Twitter Removes NFT Features in Elon Musk’s Vision for the Platform
Tech magnate Elon Musk once called adding NFTs to X “annoying” and a waste of engineering resources. Now, social media platform X has removed features and information related to non-fungible tokens (NFTs) as part of Musk’s 2024 vision for the private firm.
Changes for Premium Subscribers
One significant change is that premium subscribers can no longer upload NFTs as their profile photos. This decision has effectively removed NFTs from the platform’s premium features.
The Scrubbing of NFT Content
In addition, X has scrubbed its support page of all content about NFT profile photos. Previously, users could find information on how to use NFTs as avatars on Twitter Blue, the subscription service that allowed hexagonal NFT profile photos.
Musk’s Criticism and Bot Issues
Elon Musk criticized the introduction of NFT profile photos when it was initially implemented. He believed that addressing the bot issue on the platform should have been prioritized instead. Despite his criticism, bots remain an ongoing issue on X under Musk’s leadership.
Uncertainty Surrounding Hexagonal Photos
It is unclear whether X will completely disable hexagonal profile photos featuring blockchain collectibles following the removal of NFT features. The fate of these existing photos remains uncertain.
Cooling Off Hopes for NFT Trading
The decision to remove NFT features has likely dampened expectations for NFT trading on X timelines. Developers had previously hinted at potential NFT trading capabilities after Musk took over the company.
Industry Trends: Social Media Companies and NFTs
X is not the only social media company moving away from NFTs. Facebook and Instagram, under their parent company Meta, also announced similar integrations in the past. However, they ultimately discontinued support for NFTs in March 2023.
Hot Take: Twitter’s Shift Away from NFTs
Twitter’s decision to remove NFT features reflects Elon Musk’s vision for the platform and his prioritization of addressing bot issues. While this may disappoint those who were hopeful for NFT trading on X, it aligns with a broader trend among social media companies moving away from NFT integration.