Elon Musk to rebrand Twitter to X, but Crypto Twitter has other ideas

1 year ago

Twitter users, on with the avid crypto community, whitethorn soon spot a precise antithetic mentation of the societal media app — which is acceptable to ditch its iconic bluish vertebrate logo for an “X” arsenic portion of a large rebrand.

Crypto Twitter hasn’t been peculiarly thrilled with immoderate of the changes, however.

In a bid of tweets connected July 23, Musk hinted that the level volition beryllium rebranded to “X” arsenic aboriginal arsenic Monday, an aboriginal measurement successful its eventual transformation to an “everything app.”

The rebrand could impact changing Twitter’s colour strategy to black, the removal of Twitter’s bluish vertebrate logo, and a sanction alteration to X, according to Musk’s assorted tweets and a poll.

And soon we shall bid adieu to the twitter marque and, gradually, each the birds

— Elon Musk (@elonmusk) July 23, 2023

The website utilized to entree the societal media level whitethorn besides change, with Musk confirming that X.com, the online code for his 1999-founded fiscal services start-up that sold to PayPal, present redirecting to Twitter.

According to the Wayback Machine, Prior to the change, x.com was a mostly blank website that simply displayed the missive "x." Prior to that, it had redirected to Musk's Boring Company website. The website URL besides had a agelong stint successful the aboriginal 2000s pointing to Paypal and adjacent had a stint displaying an eBay commerce business. 

In March, Musk also established the tech firm X Corp. arsenic Twitter’s genitor institution partially to recognize his imaginativeness for the WeChat-like app.

Crypto Twitter calls rebrand determination ‘insane’

However, not galore Crypto Twitter users person been thrilled with the projected changes. Twitter has been a stronghold for the crypto assemblage with implicit 1 cardinal tweets astir crypto betwixt 2020 and 2022 according to a March Hypebeast report.

Trust Machines selling main Dan Held said Twitter was “iconic,” adding Musk was “insane” to rebrand to X.

Others person been resistant to the projected X rebrand. Crypto blogger Tiffany Fong said she’s “still callin it twitter” which podcast big Peter McCormack agreed with.

I basal with you Tiffany

— Peter McCormack‍☠️ (@PeterMcCormack) July 23, 2023

There were nevertheless immoderate supportive of the idea, saying the super-app has been Musk's imaginativeness since leaving PayPal and points to his October tweet that implicitly said his Twitter acquisition was the accelerant to creating X.

Others person been pitching their ain ideas connected however Musk should determination up with X. Axie Infinity co-founder Jeff “Jiho” Zirlin said to support the Twitter sanction but adhd a crypto wallet called X to let users to walk and extremity level creators.

/imagine

Keep it named twitter. Add a wallet called X. Let radical walk and tip. Keep the caller creator net wrong the twitter assemblage arsenic a circular economy.

Add bitcoin and eth transfers to the wallet.

Mass adoption. pic.twitter.com/4lcxlPnW15

— The Jiho.eth (@Jihoz_Axie) July 23, 2023

Related: Twitter to enforce regular limits connected DMs for unverified accounts

Meanwhile, successful a July 23 post, Twitter main Linda Yaccarino added much clues astir X, saying it would person “unlimited interactivity,” enactment aggregate media formats, and diagnostic payments and banking — a diagnostic that Musk has reportedly said helium wants to enactment crypto.

Without specifying however Yaccarino said the upcoming app would besides beryllium powered by artificial intelligence, though Musk has antecedently said AI would beryllium utilized to observe manipulation of nationalist opinion.

X is the aboriginal authorities of unlimited interactivity – centered successful audio, video, messaging, payments/banking – creating a planetary marketplace for ideas, goods, services, and opportunities. Powered by AI, X volition link america each successful ways we’re conscionable opening to imagine.

— Linda Yaccarino (@lindayacc) July 23, 2023

The rebrand comes arsenic Musk admitted connected July 15 that Twitter’s advertizing gross had dropped by 50% and the steadfast had a dense indebtedness load, though it’s chartless implicit what timeframe the gross driblet occurred.

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