Dear Bankless Nation,
Earlier this week TechCrunch broke a story about Twitterās updated product suite and on center stage was their upcoming NFT authentication feature.
Twitter is adding the ability to track & showcase NFTs. š¤Æ
NFTs authentication means no one can right-click save and fake an NFT.
From the articleā¦
Twitter says itās planning to āsoonā explore support for NFT authentication. This would allow NFT creators to connect their crypto wallets to Twitter, in order to track and showcase their NFTs on the platform.
With this yearās most recent NFT mania Twitter is just giving users what they want. Users want the ability to flex their NFTs.
I expected this would happenā¦
But I did not expect it to happen so soon.
Though details are sparse, we know what this means for crypto adoption. Legitimization, awareness, and normalization.
This is the beginning of a Web3 space race. š
Twitter is just the first in a long line of social media platforms thatās helping crypto cross the chasm. Theyāre leading the way with NFT support and BTC tipping.
You know what happens next.
Competition among social media platforms for the best Web 3 features will ramp up. YouTube? TikTok? Facebook? Instagram? The metaverse will consume them all.
Right-click savers beware.
The social media platforms have joined the Web3 space race.
Hereās whatās lined up for next week:
- Podcast episode with Arianna Simpson, a general partner at a16z! (early release)
- Weāll show you how to earn a fixed yield on BarnBridge.
- Ben dives deep on $RGT.
See you then.
- RSA