NV Effects LLC is making a tender offer for Elon Musk’s Twitter shares in exchange for a crypto currency to be issued; potentially called Twitter Token.
With the tendering of Mr. Musk’s shares in Twitter, NV Effects LLC, will make similar tender offerings to the remaining shareholders of Twitter.
When the Twitter Token is the standard representation of ownership of Twitter Inc. the crypto currency will trade freely on crypto exchanges.
Ownership of a Twitter Token will have several blockchain benefits, some of which include:
1. The famous blue checkmark for account verification.
2. Participation in online and live events.
3. Opportunity for token holders to sell advertising on their unique verified feed.
4. Participation in the earnings of Twitter.
NV Effects LLC’s general manager Gerald Schiano stated: “We are excited to make this offer. We feel that this
crypto model will allow Twitter users to become part of an ownership community. Traditional wall street
financing models tend to dampen free speech since outside investor influences are not always in line with the
community in the virtual town square."
About NV Effects LLC: A private company developing new revenue models.
About Elon Musk: Elon Reeve Musk FRS is an entrepreneur, investor, and business magnate.
Contact:
[email protected]
Keywords: Elon Musk, Twitter, TESLA, crypto currency