Summary
Twitter, under Elon Musk’s leadership, has quietly removed the option for paid subscribers to set NFTs as their profile pictures. This decision is seen as a setback for the integration of blockchain technology in mainstream platforms and a blow to the digital art and ownership community. The removal of this feature reflects a trend of tech giants like Instagram and Facebook scaling back their NFT initiatives, despite the recent recovery in the NFT market. This move suggests a lack of commitment to embracing digital art and blockchain technology.
Key Points
1) X, under Elon Musk’s leadership, has removed the option for paid subscribers to set NFTs as their profile pictures, which is seen as a setback for the integration of blockchain technology in mainstream platforms.
2) This feature allowed users to display NFTs minted on the Ethereum blockchain as their profile pictures, providing insights into the NFT’s collection and minting details. Its removal is disappointing for the digital art community and reflects a lack of commitment to the recognition of digital art and ownership.
3) This withdrawal follows a trend among social media platforms, including Instagram and Facebook, scaling back their NFT initiatives. Despite the NFT market showing signs of recovery, tech giants seem to be shying away from embracing digital art and blockchain technology.