What’s happening within the Twitter crypto community? Below is all the latest news from new CEO Elon Musk and an in-depth look at Gmoney, the platform that recently purchased the blue tick from the popular social media outlet.
The native crypto platform Gmoney buys the blue checkmark on Twitter
Recently, Gmoney, the first native crypto lifestyle platform, and 9dcc, an acronym referring to the last four digits of the Ethereum wallet, purchased the enterprise verification checkmark on Twitter.
As we know, ever since Elon Musk has been the new CEO of the social platform, verified organizations have the ability to extend the paid blue checkmark and logo placement to brand affiliates.
Thus, the first 25 members of the 9dcc Network Points Leaderboard will have the opportunity to get free affiliate badges from 9dcc, the tweet states:
In this sense, the move made by Gmoney is quite strategic, given his interest in Elon Musk’s monetization strategy for Twitter and is an element of his approach to ludicalization in his 9dcc ecosystem.
Gmoney, in fact, is an integral member of the Web3 community and works in various creative fields. It is now creating new and innovative ways to use NFTs, the metaverse and more. 9dcc, in particular, highlights how much web3 will play a role in the new lifestyle and fashion platform.
Twitter Blue among the biggest innovations introduced by Elon Musk
As is well known, ever since billionaire entrepreneur Elon Musk bought Twitter, the prestigious social platform has seen several changes within it, including the launch of new features not always without criticism.
In fact, the platform has transformed itself almost radically amid mass layoffs, resignations and closed offices.
However, among the most important new features is the subscription introduced by Musk to Twitter Blue.
The new feature is also available in Italy starting at 8 euros per month and allows anyone, after subscribing to the social, to edit tweets, access advanced themes, NFTs as a profile photo, but also to write posts of up to 10,000 characters.
Last but not least, there is the introduction of paid access to the blue checkmark, previously delivered exclusively to prominent personalities with the aim of confirming their identity to readers and followers.
In addition, Twitter Blue introduces other new checkmarks of different colors for users. These include the gold checkmark for verified organizations, the organization badge that indicates an account’s affiliation with verified organizations.
And the gray checkmark assigned to government agencies, major media outlets, and some public figures.
Musk and the mentions of Dogecoin on Twitter causing the crypto’s price to move
In addition to the more technical changes, Elon Musk has also recently been wreaking some havoc in the Twitter community with his comments in favor of the Dogecoin crypto, of which he has always been a big supporter.
In fact, earlier this month, the CEO of Tesla had set the crypto’s Dogecoin logo, which has the face of a Shiba Inu dog breed as its emblem, instead of that of the traditional blue bird.
Even though it was removed after a short time, with this move by Musk Dogecoin saw its value rise significantly in a short time. Specifically, the memecoin’s market share increased by 2.5 billion in one afternoon.
Not coincidentally, Musk is currently in the midst of a $258 billion lawsuit because he is believed to be the architect of the disproportionate growth of the cryptocurrency Dogecoin. Investors specifically accuse him of driving up the coin’s price by more than 36,000% in two years through a pyramid scheme.
Musk promptly asked for the lawsuit to be dismissed, which is why his lawyers stated the following:
“There is nothing illegal about tweeting words of support or funny images about a legit cryptocurrency that continues to have a market cap of nearly $10 billion.”