March 28, 2024
X Removes Support for NFT Profile Pictures Amid Industry Trends

X Removes Support for NFT Profile Pictures Amid Industry Trends

In a recent update on Tuesday, Elon Musk’s X outlined an ambitious vision for the company in 2024, featuring plans to introduce peer-to-peer payments and additional AI-powered tools. However, amidst the grand announcements, a subtle change caught the attention of Twitter Blue subscribers – the removal of the ability to set NFTs as profile pictures.

Originally introduced in January 2022 under Twitter’s previous management, the feature allowed Twitter Blue subscribers to showcase NFTs minted on the Ethereum blockchain as their profile pictures, presented in distinctive hexagonal shapes. Users could interact with the profile pictures to access details about the NFT, including the collection, contract address, TokenID, and the minting app.

The company’s X Premium support page previously described the feature for Premium subscribers, stating, “After a temporary connection to your crypto wallet that allows you to set up an NFT as your profile picture, your digital asset displays in a special hexagon shape that identifies you as the owner of that NFT.” However, the recent update has removed all mentions of the NFT profile picture feature from the support page.

Users who had previously set NFTs as their profile pictures still retain the hexagonal avatars, but it remains uncertain if X will eventually remove those as well.

The decision to eliminate the NFT profile picture feature doesn’t come as a complete surprise, as other social media platforms, including Instagram and Facebook, have also scaled back their NFT experiments. In March 2023, Meta, the parent company of Facebook, discontinued its support for NFTs.

Despite the recent dip in the value of some high-priced tokens, such as the Bored Ape Yacht Club (BAYC), the NFT market has shown signs of recovery in the last few months. According to NFT aggregator CryptoSlam, trade volumes in the NFT market have surpassed $1.6 billion.

As X pivots towards new ventures and technologies, the removal of the NFT profile picture feature reflects a broader trend in the industry, where social media platforms are reevaluating their engagement with non-fungible tokens. The evolving landscape of the NFT market continues to be a subject of interest and scrutiny, with enthusiasts and industry observers closely monitoring its trajectory.

Image: Freepik

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