AKA Operation Free-bird

Introduction

ElonDAO is conducting the ELONDROP, a movement to ensure the decentralization of Twitter inspired by Balaji Srinivasan. ELONDROP is setting up for the largest airdrop and crypto onboarding event in history, and every current Twitter user will be rewarded for their historical effort on their platform in regards to building a following.

We encourage ElonDAO followers, supporters, and critics to read Balaji’s article, “The Elondrop” (Link Here) ahead of diving deeper into our whitepaper.

Within this whitepaper, we aim to:

  1. Establish thoughtful reasoning for why we believe Twitter should be decentralized
  2. Explain why ElonDAO and ELONDROP have the potential to decentralize Twitter and create a more equitable platform, putting the power back in the hands of the users
  3. Walk through the illustrative mechanics of acquiring Twitter, and why we believe it’s possible
  4. Outline the technical mechanics of ELONDROP
  5. Share details on ElonDAO tokenomics and the future roadmap

The Problem: Twitter Should Not Be Centralized and Users Should Have a Vote

Twitter is a centralized platform, ultimately beholden to its shareholders and incentivized to maximize profit rather than creating the best and most equitable experience for its users. As a profit-driven entity, Twitter is incentivized to promote content that furthers their own agenda. However, having any centralized entity controlling the social narrative is at a direct conflict with freedom of speech and democracy at large.

While Twitter’s imposition on freedom of speech may at first seem somewhat inconsequential, it’s a slippery slope with grave consequences. What may begin as a few undeserving bans, shadow bans, and other censoring behavior can very easily turn into large scale narrative shaping. The extent to which Twitter has already been using their power to shape the social narrative can be debated, but the extent to which they have the power to do so is difficult to refute. This type of centralized power is dangerous and, at the very least, has the potential to lead to serious corruption.

Also, with the concepts of freedom of speech and democracy in question, it is important to understand the global reach of Twitter. Most Twitter users are not American and do not vote in US elections; however, their speech is subject to the diktat of a US corporation. Twitter should take into account the voices / views of all users on the platform to create the most equitable experience.