Twitter has been buzzing with activity since Elon Musk recently acquired the company for $44 billion. Now it has been confirmed that the platform will enable its users to buy and sell NFTs.
Twitter has been undergoing a trial for its Tweet Tiles format and now plans are afoot to expand upon this. Tiles will now include a selection of NFT marketplaces that allow tweets to feature NFT assets with a button prompt that takes users through to a marketplace listing.
The inclusion of NFT Tweet Tiles is currently in testing, with the marketplaces being set to work across four partners, Rarible, Magic Eden, Dapper Labs and Jump.trade. According to Decrypt it has been confirmed that NFTs on Twitter are Blockchain-agnostic, therefore all networks will be supported as long as the link provided is from one of the partnered marketplaces.
Changes are afoot
The popular social media platform looks to be a changing space in the coming months as Musk has already stated he wishes to change the Twitter Blue subscription model by increasing its price. It has been noted that those who do not choose to buy the subscription will lose their verification ticks. Musk has spoken out about the platform’s large number of bot accounts and states that the new model will help to combat the problem.
Many users disagree and feel that being able to simply purchase verification may lead to more issues. The latest high-profile complaint coming from author Stephen King who balked at a proposed $20 a month fee (only to have Elon Musk personally sound him out on the same deal for $8…)
$20 a month to keep my blue check? Fuck that, they should pay me. If that gets instituted, I’m gone like Enron.
— Stephen King (@StephenKing) October 31, 2022
Back in January, the platform allowed Twitter Blue users to use official NFT artwork as a hexagonal-themed profile picture and while it seems turbulent times may be ahead for the platform in this period of transition, NFTs would appear to be something that will be embraced as part of its future direction.
Paige Cook is a writer with a multi-media background. She has experience covering video games and technology and also has freelance experience in video editing, graphic design, and photography. Paige is a massive fan of the movie industry and loves a good TV show, if she is not watching something interesting then she's probably playing video games or buried in a good book. Her latest addiction is virtual photography and currently spends far too much time taking pretty pictures in games rather than actually finishing them.
