According to data from the tracker, $EGT hasn’t seen much growth over the past year. CoinMarketCapbut its founders hoped the Musk statue would inspire the entrepreneur to tweet about the company and take a fresh look at the coin.
Efforts by Elon GOAT Token to deliver the statue got the company featured on Twitter’s US trend page. Musk Purchased last month the social network caused a mass uproar layoffs, advertisers leaving and potential changes in the acquisition process Twitter Blue checkmark.
Costing and Total According to Elon GOAT Token, the $600,000 Musk statue is a nod to the billionaire’s fame – a rocket representing Musk’s spacecraft company SpaceX; and real goat, a word also used as an abbreviation for “The Greatest of All Time.”
Despite the exponential growth in recent years, the cryptocurrency has had a tough 2022. Cryptocurrency exchange FTX, which was estimated to be worth $32 billion in January, crashed. this month. Its CEO resigned and the company filed for bankruptcy. investigation how it was resolved.
Millions of dollars in cryptocurrency last year stolen in fraud The exchange operator is targeting Coinbase users.
Co-founder Ashley Sansalone said in a Twitter audio stream Saturday that “times have not been good” for the Elon GOAT Token, but the company has allocated enough money to complete the sculpture project.
“We believe Elon’s potential acceptance of this Bible-sized gift could bring $EGT into the limelight and accelerate its various initiatives,” the company website states. said.
Elon GOAT Token did not respond to the Washington Post’s request for comment on Saturday.
Elon GOAT Token has confirmed that the statue has arrived at the Austin building after months of construction and traveling across the country. in a tweet Saturday after broadcasting the event live. Musk, who has 119 million followers on Twitter, did not disclose the project to the public as of Saturday evening. Tesla did not respond to The Post’s request for comment on Saturday.
Kevin Stone, a Canadian-based sculptor, said he received a call from designer Danny Wang about the project last year and did not reveal the identity of the sculptor until the contract was signed.
At first, Stone thought the mystery client was Musk. He didn’t think anyone else would do such a “crazy project”.
The sculptor began work on the head of the piece in January and finished it about six months later, after nearly 600 hours of work. The statue of Musk’s head was 1.8 meters tall and 1.2 meters wide, weighing 250 kilograms.
For Stone, known for his bird and dragon sculptures, the project was a chance to do something he had never done before.
“It was so crazy I couldn’t turn it down,” he said. “I just wanted to be a part of it because it was such a unique opportunity to do something really, really different.”
Spectacle, a US design and manufacturing company, designed the goat and rockets on the statue.
On Saturday evening, Sansalone started a Twitter audio stream saying that she and those who accompanied her throughout the trip were sitting about 50 meters from the Gigafactory, where security had asked them to relocate for safety reasons.
Sansalone said that the Elon GOAT Token statue should always “be fun”, intended to make Musk laugh, and that the crypto company is trying to do the same with the Tesla CEO despite being “small in comparison.”
As the sun began to set in Austin on Saturday, it was unclear whether Musk would allow the statue to remain.
“We’re not leaving,” said Sansalone towards the end of the river. “We’ll see how that turns out. We’ll wait here.”
In the background of the Twitter audio stream, people said, “Elon Musk, let’s go! Elon Musk, let’s go!”
