X (Twitter) has officially stopped supporting non-fungible tokens (NFTs) as profile pictures for paid subscribers.
This decision marks a notable change in platform direction. It also has ambitious plans for 2024, including peer-to-peer payments and improved AI-based tools.
X (Twitter) no longer supports NFTs
This feature allows Twitter Blue subscribers to showcase NFTs issued on Ethereum (ERC-721 or ERC-1155 tokens) with a hexagonal profile photo. By clicking or tapping, these unique avatars allow users to learn the following details:
- NFT collection
- contract address
- Token ID
- mint app
Read more: 6 Best NFT Marketplaces to Know About in 2024
However, following a recent update, X removed all mention of this feature from its premium support page, sparking curiosity and speculation among the cryptocurrency community. The previous explanation was, archived Internet sources have detailed the process of connecting a cryptocurrency wallet to set an NFT as your profile picture.
Former Twitter executives unveiled the feature in January 2022. At the time, Elon Musk said it was unnecessary.
“Twitter is spending engineering resources on this bs while cryptocurrency scammers are having a spambot blocking party on every thread!?” musk said.
Interestingly, users who previously set a non-fungible token (NFT) as their profile picture still retain their hexagon avatar. This has left the community confused about the future of NFTs on X.
This move is consistent with a broader trend observed across social networks, where enthusiasm for NFT integration appears to be waning. In a notable parallel, Meta, the parent company of Instagram and Facebook, stopped supporting NFTs in early 2023 after completing its own exploration phase for digital assets.
Read more: How can AI impact NFT and cryptocurrency marketing?
Despite the devaluation of major tokens like Bored Ape Yacht Club (BAYC), the NFT market has shown resilience, with daily trading volume exceeding $25 million.
disclaimer
In compliance with Trust Project guidelines, BeInCrypto is committed to unbiased and transparent reporting. These news articles aim to provide accurate and timely information. However, before making any decisions based on this content, readers are encouraged to check the facts and consult with experts. Our Terms of Use, Privacy Policy and Disclaimer have been updated.