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Twitter launches hexagon-shaped NFT profile pictures By Reuters
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Twitter launches hexagon-shaped NFT profile pictures By Reuters
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© Reuters. FILE PHOTO: A Twitter logo is seen outside the company’s headquarters in San Francisco, California, U.S., January 11, 2021. REUTERS/Stephen Lam

PALM HIGH (Reuters) – Twitter Inc. (NYSE 🙂 on Thursday announced the launch of a tool through which users can feature non-fungible tokens (NFTs) as profile pictures, tapping into a digital collectibles craze that has exploded over the past year.

The feature, available on iOS to users of the company’s Twitter Blue subscription service, connects their Twitter accounts to crypto wallets where users store NFT holdings.

Twitter displays NFT profile pictures as hexagons, differentiating them from the standard circles available to other users. Tapping on the images will reveal details about the art and its owner.

Like other tech companies, Twitter is rushing to cash in on crypto trends like NFTs, a type of speculative asset that authenticates digital things like images, videos, and landing in virtual worlds.

Last year, the social media platform added features allowing users to send and receive .

NFT sales reached some $25 billion in 2021, according to data from market tracker DappRadar, although there were signs of slowing growth towards the end of the year.

Proponents of “Web3” technologies like NFTs say they decentralize online ownership, creating a way for users to earn money from popular creations, rather than having those benefits accrue primarily to a handful of technology platforms.

Critics dismiss claims of decentralization, noting that many of the services that are fueling adoption of these technologies — like the six crypto wallets supported by Twitter’s NFT product — are backed by a small group of venture capitalists.

In a widely circulated post-launch tweet, security researcher Jane Manchun Wong highlighted one such link, showing how an outage in the OpenSea-backed NFT marketplace temporarily blocked NFTs from loading on Twitter. .

OpenSea did not immediately respond to a request for comment from Reuters.

Twitter launches hexagon-shaped NFT profile pictures By Reuters
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