Oh Elon! From $400 lunches to Blue Check imposters, Factland has you covered on the latest Twitter facts and myths
As Twitter parsed the ongoing FTX meltdown in real time last week, FactlandDAO dove into the real time Twitter investigation of Elon Musk's chaotic Twitter reboot.
As Twitter parsed the ongoing FTX meltdown in real time last week, FactlandDAO dove into the real time Twitter investigation of Elon Musk's chaotic Twitter reboot. The cuts continued with more employees summarily fired for insulting or arguing with the new boss, while others were promptly welcomed back to the flock (including a mock re-hiring of memesters Ligma and Johnson, yep, that happened.)
Meanwhile, a hasty product release for a new $8 subscription Blue Check program was paused as imposters flooded the system, but not in time to save pharma giant Eli Lilly from a fake Tweet announcing it would give away insulin for free – allegedly resulting in a $20 billion market cap hair cut. And about those "$400" Twitter lunches? You can toss that claim into the composter along with the free meal program. We dug up the math.
Read on to catch up with the latest.
This Week's Verdicts
Twitter's estimated cost per lunch served in past 12 months was >$400
FALSE - 400 $FACT staked
Newly ensconced Twitter owner Elon Musk this week said he will scrap the free meals served at Twitter’s headquarters in San Francisco because it was costing the company $13 million a year or around $400 per worker, given recent office attendance rates, a claim that was disputed by employees.
See the evidence here.
A fake Twitter account created under the new blue check program wiped $20B off Eli Lilly’s market cap
TRUE - 700 $FACT staked
This week Twitter briefly rolled out then paused a change to its subscription product allowing anyone with a card card to pay $8 to get a blue check. Numerous fake accounts immediately popped including an Eli Lilly imposter that posted the company was giving away insulin for free. At about the same time Eli Lilly stock dropped 5%, or about $20 billion.
See the evidence here.
AI Art is “Art”
TRUE - 800 $FACT staked
An AI Art Manifesto was posted on Twitter this week by @bl_artclub making an impassioned argument for the legimacy of the form, and debunking popular narratives in the media portraying it as derivative and even theft.
See the evidence here.
Open claims
SBF won’t face tough criminal charges because he donated millions to democrats
200 $FACT staked
@balajis (and many others): The net result of FTX is that billions of dollars was stolen from crypto investors to give to Democrat-aligned politicians, nonprofits, and journalists. This is why there may be no prosecution.
This was an open claim at the time the newsletter was sent, you can still stake on the outcome, submit evidence and comment here.
SpaceX is in funding talks that would value it at over $150B
100 $FACT staked
From a Bloomberg report
This was an open claim at the time the newsletter was sent, you can still stake on the outcome, submit evidence and comment here.
Ethereum is insolvent
250 $FACT staked
@0xfoobar: hearing rumors that ethereum is insolvent, withdrawals are disabled for all staked eth
This was an open claim at the time the newsletter was sent, you can still stake on the outcome, submit evidence and comment here.
Two Russian missiles landed inside Poland
100 $FACT staked
Russian missiles have killed two people in NATO member Poland, an unnamed US intelligence official said Tuesday. The US Defense Department said it was unable to corroborate media reports that two Russian missiles had landed inside NATO member Poland, but added it was investigating the claims.
This was an open claim at the time the newsletter was sent, you can still stake on the outcome, submit evidence and comment here.
New claims every week
Factland is an experimental approach to misinformation, using Web 3 technology to create a trustless, decentralized fact checking layer for the Internet. Anyone can upload a claim, place a stake on whether it is true or false and submit evidence to support their opinion. If a claim is disputed, a random sample anonymous jury is assembled to review the facts, and issue a verdict and rewards to participants.
Factland does not pretend to represent the final word or truth of the matter, just the opinion of the people reviewing the case. If you disagree, you can appeal and have a decision reconsidered (this feature is not yet live, bear with us during our beta phase!)
To learn more, visit us at Factland.org, follow @FactlandDAO on Twitter, and meet the core team and community on Discord.
Thanks for your interest!
The Factland team