With the goal to “Impact” the Social Media Experience, Twitter Introduces “NFT Tweet Tiles”

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Last Updated on October 30, 2022 by Bitfinsider

The development team for Twitter announced that the company plans to launch NFT Tweet Tiles feature. This comes shortly after Elon Musk assumed control of the social media platform. The Twitter account @twitterdev stated, “Now testing: NFT Tweet Tiles.” “Some links to NFTs on Rarible, Magic Eden, Dapper Labs, and Jump.trade now show a larger picture of the NFT alongside details like the title and creator. One more step in our journey to let developers impact the Tweet experience.”

The NFT Tweet Tiles include an image of the digital collectible along with the name of the non-fungible token’s inventor and its title. Twitter’s new functionality will support Ethereum, Immutable X, Flow, Polygon, Solana, and Tezos in addition to the marketplaces that are already supported. Since last year, Twitter has started embracing blockchain and cryptocurrency technologies. Twitter’s “Tips” function, which enables users to tip their favorite accounts with bitcoin or actual money, was launched on September 23, 2021.

Twitter launched its NFT verification function in January 2022, enabling Twitter Blue paying customers to upload their NFTs as a profile picture. The Web3 wallets Metamask, Argent, Coinbase Wallet, Trust Wallet, Ledger Live, and Rainbow are compatible with the NFT authentication and profile tool. Twitter is not the only social media company utilizing blockchain platforms; Meta has implemented cross-post NFTs on Facebook and Instagram.

The hexagonal logo and NFT verification method of Twitter appear to be expanded by the company’s new NFT Tweet Tiles. NFT sales have decreased dramatically over the past 12 months, and 30-day statistics show that they are down 22.01% from the previous month. All-time sales reached $40 billion this month after $423.91 million in NFT settlements during the previous month.

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