Categories: Business

Who texted Elon Musk to become involved or supply recommendation on Twitter deal?

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Elon texted his brother Kimbal Musk, an entrepreneur and Tesla board member, on Apr. 9: I’ve an concept for a blockchain social media system that does each funds and brief textual content messages/hyperlinks like twitter. You need to pay a tiny quantity to register your message on the chain, which can reduce out the overwhelming majority of spam and bots. There is no such thing as a throat to choke, so free speech is assured.

The second piece of the puzzle is an enormous real-time database that retains a duplicate of all blockchain messages in reminiscence, in addition to all message despatched to or obtained by you, your followers and people you comply with.

Third piece is a twitter-like app in your telephone that accessed the database within the cloud.

This might be huge

Kimbal Musk: I would like to study extra. I’ve dug deep on Web3 (not crypto as a lot) and the voting powers are wonderful and verified. Tons you can do right here for this as nicely

Must pay w a token related to the service? You’d have to carry the token in your pockets to put up. Does not need to be costly, it’s going to develop over time in worth

Blockchain prevents individuals from deleting tweets. Execs and cons however let the video games start!

In case you did use your individual token, you wouldn’t wants promoting it is a pay to be used service however at a really low worth

With scale it is going to be an enormous enterprise purely for the advantage of the customers. I hate commercials

There are some good advertisements on the market. The voting element of customers (solely vote if you wish to) might vote on advertisements that add worth. The advertisers must stake a a lot bigger quantity of tokens, however apart from that there isn’t a cost for the advertisements. It should convey out the creatives and the advertisements could be politically incorrect/artwork/activision/philanthropy

Voting rights might additionally crowdsource kicking scammers out. It drives me loopy after I see individuals selling the rip-off that you just’re freely giving Bitcoin. Numerous unhealthy individuals on the market

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