Elon musk declared twitter to accept dodgecoin for tips feature
Elon musk declared twitter to accept dodgecoin for tips feature

Elon musk declared twitter to accept dodgecoin for tips feature

Elon musk who will be the next biggest stakeholder of Twitter is taking some innovative steps for the growth of this social networking platform. In the process of completing the purchase deal, the upcoming owner has been making it thoughtful that the platform will be a multiverse platform. To achieve this move musk has announced the inclusion of dogecoin cryptocurrency as a currency acceptance for all the transactions aligning into the Twitter space.

Elon musk declared twitter to accept dodgecoin for tips feature
source : cryptostars.is

Who is Elon musk?

Elon musk is a tech billionaire and a successful technocrat who has been running some billionaire tech giants like Tesla, SpaceX, SolarCity, openAI, and many more. Musk has initiated the purchase of twitter for its upcoming plans to dominate the social media and communication space.

What is Dogecoin?

Dogecoin is a cryptocurrency created out of jokes about dogs as a part of memes on the dog’s humor on global cryptocurrency transactions issues. The cryptocurrency was created by Billy Markus and Jackson Palmer in the year 2013 as a side project. The duo decided to make one payment system out of the jokes which had been made on the crypto hype of the time. Dodge is considered the first joke coin or the meme coin of the era.

What is Twitter?

Twitter is a social media and social networking platform which was founded by  Jack Dorsey along with 3 more founding teams in 2006. The platform started its operations as an instant alert platform in its initial days and got attention after it was able to report the cycle alert in the US before the US mainstream media published it. The application got momentum when former US president Barack Obama used it for his political campaigns in the US elections. This year in June Elon musk acquired twitter at $44 billion with the vision of creating a new dimension of social media platforms out of Twitter.

What are the new features and Tips on Twitter?

Twitter has introduced the feature of Tips on their platform with which any user can accept payments in the form of cryptocurrency for all the features available on the feature. The user can point out their Twitter details to accept all the transitions in cryptocurrency. In this process, Twitter is experimenting to expand its operations into a cryptocurrency facilitator payment facilitator.

What is “X”, the everything app of Twitter?

The Twitter company wants to create an app that can be used for all the day-to-day needs of users. These needs can be from the smallest need of payment or huge needs like the purchase of heavy machines like airplanes. The vision of Elon musk who recently acquired Twitter says that all these needs can be started under one roof with the help of Twitter, he views that this can be possible by taking into consideration of WeChat app for all the operations in the China.