NFT traders alert: Post Elon Musk takeover, Twitter quietly rolls out NFT trading feature


  • Elon Musk’s takeover of Twitter has ushered in a new era of crypto and NFT integration on the social media platform. 
  • Twitter announced the beta test of NFT tweet tiles alongside Musk’s $41.39 billion takeover. 
  • Select users are testing the feature in tandem with Magic Eden, Rarible, Dapper Labs and Jump.trade marketplaces on different blockchain protocols. 

Elon Musk, the billionaire CEO of Tesla began his takeover of the social media giant and the platform started testing exciting new NFT features. Twitter rolled out NFT trading integration as a beta test for a select group of users. 

Also read: Cardano price: Key ADA dynamics to watch out as Ethereum-killer climbs higher

Elon Musk’s Twitter now powers NFT trade through new rollout

Elon Musk completed his $41.39 billion acquisition of Twitter and the social media platform rolled out an NFT-trading feature. Twitter announced that it will let users buy, sell and display NFTs directly through tweets in partnership with four key marketplaces: Magic Eden, Rarible, Dapper Labs and Jump.trade. 

The integration is called NFT Tweet Tiles and it displays the artwork of an NFT in a panel within a tweet. A button is included, through which users click through to the marketplace listing. Four specific marketplaces are integrated as partners for the beta test. Creator of the Flow blockchain, Sports-focused Jump.trade and top NFT marketplace platforms Rarible and Magic Eden are actively involved in testing the integration. 

The marketplaces involved in Elon Musk’s Twitter rollout are hosted on several different blockchains like Ethereum, Solana, Flow, Polygon, Tezos and Immutable X. A Twitter representative told Decrypt that the “feature is currently being tested with select Twitter users across iOS and web.” 

Users who are included in the test will see the NFT Tweet Tile integration and unlike popular belief, a premium subscription is not required to use the feature. 

Twitter has supported crypto and NFTs since 2021, through the integration of Bitcoin and Ethereum for tipping content creators on the platform and support for verified NFT profile pictures. It is important to note that only Ethereum NFTs are supported as of now by the social media platform. 


Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Join Telegram

Recommended content


Recommended Content

Editors’ Picks

Coinbase lists WIF perpetual futures contract as it unveils plans for Aevo, Ethena, and Etherfi

Coinbase lists WIF perpetual futures contract as it unveils plans for Aevo, Ethena, and Etherfi

Dogwifhat perpetual futures began trading on Coinbase International Exchange and Coinbase Advanced on Thursday. However, the futures contract failed to trigger a rally for the popular meme coin.

More Cryptocurrencies News

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe looks to bring back crypto payments as stablecoin market cap hits all-time high

Stripe announced on Thursday that it would add support for USDC stablecoin, as the stablecoin market exploded in March, according to reports by Cryptocompare.

More Cryptocurrencies News

Ethereum cancels rally expectations as Consensys sues SEC over ETH security status

Ethereum cancels rally expectations as Consensys sues SEC over ETH security status

Ethereum (ETH) appears to have returned to its consolidating move on Thursday, canceling rally expectations. This comes after Consensys filed a lawsuit against the Securities & Exchange Commission (SEC) and insider sources informing Reuters of the unlikelihood of a spot ETH ETF approval in May.

More Ethereum News

FBI cautions against non-KYC Bitcoin and crypto money transmitting services as SEC goes after MetaMask

FBI cautions against non-KYC Bitcoin and crypto money transmitting services as SEC goes after MetaMask

US Federal Bureau of Investigations (FBI) has issued a caution to Bitcoiners and cryptocurrency market enthusiasts, coming on the same day as when the US Securities and Exchange Commission (SEC) is on the receiving end of a lawsuit, with a new player adding to the list of parties calling for the regulator to restrain its hand.

More Cryptocurrencies News

Bitcoin: BTC post-halving rally could be partially priced in Premium

Bitcoin: BTC post-halving rally could be partially priced in

Bitcoin (BTC) price briefly slipped below the $60,000 level for the last three days, attracting buyers in this area as the fourth BTC halving is due in a few hours. Is the halving priced in for Bitcoin? Or will the pioneer crypto note more gains in the coming days? 

Read full analysis

BTC

ETH

XRP