Twitter Adds a New Functionality for Buying and Selling Non-Fungible Token Assets Via Tweets
After Twitter just launched its own cryptocurrency called “TWTR,” Elon Musk reportedly told employees he wanted to fire everyone so he wouldn’t owe them any severance packages if the company went under. He then reportedly fired several high-level executives, including COO Anthony Noto, who was responsible for Twitter’s crypto efforts.
Twitter will display a Buy/Sell tab for its own collectible items, which will be used by third parties to facilitate NFTs.
The social networking site that was recently purchased by Elon Musk will be partnering up with four different blockchain platforms. Tweets from people who have products listed on these platforms can be displayed on their profiles without any hassle.
The feature is known as the “NFT Tweets,” which will allow people to view listings from various markets on Twitter. These NFTs will be displayed on a designated section within tweets. Users will easily see the button to go directly to the listing and see everything without any hassle.
And yet, this new Twitter feature has not been fully released, and only works for four companies at this time—Magic Eden Solana-based eCommerce marketplaces, Rarible multiplatform NFT marketplaces, Dapper Labs, a blockchain gaming company, and Jump.Trade, a sports betting platform.
Twitter announced the test version of its new feature last month.
According to a report by Decrypt, an employee at the company confirmed that the NFT Tweet Tile is blockchain agnostic, meaning that any network is supported as long as the link is from one of the four major partner market places.