Twitter is rolling out a feature that will let some users set NFTs that they own as their profile picture to signal their investment in the emerging digital art space.
NFTs, or"nonfungible tokens," are one-of-a-kind, verifiable digital collectibles, often works of art, that can be traded on the blockchain, the technology that underpins cryptocurrencies like bitcoin. While not exactly new, NFTs have exploded into a lucrative industry over the past year, with digital art works selling for millions of dollars, and artists, celebrities and companies jumping on board to make and sell them.
You asked , so we made it. Now rolling out in Labs: NFT Profile Pictures on iOS pic.twitter.com/HFyspS4cQW — Twitter Blue January 20, 2022 Twitter's announcement comes as social media companies scramble to stake out their place in the growing NFT space. Meta Platforms is reportedly considering launching a marketplace for NFTs on Facebook and Instagram, according to reports from the Information and the Financial Times.Read MoreIt also marks Twitter's latest foray into"decentralized" technologies.
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