X (Twitter) ends support for NFT profile pictures
Do you still remember NFTs? X (formerly Twitter) has decided to do away with profile pictures with non-fungible tokens. The feature has been around since before Elon Musk bought the social network, and was exclusive to paid subscribers of the platform.
Launched as a feature of the old Twitter Blue, owners of Ethereum-based NFTs were able to display the digital artwork as their profile picture. The social network differentiated NFTs from conventional images, as the avatar was in a hexagon format.
The feature didn’t last long. All mentions of NFT support as a profile picture have been removed from X Premium support pages.
At least for now, the measure doesn’t seem to affect X profiles that already had NFTs as their profile picture. The digital art continues to be displayed as a hexagon, and the other users of the social network continue to view the avatar in a different way.
On Twitter, NFTs have made some splashes, especially with illustrations of monkeys from the Bored Ape Yacht Club. Several celebrities have purchased these NFTs, including Neymar, Justin Bieber, and Post Malone.
According to NFT Stats, the average price of a Bored Ape Yacht Club digital artwork is $59,500 over the past seven days. The complete collection has more than 10 thousand distinct NFTs.
NFTs are removed after disclosure of X plans
The removal of support for NFTs came shortly after X released plans for the year 2024. One of the highlights is the use of artificial intelligence to improve the advertising system, which will better understand customers, improve search and enhance ads.
Artificial intelligence will also be used to suggest content to users, with a new feature to find similar posts. X Premium will also include access to Grok, an AI to compete with ChatGPT.
In addition, Musk’s social network will launch a peer-to-peer payment system. It is not known when (or if) the resource will arrive in other nations, but X is working to obtain financial operating licenses in several regions of the United States.