Twitter may release its own crypto wallet

Twitter may release its own crypto wallet

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by dapp_writer005

4 years ago

Technical analyst Jane Manchun Wong noted that the Twitter team has been actively developing its own cryptocurrency wallet. Earlier, the founder of the social network, Jack Dorsey, has already noted the importance of digital currencies for the development of projects.

Currently, Twitter supports donations in the form of BTC and ETH. Also, it is worth noting an innovation that allows you to put NFT pictures on avatars. Users can publicly display their unique tokens now. To do this, you need to link a wallet to your Twitter profile and pass verification. The demonstration of NFT in accounts was also added by Meta on the Facebook and Instagram platforms.

It is possible that the work on a crypto wallet will be the second step for Twitter in immersing the world with tokens.

Wong believes that the crypto wallet will support classic operations - deposit and withdrawal of assets. This will allow the creation of an NFT store in the future. In this case, Twitter will receive a percentage of the income from the fees for issuing unique tokens. Also, NFTs can be combined with advertising to create exclusive products and distribute them to token holders.

Previously, news appeared that food corporations are expanding through NFT and Metaverse.

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