{"id":24119,"date":"2022-04-14T14:16:02","date_gmt":"2022-04-14T18:16:02","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=24119"},"modified":"2022-04-14T14:16:53","modified_gmt":"2022-04-14T18:16:53","slug":"trons-founder-wants-to-make-twitter-private","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/trons-founder-wants-to-make-twitter-private\/","title":{"rendered":"Tron’s founder wants to make Twitter Private and decentralized at $60 per share"},"content":{"rendered":"\n
Just hours after Tesla CEO Elon Musk proposed a $54.20 per share proposal to buy Twitter, Tron's founder Justin Sun <\/a>offered to take the social media company private at $60 per share.<\/h5>\n\n\n\n
\"Tron's
Tron's founder wants to make Twitter Private and decentralized At $60 Per Share<\/figcaption><\/figure><\/div>\n\n\n\n

On April 14, Tron creator Justin Sun said in a tweet that he will make Twitter a better platform by utilizing all of its features. Furthermore, Tron Founder, like Elon Musk<\/a>, aspires to make Twitter a crypto-dedicated and Web3-friendly site.<\/p>\n\n\n\n

Sun agreed to embrace Musk's proposed platform modifications, including an edit button, freedom of speech, a subscription service with Dogecoin payment options\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a>, and a ban on advertising, in exchange for $60 per share.<\/p>\n\n\n\n

Elon Musk declined a position on Twitter's board of directors because a board member cannot own more than 15% of the company's stock.<\/p>\n\n\n\n

Now, he's filed an SEC filing revealing a bid to buy Twitter <\/a>outright for a significantly higher equity value. Musk feels that the adjustments will not be achievable until Twitter becomes a publicly traded corporation, and he has little faith in the management.$60<\/p>\n\n\n\n

Justin Sun, on the other hand, wants to make Twitter private and decentralize its employees, as well as neutralize it and make it less US-centric. He also suggests that Twitter take a more open and decentralized Web3 approach<\/a>, making it more open source for developers.<\/p>\n\n\n\n

He plans to create a method to block scammers and bots in order to enhance user involvement. Sun, despite offering a larger share price than Musk, has yet to make a formal bid to Twitter directly.<\/p>\n","protected":false},"excerpt":{"rendered":"

Just hours after Tesla CEO Elon Musk proposed a $54.20 per share proposal to buy Twitter, Tron’s founder Justin Sun offered to take the social media company private at $60 per share. On April 14, Tron creator Justin Sun said in a tweet that he will make Twitter a better platform by utilizing all of […]<\/p>\n","protected":false},"author":12,"featured_media":24120,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[9165,482,6795],"class_list":["post-24119","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-trons-founder","tag-twitter","tag-web3-2"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/04\/image-100.png","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/24119","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=24119"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/24119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/24120"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=24119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=24119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=24119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}