Hopping on to the NFT bandwagon, Twitter has announced that it will now allow the use of NFTs as profile pictures. Its latest premium service, called Twitter Blue, connects users’ Twitter accounts to popular crypto wallets like Metamask, CoinBase Wallet, and Ledger Live, allowing them to upload their digital art directly. Twitter is also attributing a “soft hexagon” shape around these NFTs to separate the “regular” profiles from the NFT ones.
The move came after the social media giant unveiled its latest division, Twitter Crypto, last November to focus on “crypto, blockchains, and other decentralized technologies.” Many say this feature outlines the positive attitude of the company towards decentralization, especially after the departure of former CEO Jack Dorsey, a vociferous Bitcoin supporter.
Not all’s hunky-dory
While most crypto enthusiasts are celebrating the adoption, others are cynical. Since the app allows users to upload NFTs from their wallets directly to their profile pictures, owners of high-end NFTs – from special clubs like the Bored Ape Yacht Club or CryptoPunks – don’t have a way to prove that they’re the original owners.
Anyone could right-click on these pictures, download the image, mint it, and upload it to their profiles without consequences.
Non-fungibility is the entire point of NFTs, and many users have made clear how important a verification mechanism is to them. While some from the Twitter team have come out in support of the status quo, the actual owners themselves are hardly convinced.
Elon Musk “annoyed”
Amidst all of this chaos between NFT supporters and Twitter’s development team, Elon Musk has managed to air an altogether different issue to his 70 million followers.
His recent Tweet said he was “annoyed” that Twitter was using its engineering resources for this “while crypto scammers are throwing a spambot block party in every thread!?”
Long Story Short
Although Twitter taking a stance on NFTs is appreciated by most people, actual users think they could’ve done a better job at the execution. Maybe they still will.
Until then, this feature is only available to iOS devices, and to people who subscribe to Twitter Blue at a $2.99 monthly fee.
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
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