Twitter Introduces Tweet Tiles for NFTs
The social media company Twitter plans to launch a new feature called "NFT Tweet Tiles," with a separate panel within a tweet that showcases non-fungible tokens (NFTs). The new NFT concept is expected soon to "impact the Tweet experience," Twitter developers explained on Oct. 27.
Twitter Developers Reveal ‘NFT Tweet Tiles’
After Elon Musk officially took over Twitter, the
social media company’s development team tweeted that the firm aims to introduce
a feature called NFT Tweet Tiles soon. "Now testing: NFT Tweet
Tiles," the account @twitterdev tweeted. "Some
links to NFTs on [Rarible], [Magic Eden], [Dapper Labs], and [Jump.trade] will
now show you 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 share the title of the non-fungible token
and its creator’s name alongside an image of the digital collectible. Twitter’s
new feature will support Ethereum, Immutable X, Flow, Polygon, Solana, and
Tezos. Twitter has been moving toward cryptocurrency and blockchain solutions
since last year. On Sept. 23, 2021, Twitter started to roll out the
company’s "Tips" feature, which allows users to tip their favorite
accounts with bitcoin or cash tips.
Twitter rolled out the social media platform’s NFT verification
tool on Jan. 2022, which allows Twitter Blue paid subscribers to upload their
NFTs as profile pictures. The NFT authentication and profile tools work with
the Web3 wallets Metamask, Argent, Coinbase Wallet, Trust Wallet, Ledger Live,
and Rainbow. However, Twitter is not the only social media company working with
blockchain technology. Meta has applied cross-post NFTs on
Instagram and Facebook.
Twitter’s new NFT Tweet Tiles seem to extend the company’s
hexagon logo and NFT verification system. During the last 12 months, NFT sales
have fallen significantly, and 30-day statistics indicate that NFT sales volume
is down 22.01% from the previous month. During the last month, USD 423.91
million in NFT sales were settled, and all-time sales crossed the USD 40
billion mark this month.
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