(Twitter) Tron Founder Justin Sun is seeking to take Twitter private at $60 a share, eclipsing the offer of $54.20 a share by Tesla’s CEO Elon Musk.
Sun concurs with Musk’s proposals on the “edit button” for the social media giant. He similarly proposes upholding the freedom of speech and a subscription service allowing Dogecoin payment and a ban on advertising.
Sun says he would make Twitter a superior platform by tapping into its full capabilities. Similar to Musk, he wants to make Twitter a Web3-friendly and crypto-dedicated platform.
The Tron founder seeks to decentralize Twitter’s workforce and make it neutral and less US-centric. He also proposes a more open and decentralized approach to Web3 by the social media giant.
To attract more users, Sun wants to introduce a mechanism that will ban bots and scammers on Twitter.
It now remains to be seen if Sun will make a formal bid for Twitter amid Musk’s lower offer to take the social media giant private.
TWTR: NYSE is up +3.50% in premarket, DOGEUSD is up +2.09%
