Twitter Announces New Feature ‘NFT Tweet Tiles’

It’s a hectic, non-stop week for Twitter, as the social media platform counts down its final days as a publicly traded company on the heels of its Elon Musk-led takeover. However, the platform’s development team is apparently still going full steam ahead, announcing a new feature in testing around NFTs on Thursday.

Let’s take a look at the new feature and what it looks like for NFT enthusiasts.

Twitter’s “NFT Tiles”

The announcement came via the platform’s official developer account, and specified that major NFT marketplaces and platforms, including Magic Eden, Rarible, Dapper Labs and Jump.trade, would be used to launch:

Now testing: NFT Tweet Tiles 🚀

Some links to NFTs on @rarible, @MagicEden, @dapperlabs and @Jumptradeft will now show you a larger image of the NFT along with details such as the title and creator. Another step in our journey to allow developers to influence the Tweet experience. pic.twitter.com/AkBisciB1i

— Twitter Dev (@TwitterDev) 27 October 2022

The small product tweak will likely be a nice aesthetic addition for those interested in NFTs at all levels, and will allow a little more versatility in the development and advertising of NFT platforms. However, as many users noted in their responses, it was interesting to see the largest NFT marketplace, OpenSea, not included in the list.

Elsewhere in the Twittersphere on Thursday, Elon Musk reportedly asked Tesla engineers to meet with Twitter product managers to “review the code,” and photos of Musk touring Twitter’s Bay Area headquarters have been a hot topic on the platform .

Twitter (TWTR) is in it's final hours of being publicly listed on the NYSE, but has performed well in it's closing bow. The social media platform is being acquired by Elon Musk. | Source: NYSE:TWTR on TradingView.com

The social condition

Aside from the aforementioned product meeting with Tesla engineers, it’s been a wild week for Twitter. The platform will no longer be on the New York Stock Exchange tomorrow, and the ripple effects have been particularly interesting; Musk’s shutdown has fueled speculation (and subsequent volume and price movement) surrounding DOGE and SHIB, and rumors of a crypto wallet product from the social media platform have also entered the mix in recent days.

Elsewhere in the wave of social media madness, Meta recorded a multi-billion dollar loss from their ‘Reality Labs’ division focused on VR, AR and metaverse initiatives. Reddit’s NFT-based ‘Collectible Avatars’ have found unexpected success. And Telegram announced a new venture with the TON Network to auction off username handles.

It’s been a rapid fire October for social networks with no slowdown in sight; expect more headlines as the action unfolds around Twitter’s new ownership development.

Featured image from Pixabay, Charts from TradingView.com

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