Unless you've been living under a rock, then, you should know that our Phenomenal entrepreneur is already making waves with his Twitter rebranding. The news has it that he's bent on living the dream he had for PayPal with the rebranding.
Source
He has had a lot of Entrepreneurial ventures in the past and everyone knows how he received a significant payout from the sale of Zip2, a company he founded alongside his brothers in 1996. He did not stop there, as we saw him move over and founded PayPal which provided a financial service allowing users to send money across the world, and that was acquired as well.
To reduce the cost of space transportation and enable the colonization of Mars, Elon Musk moved on to create SpaceX and this company has reached a lot of milestones. When you look into History, Elon Musk has been putting his hands in all sorts of businesses that aligned with his values and tried to change the world and we still have Tesla standing tall to this day.
So, it's no longer a secret that he has the tendency to revive death companies and turn them into multi-million dollar companies and everyone thought that was his intention when he bought Twitter.
From the blue ticks and verifications process, the reduction of the number of views per account, to the ad-revenue-sharing program for creators initiative, Elon Musk has been coming up with initiatives to move his WEB2 platform forward.
We already had our Leofinance team interested in building the Everything App, and we are taking one step closer to making it a reality each day. The intent is to have a platform where social media, payments, subscription models, games, etc will be executed in one place and it's something that will be great when we see it happening in WEB3.
Yes, WeChat might have it in China but as long as it's not decentralized, it has some sort of restrictions. With a decentralized Everything app that the team is working on putting together, we will see a shift in the perspective and the turnover of things especially with our money.
We will no longer have to wait long hours and more working days to have our transactions approved and successfully executed. It's one of the special benefits of the blockchain, you can be sure you'll get your money without delays and it doesn't take time for transactions to be executed.
The best part is you will be controlled or censored out of your accounts. You retain ownership of everything and have the right to do whatever you like with your funds. This is because data is distributed across multiple nodes which makes it censorship resistance.
It might take a while for everything to come together but we already know that WeChat started as a text message platform before it transitioned to a platform with access to a ton of activities. So, starting as a blogging platform that applauded long-form content and moving on to embracing short-form content in the form of Leothreads, I know that we are heading somewhere.
Soon we will say goodbye to needing additional spaces for newer apps on our phones because the Everything App that the Leofinance team is Building, I believe will incorporate all of the things that we need the internet for and we will be able to access from anywhere in the world.
When all of these things happen on WEB3, it will be a win for all of us because we will be free from all of the negation that comes with WEB2 when it comes to our freedom and financial flexibility. We will witness more diverse forms of security, which will continue to protect our data, transactions, and funds from hacks and unauthorized access.
We will also experience and enjoy privacy to a higher level and we will continue to decide what to share and what to withhold. Instead of having to live in the fear of data bridges and misusage of our information on every WEB2 platform.
The proposed Everything app will be able to leverage blockchain's interoperability features to integrate all the services that we use and enjoy interacting with daily, all in one place
WEB3: Wealth creation through decentralized content creation and monetization
BTC & Threads: The Battle for Control and Freedom through Crypto's Rise & WEB3's Promises
Cryptocurrency shaped the Future of the Internet and Economic Empowerment
How WEB3 platforms like Hive Outshine WEB2 in Content Monetization