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Thursday, May 19, 2022
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    HomeBitcoin"This Irritates Me"- Elon Musk Slams Twitter's Integration Of NFTs

    “This Irritates Me”- Elon Musk Slams Twitter’s Integration Of NFTs

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    Elon Musk, the CEO of Tesla, will not be happy with Twitter’s new non-fungible token (NFT) integration. Musk lambasted Twitter in a Friday morning tweet for devoting technical sources to NFT integration whereas failing to do extra to fight spam on the social media platform.

    Musk’s tweet criticizing crypto fraudsters was accompanied by tweets providing pretend giveaways,

    This irritates me,” he wrote. “Whereas crypto fraudsters have a spambot block get together on each publish, Twitter spends technical sources on this nonsense!”

    NFT profile photos (PFPs) have currently been accessible to Twitter customers. Avatars with hexagonal shapes that present NFT graphics could already be seen on particular person accounts. In keeping with Twitter, the images at the moment are a part of a verified assortment on NFT market OpenSea.

    Elon Musk’s Stand Level On Integration

    Musk’s criticism of Twitter’s NFT initiative is probably going since fraud accounts typically imitate Musk and different well-known personalities to advertise cryptocurrency giveaway schemes. One such Musk impostor efficiently stole $2 million from unknowing victims in 2020.

    Scammers posing as MicroStrategy CEO Michael Saylor just lately stole greater than $1 million in bitcoin from a single individual. This drawback isn’t restricted to Twitter; fraudsters use equivalent methods on authorities web sites and varied different social media platforms, together with YouTube. NFT integration on Twitter is presently solely accessible to customers of Twitter Blue, the social media firm’s premium service.

    Disclaimer

    The offered content material could embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability in your private monetary loss.

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