The direction of Web3 reform after Elon Musk's acquisition of Twitter
On Oct. 28, the world's richest man, Elon Musk, completed the acquisition of social media giant Twitter for $44 billion after several twists and turns. After the acquisition, Musk fired Twitter's former CEO Parag Agrawal, CFO Ned Segal and other executives, and changed Musk's Twitter profile to Chief Twit and posted that he would become the company's CEO. The acquisition of Twitter demonstrates Musk's ambition to make big changes in the social media industry against the backdrop of a poor year for social media such as Meta (formerly Facebook) and Snapchat. Twitter is the most important communication medium in Crypto circles, and Binance has also taken a seat in this acquisition, and Musk himself has always paid much attention to cryptocurrencies such as BTC and DOGE, so the future direction of Twitter's reform must be a reference for Crypto social media marketing, Web3 social and SocialFi. In this article, we will figure out the general direction of Twitter&