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Showing posts with the label rebranding

Michael Saylor’s Strategy: Selling Bitcoin merch, but not for BTC

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MicroStrategy (NASDAQ: MSTR), now rebranded as ‘Strategy,’ has once again made headlines, this time not just for its Q4 earnings report but also for its fresh identity and the launch of a Bitcoin-branded merchandise store. However, despite being the largest corporate holder of Bitcoin (BTC), the company does not accept cryptocurrency payments for its merchandise platform, which sparked widespread discussion in the crypto community. Rebranding and Bitcoin purchases The announcement came just hours before Strategy’s earnings call, featuring a newly revamped website and a dedicated online store selling branded merchandise. However, users quickly noticed that Bitcoin payments were not an option, with only credit cards available, further fueling controversy. Picks for you ChatGPT says XRP price will hit this target by Q1 2025 ...

Worldcoin rebrands to World after missing eyeball target by 99.4%

Sam Altman’s nightmare fuel crypto project Worldcoin is rebranding to World Network, or World for short, less than a year after missing its 2023 sign-up target by a whopping 99.4%. Altman announced the branding shift on Thursday along with a new version of World’s controversial iris-scanning ‘orb’ device. Powered by the Nvidia Jetson chip, this new generation of biometric boohockey is apparently “five times” more powerful and promises enhanced privacy and security Features . In a blog post, World said that it rebranded because “the name ‘Worldcoin’ no longer encapsulates the mission of the project—to accelerate every human.” In October 2021, Worldcoin announced that it aimed to onboard one billion users by the end of 2023. However, the project only managed to scrounge up six million pairs of eyeballs, marking a 99.4% miss. Worldcoin misses its 2023 goal of one billion users by 994 million Read more: Worldcoin offers $15...