Elon Musk has taken over the world's most influential social platform in a $44 billion deal announced after months of intense discussions. There is no doubt that Musk, one of the most innovative entrepreneurs of his time, plans to enter a new era with Twitter. Although he took over as CEO on October 28, there has been a lot of speculation about Twitter's future. Despite the ongoing discussion, there is one community that applies wholeheartedly to ElonMusk's takeover: CryptoTwitter.

The data encryption community has been a good fit for ElonMusk's Twitter buy, and he has cleaned up the spam account program that has been encroachment on the site. Another promise Musk made when he took over was to preserve channels for free speech.

In a recent article, Musk revealed that he chose Twitter because he expected "a future of civilised behaviour where there will be a common digital city building town square". He knows recycling from this new business won't be easy. Musk really cares about people, and it shows in his existing companies (SpaceX and Tesla). Musk wrote: "Clearly, tweets cannot be used as a purgatory for war, where nothing can be said without any ill effects! In addition to following local laws and regulations, our own service platform must also be polite to everyone, and you can choose according to your own preferences."

Crypto space believes we should all have a place to share our views, not be kicked off the platform or banned. They want to see what happens to the site. After all, blockchain applications can implement blockchain technology that allows consumers to decide their own opinions and opinions online. One of the core beliefs of the blockchain technology platform is that there should be no single physical line responsible for serving the platform. While Elon Musk may well be the only executive in charge of Twitter, he is actively engaging with users on the site and Posting social facts and polls daily for opinions and feedback.

In an effort to make Twitter a natural environment for fair dealing on all sides, Musk wrote in a post: "Until we have an established operating process, it won't be easy for Twitter to get all the people who have been removed from the service for violating Twitter standards back on the software again, which will be for at least a few weeks." Musk noted that there will be a "content audit committee" focused on cracking down on "hate-facilitated violence" and the use of racial and derogatory terms in the app.

"Anything to reduce the robotic program."

BinanceCEOChangpeng "CZ" Zhao expects to uphold free speech rights on the Internet and that putting $500 million into the Twitter deal could help ElonMusk "realize Twitter's new vision." "In order to expand the use and choice of digital currency and blockchain technology, we want to give full play to the combination of social networking and Web3," Zhao said in a statement.

Since ElonMusk is a believer in digital currencies, CryptoTwitter may have a chance to use the app for more than just memes and candlestick data charts. Earlier this year, Musk began accepting Bitcoin as a form of payment for Tesla, offering to accept bitcoin for reading even before taking over the company. TwitterBlue "This idea. Zhao also suggested that VIP fee standards "digital currency can be easily applied internationally." Currently, Musk has been working hard to solve the spam messaging smart bot problem that puzzled CryptoTwitter's entire platform.

This week, Musk suggested subscribing to "TwitterBlue" for $8 a month, which would give the average user access to a dark-blue bank draft that passed the test at the edge of Twitter's return value, without having to pay more than $1,000. TwitterBlue will grant customers preferred placement in responses and searches, reach lower ads, post longer video/music clips, and even reward creators of specific content based on revenue streams that bypass paywalls. Depending on how much ownership customers have in their responses and searches, Musk expects the subscriptions to be resistant to bots pushing spam messages to the site. During the Internet Summit in Lisbon, Zhao applied TwiterBter.

Web3 competition

Twitter isn't the only Web2 player in the Web3 space. Reddit, Meta, and Instagram have been actively involved in the NFT industry, with some degree of success. Reddit launched the NFT Marketplace and overnight became one of the largest NFT marketplaces, deeply engaging more consumers than OpenSea. Meta(officially Facebook)Instagram just announced that it will adapt to the Polygon blockchain and will allow creators to build their own digital collections and sell them directly to the masses. The feature allows creators to own the rights to use the content and forge and sell their irreplaceable currency inside and outside Instagram.

Twitter was one of the first to introduce NFT integration platforms in China, allowing users to transfer their data-encrypted wallet to their Twitter account to verify the right to use NFT. An NFT purchased on the Ethereum blockchain will open a hexagon profile picture on Twitter showing the consumer's rights to the NFT. Last week, @TwitterDev said the site would be tested for NFTTweetTiles ", which indicates NFT links from the preferred marketplace and contains details of NFT artwork, such as title and creator.