{"id":8836,"date":"2022-02-27T01:13:20","date_gmt":"2022-02-27T01:13:20","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/twitter-introduces-verified-nft-profile-pics-sets-up-foundation-account\/"},"modified":"2022-02-27T01:13:21","modified_gmt":"2022-02-27T01:13:21","slug":"twitter-introduces-verified-nft-profile-pics-sets-up-foundation-account","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/twitter-introduces-verified-nft-profile-pics-sets-up-foundation-account\/","title":{"rendered":"Twitter Introduces Verified NFT Profile Pics, Sets up Foundation Account"},"content":{"rendered":"
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Source: AdobeStock \/ tashatuvango<\/figcaption><\/figure>\n

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The social media giant Twitter<\/strong> has taken further tentative steps into the world of Ethereum (ETH) and non-fungible tokens (NFTs) \u2013 by moving to allow some users to use verified NFTs as their profile pictures. And the firm has also apparently created an account on the invite-only ethereum-based NFT marketplace Foundation<\/strong>.<\/p>\n

Per an official tweet from the Twitter subscription arm Twitter Blue and a new page<\/a> on its website, users of the service, which costs USD 2.99 per month, will be able to \u201cset an NFT as their profile picture from the Twitter for iOS app\u201d \u2013 which means they must be Apple iPhone users, although this will mean a special \u201cverified\u201d \u201chexagon-shaped profile picture\u201d can be \u201cseen across all platforms.\u201d<\/p>\n

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But the move will be more than just aesthetic. Twitter explained:<\/p>\n

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\u201cSetting up an NFT profile picture means people can associate your Twitter account with your connected wallet\u2019s public crypto wallet address.\u201d<\/p>\n<\/blockquote>\n

The firm warned that this meant such Twitter accounts \u201cwill be associated with your current and historical crypto wallet transactions and holdings, including all other NFTs in that wallet, because this information is all available on the public blockchain.\u201d<\/p>\n

Under the leadership of Twitter\u2019s founder Jack Dorsey, an arch and outspoken bitcoin (BTC) bull, the social media giant generally shied away from the ETH ecosystem. Dorsey has repeatedly insisted that he is \u201cbitcoin-only,\u201d and at times has appeared to bait the ETH community. Dorsey stepped down as the Twitter CEO in November last year.<\/p>\n

But as NFT Twitter profile pics have taken off in the world of Twitter, the company stated that it had received \u201ca lot\u201d of requests to introduce a way to ensure profile images that make use of NFTs can be verified.<\/p>\n

Meanwhile, the firm, which holds ETH tokens, seemingly wants to spend them on digital artwork. The platform seems to have set up an account on Foundation this month, where it has over 360 followers. It is yet to make a purchase on the platform, but made an ETH 0.4 bid on an animated digital art piece on January 20.<\/p>\n

The associated ETH wallet address is the same that the company used to distribute and sell its \u201c140 Collection\u201d of NFTs released in the summer of last year.<\/p>\n

Twitter stated in September 2021 that it was working on ways to let users authenticate and display their NFTs.<\/p>\n

Bloomberg quoted the social media firm as stating that users have made \u201calmost 256 million tweets about NFTs since January 1, 2021,\u201d with \u201cthe vast majority sent by users in the past six months.\u201d<\/p>\n

Meanwhile, Twitter users, such as Ouriel Ohayon, co-founder and CEO of mobile-based crypto wallet ZenGo<\/strong>, have been sharing ways they find Twitter can use to improve their new NFT feature.\u00a0<\/p>\n

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Others reminded that it cost them nothing to add profile pictures.\u00a0<\/p>\n

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And Elon Musk chimed in too:
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<\/strong>
– Metaverse Trends in 2022: Prepare for More Gaming and New Virtual Experiences with NFTs
– NFTs in 2022: From Word of the Year to Mainstream Adoption & New Use Cases<\/p>\n

– Twitter Offers Sneak Peek Behind Upcoming NFT Integration Design
– Twitter Launches Twitter Crypto: Here\u2019s How the Company Got There<\/p>\n

– NFTs Might Reach Facebook & Instagram as Meta Mulls NFT Marketplace – Report
– NFT Infrastructure Moves: OpenSea Acquires Dharma, Coinbase Partners With Mastercard
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(Updated at 11:46 UTC with a tweet fro Elon Musk.)<\/i><\/p>\n<\/p><\/div>\n