How the Winklevoss twins went from losing Facebook to making trillions of dollars with Bitcoin and …

If you saw the movie ‘The Social Network’ you might remember twins Cameron and Tyler Winklevoss , played by Armie Hammer.

In February 2008, the Winklevoss twins reached a legal settlement with Zuckerberg, who agreed to pay them $ 45 million in Facebook shares and $ 20 million in cash.

Soon after, in 2012, Cameron and Tyler invested $ 10 million in a rare new digital sensation: Bitcoin .

We are excited to announce the completion of our $ 350 million Series D, valuing the company at $ 3 billion.

Unfortunately, some of these were not entirely legal and the site closed by the end of that year, while the CEO, Charlie Shrem, was arrested and spent a year in prison .

Gemini Trust Co., founded in 2014, is a platform for exchange and portfolio criptomonedas , which allows customers to buy, sell and store digital assets.

In October 2015, Gemini was among the first cryptocurrency exchanges designated as a trust bank by the New York State Department of Financial Services.

Today, Gemini offers exchange and storage for 33 cryptocurrencies of the more than 300 that exist in the market.

In addition, the Winklevoss twins have their own digital currency , the Gemini Dollar , which is pegged to the value of the US dollar and is therefore considered stable.

“Gemini is the bridge where people can migrate from centralized finance, from their current bank and into this new world ,” Cameron said in statements quoted by Forbes .

bought Nifty Gateway , a digital art auction platform in the form of NFTs or non-fungible tokens .

Thanks to the fever for these digital assets, last February Nifty Gateway contributed 75 of the 91 million dollars in NFT art sales, according to data from .

Today, Nifty Gateway is the world’s most exclusive digital art platform, largely because of its careful selection of artists.

Its most famous artist is Mike Winkelmann , better known as ‘Beeple’ , whose work ‘ Every Day: The First 5,000 Days’ has become the most expensive NFT in history .

On October 31, 2020, Beeple’s ‘ Crossroad ‘ was sold at Nifty Gateway for $ 66,666.66 .

…Read the full story