Elon Musk’s X (Twitter) Waves Goodbye to PFP NFTs

In a caller update, Elon Musk’s “X” (formerly known arsenic Twitter) has discreetly removed the enactment for its paid subscribers to usage illustration representation (PFP) NFTs. 

The societal media platform’s alteration comes amidst a bid of caller initiatives and visions outlined by Musk for the level successful 2024, focusing connected peer-to-peer payments and precocious AI tools instead. 

NFTs Thrive Amidst Social Media Changes

The NFT illustration representation diagnostic was archetypal introduced successful January 2022 nether Twitter’s erstwhile management. It allowed Twitter Blue subscribers to usage Ethereum-minted NFTs (ERC-721 oregon ERC-1155 tokens) arsenic their illustration images, which were displayed successful a distinctive hexagonal shape. 

Users could click oregon pat connected the illustration picture, which allowed them to entree details astir the NFT, including accusation astir its collection, declaration address, TokenID, and the exertion utilized for minting.

However, X has present silently deleted each references to the NFT illustration representation functionality from its X Premium enactment page. The erstwhile statement elaborate however Premium subscribers could temporarily nexus their crypto wallets to acceptable up an NFT arsenic their illustration picture, which would past beryllium showcased successful a hexagon shape, signifying their ownership.

Although individuals presently utilizing NFTs arsenic illustration pictures inactive clasp their hexagonal avatars, it remains to beryllium seen if X plans to signifier retired these arsenic good successful the future.

The removal of this diagnostic by X aligns with a broader inclination among societal networks, arsenic galore person begun to standard backmost their NFT-related features. For instance, Instagram and Facebook experimented with showcasing and posting NFTs successful 2022, but Meta discontinued NFT support successful March 2023.

Despite the downturn successful immoderate high-value tokens similar the Bored Ape Yacht Club, the NFT marketplace has precocious shown signs of resurgence. Trade volumes person surpassed $1.6 billion, arsenic reported by NFT aggregator CryptoSlam, indicating a betterment successful the integer plus market.

Want more? Connect with NFT Plazas

Subscribe to our Newsletter
Join our Discord
Follow america connected Twitter
Like america connected Facebook
Follow america connected Instagram

*All investment/financial opinions expressed by NFT Plazas are from the idiosyncratic probe and acquisition of our tract moderators and are intended arsenic acquisition worldly only. Individuals are required to afloat probe immoderate merchandise anterior to making immoderate benignant of investment.