In April, cryptocurrency exchange FTX paid esports company TSM $210 million. to change your name to TSM FTX. On Wednesday, TSM FTX changed its name back to simply TSM days after FTX filed for bankruptcy. after the biggest accident in the history of cryptocurrencies. And she just had to spam Twitter’s Save button hundreds of times to do it.
“We have suspended our partnership with FTX effective immediately,” TSM aware on Twitter today. The world’s largest esports company said this meant it would remove all mentions of the cryptocurrency exchange from its existing brand and merchandise and also stressed that it was still a “profitable and stable organization” despite the uncertainty surrounding the deal. above to receive $210 million. of FTX for a period of 10 years.
There was just one problem: TSM was still TSM FTX on Twitter. “Better change that Twitter name then,” one user replied. “Unfortunately, at this time with the changes to Twitter verification, we are unable to do this,” the company responded.
From Elon Musk took over Twitter and started urinating on the walls and shitting on the carpets, the social media platform has been rocked by sudden and cruel layoffs, half-baked product launches, and broken features. One of the big changes is that verified users are you can no longer change your name because at one point the accounts began responding to the chaos by posing as blue check parody accounts posing as Nintendo, Lockheed Martin, and even Musk himself.
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FTX’s Big Bang as a result of its CEO’s arrogance and negligence, therefore, it intersected at a transcendent 90 degree angle with Twitter’s big bang as a result of its CEO’s arrogance and negligence. At least for a while.
As professional gamers, it didn’t take long for TSM to discover an exploit. It turns out that trying to save a name change over and over again as quickly as possible will eventually make it stick. “For any verified person who wants to change their display name. Gig gig spam savings by changing your display name to DESKTOP only. The fingers of the TSM social team are now worn out”, tweeted the company’s global head of social media, as first reported by Axios.
Outside of that initial setback, TSM’s post-FTX transition appears to have gone smoothly. It’s not really clear how much deeper the relationship between the two companies went besides sticking those three letters everywhere TSM fans might see them.
In particular, Sam Bankman-Fried, founder of FTX and the new face of crypto Ponzi schemes, I was a huge fan of League of Legends. He played it during meetings with big investors. He was also reportedly terrible, prompting even US Congresswoman Alexandria Ocasio-Cortez to dip her ranking to Bronze III. But if his love for Riot Games’ MOBA had anything to do with him driving the sponsorship of TSM in the first place, it didn’t even end up leading to FTX appearing on League of Legends events. Riot banned the letters from appearing near their competitive games, including valuingDue to the “trigger risks” to fans associated with crypto promotion.
And while TSM will no doubt miss that $210 million, especially at a time when esports companies are battling layoffs amid the ongoing recession, things could have been worse. FTX was promoting its token, FTT, as part of the deal, but was told by TSM the washington post who sold that crypto months ago, before it plummeted after the exchange blew up.