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The Winklevoss twins hit Facebook while their crypto business boom



Tyler and Cameron Winklevoss are fighting a legal battle against Mark Zuckerberg over Facebook. Now they predict the death of the social network.

The Harvard-educated twins – who were portrayed by Army Hammer as losers in the 2010 film “Social Network” – have since become billionaires thanks to their bold investments in bitcoin and other controversial cryptocurrencies.

Encouraged by rising digital money prices, while big companies from Tesla to Goldman Sachs are embracing them, the couple is already growing the antenna, arguing that “centralized”

; social networks like Facebook aren’t long in the world.

WHO ARE THE WINKLEVOSS TWINS?

“The idea of ​​a centralized social network simply won’t exist for five or 10 years in the future,” Tyler Winklevoss told Forbes in a profile on Monday when asked about Facebook. “There is a membrane or gap between the old world and this new crypto-native universe. And we are the conduit that helps people excel offline online. “

The 39-year-old twins, known as Winklevii, have filled their portfolios with start-ups trying to decentralize services dominated by tech titans like Facebook, Microsoft and Google, along with a digital art platform that is at the heart of recent NFT Forbes.

Tyler and Cameron Winklevoss are fighting a lawsuit against Mark Zuckerberg over Facebook. Now they predict the death of the social network. (Getty Images)

The twins reportedly entered the universe nearly a decade ago after winning a $ 65 million deal in their legal battle with Zuckerberg, who was accused of stealing their idea for a social network.

They started buying bitcoins in 2012 after receiving tips from some “early adopters” on the Mediterranean party island of Ibiza, Forbes said. Bitcoin and the so-called blockchain technology behind it are now driving a business empire that gave them a total net value of more than $ 6 billion last month, the outlet said.

One of their biggest successes was Nifty Gateway, which helped explode the market for indispensable tokens, or NFT, digital assets owned in a blockchain book.

The platform has seen an explosion of interest in its “drops” of NFT by artists such as Beeple, who have just sold a token at Christie’s auction house for $ 69 million, according to Forbes.

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“We’re making $ 4 million in five minutes” for publications that would have made $ 50,000 a year ago, Cameron Winklevoss told Forbes.

Nifty Gateway was purchased in 2019 by Gemini, Winklevii’s cryptocurrency exchange, which shares its name with NASA’s second space mission. The twins are so committed to space exploration that they call Gemini employees “astronauts,” they told Forbes.


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