Elon Musk Says Twitter Introducing NFT Profile Pictures Is ‘Annoying’

Elon Musk does not look like amused with Twitter’s transfer to let customers have verified non-fungible tokens (NFTs) as profile photos. The SpaceX and Tesla CEO known as the combination “annoying” and recommended Twitter was losing engineering assets on this effort as a substitute of attempting to curb spam exercise on the platform. Twitter lately started rolling out NFT options for its customers, initially permitting its Twitter Blue subscribers on iOS to make use of NFTs as their profile photos. The newest possibility is barely totally different from the standard round-type show image on Twitter. This one has a hexagonal {shape}.

Musk has beforehand prolonged help to blockchain know-how, however he has additionally made public his displeasure when he disliked one thing. His current criticism of Twitter’s NFT transfer is probably going triggered by the rising crypto giveaway scams by individuals who impersonate the Tesla CEO and different notable figures.

The drawback reached the purpose the place Twitter needed to block unverified accounts that modified their names to “Elon Musk” in 2018.

“This is annoying,” mentioned Musk in a tweet on Twitter’s NFT determination.

He adopted it with a proof, “Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread.”

Twitter’s NFT device debut comes months after it allowed customers to ship and obtain Bitcoin. An NFT is a unit of knowledge saved on a digital ledger, known as a blockchain, which can be the underlying know-how for cryptocurrency. As this know-how developed, NFTs got here into prominence. NFTs include certificates which might be used to confirm a digital asset to be distinctive. They can symbolize images, movies, audio clips, and different kinds of digital information.

Musk has typically expressed his acceptance of this rising trade on social media and by way of his electrical automobile firm. In March final 12 months, Musk introduced Tesla would settle for funds in Bitcoin, however reversed that call in May citing environmental considerations. Earlier this month, Tesla began accepting funds in Dogecoin for some merchandise.

Interested in cryptocurrency? We talk about all issues crypto with WazirX CEO Nischal Shetty and WeekendInvesting founder Alok Jain on Orbital, the Gadgets 360 podcast. Orbital is on the market on Apple Podcasts, Google Podcasts, Spotify, Amazon Music and wherever you get your podcasts.

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