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Winklevoss twins slam Facebook as their crypto business booms - Fox Business

Winklevoss twins slam Facebook as their crypto business booms - Fox Business

Winklevoss twins slam Facebook as their crypto business booms - Fox Business
Apr 06, 2021 1 min, 1 sec

“The idea of a centralized social network is just not going to exist five or 10 years in the future,” Tyler Winklevoss told Forbes in a Monday profile when asked about Facebook.

The 39-year-old twins known as the “Winklevii” have filled their portfolio with startups trying to decentralize services dominated by tech titans like Facebook, Microsoft and Google alongside a digital art platform that at the center of the recent NFT craze, according to Forbes.

The twins reportedly entered that universe nearly a decade ago after winning a $65 million settlement in their legal battle with Zuckerberg, whom they accused of stealing their idea for a social network.

The platform has seen an explosion of interests in its “drops” of NFTs from artists such as Beeple, who just sold a token at the Christie’s auction house for $69 million, according to Forbes.

“We’re doing $4 million in five minutes now” for releases that would have fetched $50,000 a year ago, Cameron Winklevoss told Forbes.

The twins are so dedicated to the space-exploration theme that they call Gemini’s employees “astronauts,” they told Forbes

“Within the next decade, you’re going to see social protocols take off and people building decentralized forms of these services,” Tyler Winklevoss told Forbes

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