According to social media company Twitter, the company plans to launch a new feature called “NFT Tweet Tiles,” a separate panel within a tweet that showcases non-fungible tokens (NFTs) and markets that list the specific NFT being shared. The new NFT concept is expected to drop soon, in order to “impact the Tweet experience”, Twitter developers explained on October 27..
Twitter Developers Unveil ‘NFT Tweet Tiles’
After Elon Musk officially took over Twitter, the social media development team tweeted that the company intends to remove a feature called NFT Tweet Tiles soon. “Test in progress: 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 image of the NFT with details like title and creator. Another step in our journey to empower developers to impact the Tweet experience.
NFT Tweet Tiles share the title of the non-fungible token and the name of its creator alongside an image of the digital collectible. Among the currently supported markets, Twitter’s new feature will support Ethereum, Immutable X, Flow, Polygon, Solana, and Tezos. Twitter has been moving towards cryptocurrency and blockchain solutions since last year. September 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.
In January 2022, Twitter rolled out the social media platform’s NFT verification tool, which allows paying Twitter Blue subscribers to upload their NFTs as their profile picture. The NFT authentication and profile tool works with Web3 Metamask, Argent, Coinbase Wallet, Trust Wallet, Ledger Live and Rainbow wallets. Twitter is not the only social media company to work with blockchain mediums like Meta has applied Cross NFTs on Instagram and Facebook.
Twitter’s new NFT Tweet Tiles appear to extend the company’s hexagonal logo and NFT verification system. Over the past 12 months, NFT sales have dropped significantly, and 30-day statistics show that NFT sales volume is down 22.01% from the previous month. In the past month, $423.91 million in NFT sales have been settled and all-time sales have crossed the $40 billion mark this month.
What do you think of Twitter’s new NFT Tweet Tiles? Let us know what you think about this topic in the comments section below.
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