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The Winklevoss Twins Smash Facebook As Their Crypto Business Boom



Tyler and Cameron Winklevoss had a notorious legal battle against Mark Zuckerberg at the start of Facebook.Now they are anticipating the death of the social network.

The Harvard educated twins, who were shown to be losers by Armie Hammer in 2010, “The Social Network” have become billionaires due to their bold investments in Bitcoin and other cryptocurrencies. Contentious

With the rising price of cryptocurrencies, as big companies from Tesla to Goldman Sachs admit they are both on the rise, arguing that the “centralized”

; social network Facebook is not long in. This world

Who is the WINKLEVOSS TWINS?

“The idea of ​​a centralized social network won’t happen in five or 10 years in the future,” Tyler Winklevoss told Forbes in a profile Monday when asked about Facebook. This new crypto-native universe And we are helping people go beyond the offline world to go online. “

The 39-year-old twins known as “Winklevii” have filled their portfolio with startups that seek to decentralize services dominated by tech giants such as Facebook, Microsoft and Google, alongside digital art platforms. Which is at the center of the latest NFT craze, Forbes.

Tyler and Cameron Winklevoss had a notorious legal battle against Mark Zuckerberg at the start of Facebook.Now they are anticipating the death of the social network. (Getty Images)

The twins reportedly entered that universe almost a decade ago after earning $ 65 million in a legal battle with Zuckerberg where they were accused of stealing their ideas for the social network.

They started buying bitcoins in 2012 after being advised by “early users” on the Mediterranean island of Ibiza, Forbes said. Now, Bitcoin and the so-called blockchain technology behind it are. Power for the business empire, which brought them a combined net worth of more than $ 6 billion last month.

One of their greatest successes is Nifty Gateway, which spurred an explosion in the market for immutable tokens, or NFT, a digital asset where ownership is stored in the ledger. Of blockchain

The platform has seen an overwhelming interest in NFT’s “drop” from artists such as Beeple, who recently sold their tokens at Christie’s auction house for $ 69 million, according to Forbes.

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“We’re making $ 4 million in five minutes now,” for a $ 50,000 debut last year, Cameron Winklevoss told Forbes.

Nifty Gateway was acquired in 2019 by Gemini, the Winklevii cryptocurrency exchange, which shares its name with NASA’s Second Space Mission. He told Forbes.


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