Paid subscribers of X (formerly Twitter) can no longer set an NFT as a profile picture. This quiet removal comes after the company’s owner Elon Musk shared X‘s plans for 2024.
Launched under previous management in January 2022, Twitter Blue subscribers were allowed to set NFTs minted on Ethereum as profile pictures. Users could click the profile picture for more details on the collection of the NFT, the contract address, TokenID, and the app on which the NFT was minted.
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All descriptions on the NFT profile pictures have been removed from X’s support page, TechCrunch reported. Those with an NFT profile picture still have hexagonal avatars. It remains unclear whether or not those will be removed.
Allowing users to create a brand or collecting experience—what was once considered the future of NFTs—has been slowly falling out of favor online. Meta, the parent company of Instagram and Facebook, for example, shut down support for NFTs in March last year.
It remains unclear what will be the fate of NFTs. Though the market has recovered with trade volumes above $1.6 billion over the last few months, the value of some high-priced tokens like Bored Ape Yacht Club (BAYC) have rapidly decreased since its peak.
Source: artnews.com