Tweet DAO is essentially a Twitter account owned by a maximum of 1,000 users. Basically, all owners of the Tweet DAO Eggs NFT collection will gain access to the account, free to speak their minds anonymously. The collection is only available on OpenSea at the moment, sitting at a floor price of 0.69 ETH.
Tweet DAO
Did I mention the mint price of this egg sets you back 0.1 ETH? Whether you compare it to other eggs or other NFTs, its definitely not cheap. So what can you do with access to this account? Well, here are some of the Tweet DAO tweets so far:
‘Nice
This feels more exclusive than BAYC
It is only the beginning for this
This will become a marketing powerhouse!’
‘i paid 0.1 eth to tweet from this account wtf is wrong with me’
‘I wouldn’t call myself a fan of Steampunk. But I will say, it’s the healthiest way to prepare punk.’
As you can see, it’s really all over the place right now. A bunch of very different people tweeting with the same handle can be quite confusing. At least now we know what a decentralized Twitter account looks like.
The project faced a roadblock from the get-go as the team accidentally entered 10k mints instead of 1k. Since 10k people controlling a single account may be borderline chaotic, the team is deploying Wrapped Eggs which are only claimable by the first 1,000 eggs. When the migration is ready, they will then hand over access to the Wrapped Egg holders. Also, the team will soon set up a refund contract for owners of the last 9,000 eggs.
On the other hand, we have seen OpenSea ban accounts and delist items as they please right? So technically speaking, is the so called DAO ultimately controlled by Twitter? For instance, what if 1 of the 1k owners starts tweeting abusive or threatening tweets? Will it be the end of Tweet DAO as we know it?
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This article is educational material.
As always, make your own research prior to making any kind of investment.
