Good news crypto enthusiasts: Twitter is expanding its “Tips” payment options to include Bitcoin, and is working on a new authentication system so users can display their NFTs.
in a Press release, the social media platform announced that as part of the global rollout of its tipping feature, it was also expanding the list of third-party payment services that users could tip.
In particular, this list now includes Strike, a free application that allows people to send and receive Bitcoin.
Twitter also teased a developing NFT authentication system, which would allow users to connect crypto wallets to Twitter accounts to track and display their NFTs.
Authenticated users would receive a visual symbol on their profile, which the company says could be a badge, similar to Twitter’s iconic blue check mark, or even a different avatar shape.
Twitter’s turn to crypto isn’t surprising, given CEO Jack Dorsey’s personal investments and public fascination with things, and a sea change from his previous stance, such as his 2017 decision to ban crypto ads on the platform. .
– jack⚡️ (@jack) September 16, 2021
First announced in May 2021, the ‘Tips’ feature was previously only available to English Twitter users.
However, despite today’s global launch, the tip is still available on iOS only, and Android support is reportedly coming soon.
‘Tips’ is one of several Twitter strategies that aims, in its own words, to “turn followers into fans and fans into funds.”
The funds are intended to support the “creators” of the platform, whom Twitter defines as “people who are driving conversations and want to make a living on social media.”
Other recently announced monetization features include ‘Super Follows’ and ‘Ticketed Spaces’.
Image Credit: Twitter.