If you live in central Texas, it can seem difficult to avoid Elon Musk these days. Tesla and other billionaire-led companies seem to be steadily increasing their presence in Austin, and Musk himself never seems to be out of the news cycle.
And if that wasn’t enough, there’s now a giant sculpture of Musk’s face — on the body of a goat, riding a rocket ship — being brought to the Austin area.
No, we’re not kidding.
The sculpture’s owners bill themselves as “big Elon fans” and run a cryptocurrency company called Elon Goat Token. They say the sculpture was created in Elon’s honor, and is meant to symbolize that Musk is the GOAT – acronym for Greatest Of All Time – which is why the billionaire’s head is on the body of a goat.
The sculpture’s owners are planning a “GOATSgiving,” a cryptocurrency and Musk-themed event, on Saturday in Austin, and say they hope to have the sculpture delivered to Musk by the end of the week.
The whole plan might seem far-fetched and has probably left most people who see it in the city with a lot of questions. While it’s unknown whether Musk will accept the sculpture, the American statesman has gotten at least some answers on the situation:
Yes, this is real. Musk may be a polarizing figure, but he has very loyal fans. When Tesla held its grand opening party in April for its Autin manufacturing plant, people came from all over the country, even without tickets, to try to attend the party, and people even moved to the South of Texas for being near a facility run by Musk. aerospace company SpaceX.
The sculpture’s owners say it intends to pay homage to Musk and his contributions to cryptocurrency.
The sculpture in part also serves to promote the Elon Goat Token, a digital token and cryptocurrency platform. Social media posts for the sculpture call it the world’s first “crypto token marketing concept.”
The website states that the founders “believe Elon’s potential acceptance of this biblical-sized gift could catapult $EGT (the accompanying cryptocurrency symbol) into the spotlight and accelerate his various ventures.”
Richard Latimer, co-founder of Elon Goat Token, said the sculpture resulted in a lot of heads being turned, photos and questions, playing well with the marketing objective of “just being crazy and out there.”
“We put the idea together over a long night. It was a 3am idea with a long conversation behind it,” Latimer said. “We dedicated the statue to (Elon Musk) because he stepped in for cryptocurrencies at a good point and blew everything up. With all that he’s been doing with (cryptocurrencies) Doge and Baby Doge and a few other coins, we decided why not do the same thing, but really go out there and go further and bring him something.”
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How big is this thing and how much did it cost?
Its creators say the Musk monument cost $600,000 to build.
It sits on the back of a semi-truck and is over 30 feet long, with the goat body, which is on the rocket, taking up most of the length. He is also 20 feet tall and Musk’s head, wearing a Dogecoin necklace, is approximately 6 feet tall. The sculpture also includes features such as simulated rocket launches, smoke, lasers, lighting and music.
What is the plan for the monument?
The crypto firm plans to gift the sculpture to Elon Musk on Saturday, but not without kicking off the handover with a party. On Saturday, Elon Goat Token plans to host “GOATSgiving,” a gathering of Musk and cryptocurrency fans. The event, which starts at 2pm and is open to the public, will take place at the Circuit of the Americas racetrack, where organizers plan to hang out for about three to four hours, play music and bring as many Tesla drivers together as possible. possible.
The sculpture will then be taken to Tesla headquarters. Attendees are also invited to join the trip to Tesla headquarters, which moved to the company’s Southeast Travis County manufacturing facility site last year.
Ashley Sansalone, one of the crypto firm’s founders, told the Statesman, “We’ll deliver it to Elon on the 26th and just hope he takes it.”
Musk has yet to acknowledge knowledge of the statue or say whether he will be in Austin that day.
“In a perfect world, he’d meet us there; we really have no idea. We’re not in communication with him, so we don’t know what he’s thinking. We know there’s a good chance he knows what’s going on,” Sansalone said. But this is very random and off the cuff.”
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What, exactly, is an Elon Goat token?
Cryptocurrency is a type of digital asset that can be used to make payments online and can come in many different forms, each with different values, from Bitcoin to Dogecoin, a type of meme coin that has been a favorite of Musk. The billionaire first gave his bitcoin endorsement in 2021, when he bought $1.5 billion worth of bitcoin through Tesla, though the company sold most of it earlier this year. Musk has since been more interested in Dogecoin, which is based on the Shiba Inu meme, and occasionally tweets about the cryptocurrency.
The team behind the Elon Goat token runs a platform for cryptocurrency users to list their tokens and cryptocurrency. The founders of the company also have an “Elon GOAT Club” collection and NFT. NFT, short for non-fungible token, is a type of collectible digital asset that you can buy and sell. In this case, the company also has goat-themed NFTs for people to buy, sell, and collect.
How did all this come about? How long did it take?
Sansalone said the project began after he was asked to consult an Elon NFT project, which led to the idea of building a physical monument of the Elon GOAT NFT project.
After consulting with a designer in California, they decided it made more sense to put it on a trailer. With the moving statue, Sansalone said it made sense for him to bring it to Musk.
“As soon as he came up with the idea, I just said, ‘Well, let’s leave it with Elon, then if we want to do an Elon Goat on a trailer.’ We’ll just give it to him,” Sansalone said.
The actual construction of the sculpture began about a year ago, and before it arrived in Austin, it toured several states, including Arizona, Washington, and California.
Sansalone said most people who have seen the sculpture in person have had positive reactions, though he acknowledged the statue has received some negative comments online from people who, he said, are “against capitalism or Elon “.
“We started a symbolic project around it and built a community around it. And it’s been a really fun and interesting journey, to say the least,” Sansalone said.
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How did they pay for this?
The $600,000 project was funded primarily through cryptocurrency transaction fees and funding from members of the cryptocurrency community, the company’s founders said.
“The volume of community members buying and selling cryptocurrency goes into a marketing wallet, a developing wallet. And then we paid for that through development and marketing, which is just this idea, essentially,” he said Sansalone. “That’s what’s really the focus of the whole project.”