“Musque”
Errol Musk said he would have a digital token bearing his name, Fortune reported. The token called “Musk It” is his attempt to finance his last company, a reflection group called the Musk Institute.
Errol Musk, with his trading partner Nathan Browneplanned to raise between $ 150 million and $ 200 million from the “Musk IT” token, report. Funds should be supported to support the Musk Institute, which will focus on the progression of scientific and technical research. But they did not have a clear outline for the “tokenomics” of the project or the underlying structure.
Father-son relationship
Despite the well-known aversion of Elon Musk for cryptocurrency companies, Errol Musk seems imperturbable by the link between the name of his son and the new project. In an interview with Fortune, he said: “I am the leader of the family” and added that “it really started with me in our family – I” Muscade “for years.”
Errol Musk is also faced with skepticism about the potential tension with his son. Their relationship has long been described as tense, Elon Musk previously calling his father “a human being so terrible” and sharing details of his emotional scars of childhood, according to the report.
Errol Musk denied the assertions and said they were in better terms, indicating a recent meeting during a launch of SpaceX where Elon praised her father’s engineering knowledge.
Elon Musk does not approve of “Musk It”
Browne rejected the accusations according to which cryptocurrency is built on the hypothesis that Elon will end up, “if someone count on Elon to approve or contribute, then I think that it is missing”, Cited Fortune.
Faq
Why is Errol Musk throwing a cryptocurrency called “Musk It”?
Errol Musk launches “Musk It” as part of its financing plan at the Musk Institute, a reflection group focused on the progression of scientific research and engineering.
What are the guys?
Samecoins are cryptocurrencies that are often based on jokes or internet personalities, with little or no real value. They are generally motivated by online communities and can be very speculative and volatile.
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