Elon Goat Token (EGT) spent $600.000 for the realization of a giant crypto statue. 

The monument presents Elon Musk’s head which has the body of a goat that is riding a rocket. 

Musk is wearing a necklace with a Dogecoin symbol, the famous crypto that he supports since many years. 

The monument that is situated in Los Angeles, was literally a big failure! In fact, the “brilliant marketing gimmick”, seems to have been disliked by Musk himself as he has not received any public recognition from him, not even on Twitter. 

The EGT’s monument anyway was appreciate by readers of the Wall Street Journal and other important papers.

SOURCE: CoinTelegraph 

READ ABOUT TRADITIONAL BANKING CALLS TO THE CRYPTO WORLD…

For the column “the Musk’s strangeness”, in a recent tweet Musk wrote to his followers that Twitter will do lots of dumb things in coming months. 

Musk, a unique Twitter’s director, has already change several rules, fired staff, imported costs related to verified accounts and more…

But recently, in a giant conference in front of more than 100.000 people and advertisers, he was unsure about Twitter’s progress. For this reason, maybe for the first time, he was open to receive feedback and also ideas. 

Twitter at first added “verified account” next to brands like Coca-Cola, Nike, Apple…after few minutes the verified symbol disappeared. 

Brands like General Motors, United Airlines, General Mills and others, stopped buying ads on the platform before observing all Musk’s actions. 

In a Zoom call, an advertiser which name is Paskalis, said that Musk’s personal Twitter is introducing a big level of repetitional risk. 

SOURCE: CoinTelegraph

READ ABOUT BIDEN VS TWITTER… 

Elon Musk’s affaire

On October 27, Elon Musk bought Twitter after months of wafflings for $44 billions. 

Mr. Musk, a “free speach absolutist”, said that he wants to make Twitter more freewheeling place for all types of commentary. 

David Kaye, a law teacher at the University of California, said: “There could be real-world consequences to his leadership”. 

Biden vs Twitter

The USA president attended an event in Chicago for upcoming elections, wherein called out Elon Musk for buying Twitter.
Biden said: “Now what are we all worried about? Elon Musk goes out and buys an outfit that sends and spews lies all across the world.”

Karine Jean-Pierre, White House Press Secretary, told reporters earlier that Biden had ben clear about the need to reduce hate speech and misinformation. 

Changes 

Mr. Musk promise radical changes at Twitter. 

Including:

-Placating advertiser. Musk sent a message to advertisers saying he wouldn’t let the site become a hotbed of hate speech. For this reason, numerous advertisers have backed out from doing business with Twitter over content moderation concerns. 

-Job cuts. Musk, in fact, had plan to cut off about 50% of Twitter’s actually crew. Why? Because Musk’s interest is to make $1bn a year, so he needs to reduce costs. 

-New leadership. Musk is now the unique director of Twitter.

-Changes to verification. Certified accounts on Twitter - which have a blue tick next their name - have to pay $8 a month as part of the platform’s premium service.

-Content moderation. No changes on content policies. Musk’s idea consist into different stands of content. Users will select which Twitter’s version want.

SOURCE: Reuters 

READ ABOUT DOGE’S GROWTH AFTER MUSK’S ACQUISITION… 

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