Meta plans to launch its new Twitter rival, Threads, on July 6, only days after Twitter’s “rate limit” debacle, which has temporarily capped how many posts users can read daily.The platform, which is heavily tied to the photo and video-sharing social network Instagram, is expected to be released on Thursday, according to a Meta-launched countdown site. Threads has also appeared for pre-order on Apple’s App Store, with an expected release date of July 6.Screenshot of Threads’ listing on the Apple App Store. Source: AppleDespite an arguably well-timed launch, the app appears to have seen limited fanfare, at least from Twitter’s avid crypto community. Concerns have been raised around data mining and privacy issues, as well as a lack of confidence that the standalone app would survive. Crypto Twitter influencer Tiffany Fong, who has 66,600 followers on the platform, told Cointelegraph she hadn’t even heard of Threads until now, stating, “I have no clue what the Meta alternative is.” Fong has an active Instagram account with 10,400 followers. Meanwhile, an ongoing Twitter poll from crypto influencer Kyle Chassé, a self-proclaimed “Bitcoin and crypto OG,” has seen over 87% of the 125 respondents signal support for “Team Twitter” over “Team Meta.” META
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Meta's Twitter rival Threads to launch July 6, but will the crypto community budge?
