Twitter Integrates NFTs With New Profile-Picture Feature
The move signals the company’s first step into the non-fungible token space
source: Photo by Alexander Shatov on Unsplash
- Users have to pay $2.99 per month to utilize this feature via the Twitter Blue subscription service
- Twitter Inc. (TWTR) is trading 1.35% higher at $37.86 per share
Twitter has brought non-fungible token integration to its platform, the social media giant announced on Thursday.
However, users have to pay $2.99 per month via the company’s Twitter Blue subscription service and use an IOS device to utilize the new feature.
Users can link their ether-based wallets to their account and display their digital collectibles as their profile pictures. These wallets include Coinbase Wallet, LedgerLive, MetaMask, Rainbow and Trust Wallet. Profiles with hexagon-shaped pictures have had their NFTs verified with the social media giant.
Twitter did not immediately respond to Blockworks’ request for comment.
“Setting up an NFT profile picture means people can associate your Twitter account with your connected wallet’s public crypto wallet address,” Twitter wrote on its website. “This means your Twitter account will be associated with your current and historical crypto wallet transactions and holdings, including all other NFTs in that wallet, because this information is all available on the public blockchain.”
The move signals the company’s first official step into the non-fungible token space. However, the company made its debut into the cryptocurrency world in September, announcing that users can tip each other using bitcoin via the Lightning Network, Blockworks previously reported.
The news comes on the heels of a Financial Times report about Meta’s alleged NFT plans, which cites several sources saying Meta has discussed launching an NFT marketplace and is developing a feature to allow users to showcase NFTs on their profiles.
Twitter Inc. (TWTR) is trading 1.35% higher at $37.86 per share, at time of publication.
This is a developing story.
Get the news in your inbox. Explore Blockworks newsletters:
- The Breakdown: Decoding crypto and the markets. Daily.
- 0xResearch: Alpha in your inbox. Think like an analyst.
