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NFT: Twitter adds a feature to allow buying and selling of non-fungible tokens via tweets

Photo by: Souvik Banerjee/Unsplash

Twitter just announced a new feature that will allow users to sell and buy non-fungible tokens (NFTs). It will let them display their NFT marketplace listings, which they posted on some platforms.

Twitter will put a button in the displayed listing so people can easily buy or sell their digital collectibles and assets. The NFT transactions will take place directly on Twitter through tweets.

The social media platform that has been recently acquired by Elon Musk will partner with four NFT marketplaces. Twitter users who have items in the partner marketplaces can easily display their listings by simply tweeting them.

The feature is called the “NFT Tweet Tiles,” and this will integrate the postings on the marketplaces on Twitter. The NFTs being sold will be on display on a designated panel within a tweet. People will easily see the button that will bring them to the listing and see all the items without hassles.

Then again, this new Twitter feature is currently still in the trial phase and only works for four partners at this time which include Magic Eden Solana-centered marketplace, Rarible multi-platform NFT marketplace, Dapper Labs, and Jump.trade sports-centered platform.

Twitter announced the trial run of its new feature last week.

“Now testing: NFT Tweet Tiles some links to NFTs on @rarible, @MagicEden, @dapperlabs and @Jumptradenft will now show you a larger picture of the NFT alongside details like the title and creator,” the company tweeted. “One more step in our journey to let developers impact the Tweet experience.”

While it seems the marketplaces are quite a few, Decrypt explained that collectively, these platforms actually extend to several blockchain networks such as Solana, Polygon, Flow, Ethereum, Tezos, and Immutable X, so it is not really a very limited trial phase for the new Twitter function for non-fungible tokens.

In fact, a representative of the company reportedly confirmed to Decrypt that the NFT Tweet Tiles is blockchain-agnostic, so all networks are actually supported as long as the links are from the four main partner marketplaces.

Photo by: Souvik Banerjee/Unsplash

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