Twitter To Finally Embrace Ethereum And NFT Avatars

Neither the author, Tim Fries, nor this website, The Tokenist, provide financial advice. Please consult our website policy prior to making financial decisions.

It is no longer news that Jack Dorsey, Founder, and CEO of Twitter, has declared himself as a strong Bitcoin proponent. This narrative has played out clearly as the social media giant remains at the forefront of integrating the use of blockchain amongst its peers. This includes what appears to be a softening in stance from the technopreneur’s sentiment towards Ethereum.

Crypto Twitter Clamors for an ETH hashtag

Despite being the second-largest cryptocurrency by market capitalization, Ethereum is yet to have an ETH ticker attached to its Twitter hashtag. The Ethiopian flag was used instead for the ETH hashtag, which led to various reactions from the crypto community. Some have interpreted this move as an effort to spite Ethereum. This feature has been added to Bitcoin and many other altcoins, making it a notable exception.

Twitter users have created different theories around this event. Some commenters accused Jack Dorsey of expressing his contempt towards the Ethereum community. In his defense, others have said that it was just a coincidence. 

This is not the first time that Jack Dorsey has been seen as an Ethereum skeptic. 

Despite benefiting from the Ethereum ecosystem, he has continued to show his unwavering loyalty towards Bitcoin while criticizing Ethereum. This contradictory sweet and sour relationship has left the crypto community wondering if the CEO’s position could change at any point.

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Twitter Unveils NFT Integration

A recent post from Mada Aflak, a software engineer at Twitter, has revealed the social media site is integrating NFTs onto its platform. This feature will allow users to change their avatar into digital artworks from their OpenSea collection.

An interface will enable the connection between the app and the user’s wallet to verify the ownership of a particular NFT before using it as their profile picture. Profiles will carry an Ethereum checkmark, signifying it was selected from an ERC-20 collection.

It is worth stating that this development may have been necessitated by the recent surge in attention towards digital arts. This move could further boost the sales of NFTs as users who would also want to get the checkmark would find more reasons to purchase an NFT avatar.

Some users expressed concerns about verifying the authenticity of original collections. The NFT space is notorious for the presence of bad actors who might want to exploit the system by minting counterfeits.