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    X removes assist for NFT profile footage

    Latest News

    On Tuesday, Elon Musk’s X wrote a few grand imaginative and prescient for the corporate in 2024, which incorporates launching peer-to-peer funds and extra AI-powered instruments. Amid all this, the corporate silently eliminated a characteristic for paid subscribers. They’re not in a position to set an NFT as a profile image.

    The characteristic was initially launched below Twitter’s earlier administration in January 2022. At the moment, the corporate allowed Twitter Blue subscribers to set NFTs minted on Ethereum (ERC-721 or ERC-1155 tokens) as profile footage, which finally confirmed up as hexagons. Customers may click on/faucet on the profile image to know extra about NFTs together with particulars like a group of the NFT, the contract handle, TokenID, and the app with which it was minted.

    X has now eliminated all descriptions concerning the NFT profile image characteristic from its X Premium assist web page.

    “As a Premium subscriber, you may create a customise [sic] your profile so you may showcase the NFTs you personal in a hex-shaped profile image in your account. After a short lived connection to your crypto pockets that permits you to arrange an NFT as your profile image, your digital asset shows in a particular hexagon form that identifies you because the proprietor of that NFT,” the outline concerning the characteristic learn on the location beforehand (Web Archive hyperlink).

    See also  SBF’s prosecutors emphasize the case will not be about crypto: ‘It’s about lies. It’s about stealing; greed.’

    Individuals who had an NFT set as a profile image nonetheless have hexagonal avatars. It’s not clear if X will finally take away these as properly.

    The removing of the characteristic isn’t very shocking given different social networks have additionally wound down their NFT experiments. In 2022, Instagram and Fb each began experimenting with displaying and posting NFTs. Nevertheless, Meta shut down the assist for NFTs in March 2023.

    Whereas the worth of a number of the high-priced tokens such because the Bored Ape Yacht Membership (BAYC) has plummeted from its peak, the NFT market has proven an indication of restoration in the previous few months with commerce volumes exceeding $1.6 billion in accordance with NFT aggregator CryptoSlam.

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