Twitter Lets Subscribers Add NFTs For Profile Pics

With nonfungible tokens (NFTs) showing no signs of slowing down, Twitter  (TWTR) – Get Twitter, Inc. Report is letting paying users show off theirs as profile pictures.

The social media platform launched the NFT Profile Pictures on iOS on Thursday.

Available to those who pay $2.99 a month for a Twitter Blue subscription, NFT Profile Pictures will set NFTs apart from regular profile photos through a hexagonal shape.

“Crypto is a key pillar of Twitter’s future,” Esther Crawford, who has been leading this feature launch for Twitter, told the Wall Street Journal. “We want to support this growing interest among creators to use decentralized apps to manage virtual goods and currencies.” 

Still Don’t Know What An NFT Is?

Now commonly associated with photos but also used for music and video, NFTs are a way of asserting ownership over a piece of online content — a limited number of each one maintains exclusivity and make them popular with investors. Certain popular ones like the Bored Ape Yacht Club can sell for millions of dollars.

As Twitter Blue has currently only launched U.S., Canada, Australia and New Zealand, the NFT feature is also only available in those countries. While Twitter intends to soon bring the feature to Android, it is also only available to Apple  (AAPL) – Get Apple Inc. Report users for the time being. (You will, however, see the swanky profile pictures regardless of subscription status and, or so the company hopes, be motivated to subscribe.)

Why Is Authentication So Important?

While the feature is still very new, crypto fans have already been putting up NFTs on their Twitter accounts. Now, the NFT profile pictures will need to be connected to a cryptocurrency wallet on Argent, Coinbase, Ledger Live, MetaMask, Rainbow or Trust Wallet — by authenticating them, Twitter will prevent the possibility of people posting NFTs they do not own (in the age of screenshots, this can be very easy to do otherwise) or copycats from appearing on the website.

This is a problem that has already started to pop up in the virtual space as NFTs rise in popularity; two separate collections parodying the real Bored Ape Yacht Club have been selling for thousands already. Twitter had first promised to explore ways to authenticate NFTs and launch new ways to use them in September.

“We know that for many people their first experience of NFTs will happen on Twitter with this feature and with the conversations that are taking place on the platform,” Crawford said.

Note: This article have been indexed to our site. We do not claim legitimacy, ownership or copyright of any of the content above. To see the article at original source Click Here

Related Posts
Euro Manganese to Complete Buy Back of 1.2% NSR in Chvaletice Manganese Project thumbnail

Euro Manganese to Complete Buy Back of 1.2% NSR in Chvaletice Manganese Project

Highlights: Euro Manganese to settle the balance of the outstanding amounts due under the Royalty Termination Agreements with payment of US$1.8 million in cash and the issuance of 4,820,109 common shares valued at CAD$2,278,080 (US$1.8 million)VANCOUVER, British Columbia, Jan. 24, 2022 (GLOBE NEWSWIRE) --  Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06)…
Read More
2980_玉米淀粉(fdcecs2301)股吧_东方财富网股吧 thumbnail

2980_玉米淀粉(fdcecs2301)股吧_东方财富网股吧

发表于 2022-01-20 21:13:16 东方财富期货Android版 郑重声明:用户在财富号/股吧/博客社区发表的所有信息(包括但不限于文字、视频、音频、数据及图表)仅代表个人观点,与本网站立场无关,不对您构成任何投资建议,据此操作风险自担。 郑重声明:用户在社区发表的所有资料、言论等仅代表个人观点,与本网站立场无关,不对您构成任何投资建议。用户应基于自己的独立判断,自行决定证券投资并承担相应风险。《东方财富社区管理规定》
Read More
Cryptocurrency scams: Are Australian banks closing the door on crypto? thumbnail

Cryptocurrency scams: Are Australian banks closing the door on crypto?

Crypto exchanges such as Independent Reserve, BTC Markets and, until recently, Binance Australia, have used Zepto and Monoova to allow customers to move Australian dollars from one bank to the crypto exchange’s bank account.But last week, Zepto asked its crypto exchange customers to declare that they have appropriate controls in place to protect the users
Read More
The strength of the dollar: "Bullish" in 2022? thumbnail

The strength of the dollar: “Bullish” in 2022?

En Twitter, leemos cosas que simplemente no tienen sentido. Se venden ideologías que muchos compran. Sin embargo, a partir de cierto punto, hay narrativas que no se ajustan muy bien con la realidad. Muchos se dejan seducir por estos credos. Pero hay muchos puntos ciegos en la propaganda. El dólar, por ejemplo, es un tema…
Read More
Output increase gives industry ‘much-needed boost’ thumbnail

Output increase gives industry ‘much-needed boost’

Clement weather helped the construction industry to grow in May, reversing a three-month decline.Construction output jumped by 1.9 per cent, outpacing growth of 0.4 per cent across the whole UK economy, according to the Office for National Statistics (ONS).Output still slowed overall by 0.7 per cent in the three months to the end of May
Read More
666_Times New Materials (600458) shares it_Oriental Fortune thumbnail

666_Times New Materials (600458) shares it_Oriental Fortune

发表于 2021-12-27 09:42:10 东方财富电脑版 666 郑重声明:用户在财富号/股吧/博客社区发表的所有信息(包括但不限于文字、视频、音频、数据及图表)仅仅代表个人观点,与本网站立场无关,不对您构成任何投资建议,据此操作风险自担。 郑重声明:用户在社区发表的所有资料、言论等仅仅代表个人观点,与本网站立场无关,不对您构成任何投资建议。用户应基于自己的独立判断,自行决定证券投资并承担相应风险。《东方财富社区管理规定》
Read More
Index Of News
Total
0
Share