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Tyler and Cameron Winklevoss have filed a famous lawsuit against Mark Zuckerberg over the start of Facebook. Now they are predicting the downfall of the social network.
The Harvard-trained twins – portrayed by Armie Hammer as losers in the 2010 film “The Social Network” – have since become billionaires thanks to their daring investments in Bitcoin and other controversial cryptocurrencies.
Reinforced by rising prices for digital money as big companies from Tesla to Goldman Sachs embrace it, they raise the two and claim that ‘central’ social networks like Facebook are not long for this world.
WHO ARE THE WINKLEVOS TWINS?
“The idea of a centralized social network will only exist for five or ten years in the future,” Tyler Winklevoss told Forbes in a Monday profile when asked about Facebook. ‘There is a membrane or gap between the old world and this new crypto-indigenous universe. And we are the channel that helps people transcend the offline to the online. ”
The 39-year-old twins, known as the “Winklevii”, have filled their portfolio with startup services trying to decentralize services dominated by tech titans such as Facebook, Microsoft and Google, along with a digital art platform set in the midst of the recent NFT-gier, Forbes.
Tyler and Cameron Winklevoss have filed a famous lawsuit against Mark Zuckerberg over the start of Facebook. Now they are predicting the downfall of the social network. (Getty Images)
The twins reportedly entered the universe within a decade after winning a $ 65 million settlement in their legal battle with Zuckerberg, who accused them of stealing their idea for a social network.
They started buying bitcoin in 2012 after receiving a fee from an “early adopters” on the Mediterranean party island of Ibiza, says Forbes. Now Bitcoin and the so-called blockchain technology offer a business empire that gave them a combined net worth of more than $ 6 billion last month, the outlet reports.
One of their biggest successes is Nifty Gateway, which has helped fuel the explosion in the market for non-fungible tokens, or NFTs, digital assets whose ownership is stored on a blockchain ledger.
The platform has an explosion of interest in its “drops” of NFTs from artists like Beeple, which has just sold a token in the Christie’s auction house for $ 69 million, according to Forbes.
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“We are now making $ 4 million within five minutes” for releases that would have fetched $ 50,000 a year ago, Cameron Winklevoss told Forbes.
Nifty Gateway was acquired in 2019 by Gemini, the Winklevii cryptocurrency exchange that shares its name with NASA’s second space mission. The twins are so committed to the space exploration theme that they call Gemini’s employees ‘astronauts’, they told Forbes.