Users of the social network Twitter can link a crypto wallet to their account in order to stake NFTs (non-fungible tokens) from their collections as a profile picture. To do this, in addition to buying tokens, you need to subscribe to a paid Twitter Blue subscription, which provides access to additional features of the application. In the US, a subscription costs $3 per month, in Russia it is not available.
NFT is positioned as a technology that allows you to confirm the ownership of a digital asset. The first-ever text messages and edits to Wikipedia, web source code, artwork, memes, and virtual trading cards were sold as tokens. Critics of the NFT state the threats to the environment that any operation on the blockchain poses due to energy consumption.
NFT avatars that Twitter Blue followers can post will appear as hexagons, while regular profile photos on the platform are inscribed in circles. Among the supported wallets in video announcement Twitter lists services from Coinbase, Ledger, Rainbow, MetaMask, Trust, and Argent.
The announcement from Twitter coincided with the failure of the OpenSea token sale service, according to the platform’s status page. Twitter users have, as a result, been unable to upload their NFTs, according to Vice.
Earlier today, the Financial Times reported, citing sources, that Meta is working on the ability to display NFTs on Facebook and Instagram profiles. According to the newspaper, the company is also developing the ability to create and sell tokens directly on the platform, and is also considering creating its own NFT marketplace.