NFT EveningNFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • NFT News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
      • Columns
    • NFT Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
      • NFT Launchpad
    • Newsletter
    NFT EveningNFT Evening
    NFT News

    Home » NFT News » Winklevoss Twins drops Crypto Legends NFT

    Winklevoss Twins drops Crypto Legends NFT

    By TheoJune 1, 2021Updated:September 21, 20223 Mins Read

    Known for being business enablers, The Winklevoss Twins have now become products through their NFT Collection. The twins collectively own approximately 1% of all Bitcoin supply so the name ‘Crypto Legends’ for this NFT drop is 100% accurate. The NFT Collection celebrates their success as tech-preneurs and Bitcoin Billionaires.

    The Winklevoss twins first became famous for disputing and losing ownership of Facebook against Mark Zuckerberg. Anyone who saw the movie, The Social Network, would assume that they are done for. However, The Winklevoss twins are currently living their tech happily-ever-after, sitting on top of a multi-billion dollar crypto and NFT empire.

    NFT Collection dubbed as 'Crypto Legends' celebrates real life crypto legends - The Winklevoss Twins
    NFT Collection dubbed as ‘Crypto Legends’ celebrates real life crypto legends – The Winklevoss Twins Credit: Entrepreneur

    The Winklevoss Twins as Crypto Legends 

    Crypto Legends is a three-card collection celebrating the twins and their role in advocating mass adoption of digital assets. Aside from popularizing Crypto, they also contributed in building a use case and utility for it. 

    This is the first fully authenticated NFT from the actual Winklevoss Twins themselves. The twins teamed up with Ethernity Chain to launch this NFT Collection. The partners are donating 90% of the profits from this auction to a non-profit organization advocating expansion and accessibility of rowing to New Yorkers. 

    The rise of  the Winklevoss empire  

    The Winklevoss twins eventually reached a legal settlement with Facebook and  Zuckerberg. For their trouble, they received $45 million in Facebook shares and $20 million in cash. Soon after, in 2012, Cameron and Tyler invested $ 10 million in Bitcoin for $8 a piece and the rest is history. 

    The Social Network follows the origin of Facebook that ended with The Winklevoss Twins suing Mark Zuckerberg
    The Social Network follows the origin of Facebook that ended with The Winklevoss Twins suing Mark Zuckerberg Credit: FT Montage

    The Winklevoss twins went on to put up family office, Winklevoss Capital Management, to undertake venture investments. They also hit big with Block-Fi, the growing Bitcoin lending giant. The company just raised $ 350 million in investment and is now valued at more than $3 billion .

    They hit a bit of a setback when  their Brooklyn-based exchange, BitInstant, was closed down by the government.  It was so bad that the CEO served a one year prison sentence. The platform allowed exchange of dollars for bitcoins in minutes for a fee. It was such a hit that it represented 30% of the total purchases of Bitcoin back in 2014.

    The Winklevoss twins are also the proponents of Gemini, the world’s first licensed ETHER exchange which recorded $29 billion trading volume in the past year. In addition, they also have their own digital currency, the Gemini Dollar, which is a stable coin pegged to the value of the US dollar. In other words, it is similar to what Facebook intends to launch as Libra. 

    Turning things to gold 

    The Winklevoss twins are no stranger to NFTs. Back in 2019, way before the NFT boom, they acquired Nifty Gateway through Gemini. It is now the world’s most exclusive NFT platform. It is lauded for reaching $255 million in total sales and putting digital artists like Beeple and Grimes on the map.

    Wondering what the twins are up to now? Well, they are getting ready to  integrate Gemini and Nifty Gateway into a single product where the NFTs can be used as collateral for cryptocurrency loans. You can count on The Winklevoss twins to get the timing right!

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Previous ArticleEmber Sword’s NFT Economy in Full Swing After First Land Sale
    Next Article MyMetaverse Real Estate NFTs Set For Minecraft
    Theo
    • LinkedIn

    Theo is NFTevening co-founder. He has been in the digital marketing & Media industry for the past 7 years and is involved in several big publishing companies - Reaching 35Millions users monthly across 20 different countries. He is a nostalgic gamer, a Witcher-fan and a huge NFT-enthusiast !

    More great NFT Evening content:

    NFT Inspect just unveiled a powerful new analytics tool

    Track the Popularity of NFT Profile Pictures on Twitter with NFT Inspect’s Chrome Extension”

    June 9, 2023

    Is Gary Gensler’s Crypto Crackdown the Result of Bad Blood?

    June 9, 2023

    FranklinIsHacked! Do NOT Click Any Links!

    June 9, 2023

    Mark Cuban Makes Waves with NFT Transformation of his Book

    June 9, 2023
    Pooly NFT

    PoolTogether Gets Legal Victory as Lawsuit Dismissed by Judge

    June 9, 2023

    Kraken Launches Full-Scale NFT Marketplace with Over 250 Offerings

    June 9, 2023
    Noel Gallagher's NFT Collection Shakes Up the Competition

    The Final Push: Gallagher’s NFT Surprise in Album Showdown with Foo Fighters

    June 9, 2023

    Stand with Crypto: The Campaign Fighting The Powers That Be In Web3

    June 8, 2023

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Columns
    • Crypto Art
    • Interviews
    • Metaverse
    • Music
    • NFT Guides
    • NFT Marketplaces and Tools
    • NFT News
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Job Opportunities
    • About Us
    • Contact Us
    • Newsletter
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.

    Go to mobile version