NFT as a profile picture: Twitter is testing new crypto function

Twitter continues to rely on the blockchain. The social network is currently testing a function with which you can use an NFT that you own as a user picture.

Twitter boss Jack Dorsey is an avowed crypto fan. His company recently announced that users will be able to tip each other in the form of Bitcoin in the future. However, this should by no means remain the only blockchain-based application. Dorsey is also impressed by NFT. After all, the multi-billionaire sold the first tweet ever for the equivalent of 2.9 million US dollars as an NFT in early 2021 – and then donated the money.

Instead of just turning tweets into NFT, Twitter apparently wants to bring NFT to the platform in the future. In a video shared by Twitter’s chief marketing officer, a social network developer shows how such an NFT integration could work. The Twitter app could be connected to your own crypto wallet. Users would then have access to all of their NFTs and could use them as a profile picture – provided that the NFT is also a picture. A small icon at the edge of the user picture would then indicate, for example, that the NFT is stored in the Ethereum blockchain.

The market for NFT picked up again in August 2021. In the last week of August there was loud the block around 33,000 active wallets. The NFT sales platform Opensea also posted record sales. There, collectors spent the equivalent of more than $ 3.3 billion on NFT. At the same time, the number of Opensea users also increased. According to estimates by Dune Analytics around 213,000 people have now carried out at least one transaction via the platform. In September, however, NFT sales fell noticeably again.