{"id":82074,"date":"2023-07-24T11:36:31","date_gmt":"2023-07-24T08:36:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=82074"},"modified":"2025-09-12T02:55:37","modified_gmt":"2025-09-11T23:55:37","slug":"unknown-actors-create-a-series-of-tokens-amid-twitter-rebrand-news","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/unknown-actors-create-a-series-of-tokens-amid-twitter-rebrand-news\/","title":{"rendered":"Unknown actors create a series of tokens amid Twitter rebrand news"},"content":{"rendered":"

Twitter owner Elon Musk plans to rename the social network to \u201cX\u201d and abandon the iconic blue bird in its logo, favouring a black colour scheme. Amid the hype, unknown creators launched a series of themed tokens.<\/p>\n

The Twitter rebrand could take place as soon as today, July 24.<\/p>\n

\\\"Opera-Snimok_2023-07-24_111514_twitter.com_\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

\\n<\/p>\n

\u201cWe will soon part ways with the Twitter logo and, gradually, with all the birds,\u201d the billionaire wrote.<\/p>\n

\\n<\/p><\/blockquote>\n

In addition, the site could move to a new domain, X.com, registered in the late 1990s for one of Musk\u2019s financial startups. It currently redirects users to the microblogging platform.<\/p>\n

The steps proposed by the businessman would set in motion the transformation of Twitter into a massive ecosystem<\/a>, akin to WeChat. For the same purpose, in March Musk established the technology firm X Corp. as the parent company of the social network.<\/p>\n

The crypto community has been divided over the idea of rebranding the popular platform \u2014 according to Hypebeast<\/a>, from 2020 to 2022 more than 1 billion tweets about digital currencies were posted on it.<\/p>\n

Trust Machines\u2019 chief marketing officer Dan Held called the decision to rename the \u201ciconic\u201d Twitter \u201ccrazy.\u201d<\/p>\n

\\\"Opera-Snimok_2023-07-24_112123_twitter.com_\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

Crypto blogger Tiffany Fong and podcaster Peter McCormack said<\/a> they do not intend to abandon using the social network\u2019s original name.<\/p>\n

Others proposed their own vision for the platform\u2019s rebrand. In particular, Axie Infinity co-founder Jeff \u201cJiho\u201d Zirlin recommended keeping the name, but creating a cryptocurrency wallet under the \u201cX\u201d brand so that users could tip content creators.<\/p>\n

\\\"Opera-Snimok_2023-07-24_112521_twitter.com_\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

Executive head Linda Yaccarino outlined more about the \u201cX\u201d concept. According to her, the network will have \u201cunlimited interactivity,\u201d support several media formats, as well as payments and banking features. Without giving details, Yaccarino added that the updated app would run on artificial intelligence.<\/p>\n

\\\"Opera-Snimok_2023-07-24_112656_twitter.com_\\\"
Data: Twitter<\/a>.<\/figcaption><\/figure>\n

Against the backdrop of the forthcoming update, unknown actors launched a series of tokens under the \u201cX\u201d brand on decentralized exchanges. Their prices ranged from $0.00000026 to $0.21.<\/p>\n

\\\"2023-07-24-11.34.00\\\"
Data: CoinMarketCap<\/a>.<\/figcaption><\/figure>\n

As of July 1, Elon Musk introduced \u201ctemporary\u201d limits<\/a> on viewing tweets. The billionaire said the move was due to an \u201cextreme level\u201d of data parsing and manipulation of the system. He did not specify when the restrictions would be lifted.<\/p>\n

Against this backdrop, lesser-known microblogging apps began gaining popularity, and on July 4 it emerged that Meta planned to launch an alternative to Twitter \u2014 Threads app<\/a>.<\/p>\n

Twitter soon threatened to sue Meta Platforms over this initiative \u2014 to sue Meta Platforms<\/a> over this initiative.<\/p>\n","protected":false},"excerpt":{"rendered":"

The owner of Twitter, Elon Musk, plans to rename the social network to \u201cX\u201d and abandon the iconic blue bird in its logo, favouring a black colour scheme. Amid the hype, unknown creators launched a series of themed tokens.<\/p>\n","protected":false},"author":1,"featured_media":82075,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1269,1217,816,40],"class_list":["post-82074","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrencies","tag-elon-musk","tag-rebranding","tag-twitter"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82074","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=82074"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82074\/revisions"}],"predecessor-version":[{"id":82076,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/82074\/revisions\/82076"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/82075"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=82074"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=82074"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=82074"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}