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Twitter cryptocurrency

Октябрь 2, 2012
Volmaran
4 comments

twitter cryptocurrency

Elon Musk will acquire popular social media platform Twitter for $ billion. The Tesla and SpaceX CEO has long used the platform to promote crypto. Best Twitter Crypto – Cryptocurrency Trending on Twitter Social Media platform Twitter is a favorite among crypto projects and prominent. Twitter and Cryptocurrency are on fire in Keep yourself updated by following these top crypto influencers on Twitter. FOREX TRADER PRAHA

The NFT profile picture was a clear example of that. How do all these things—these two things and possibly other crypto features coming further down the line—really help Twitter's bottom line? Crawford: With creator monetization our goal was to help creators get paid, not Twitter. But Twitter takes a really small cut of earnings. For more successful creators, we take a larger percentage. The way we think about this is, it is part of our revenue diversification.

Twitter today is a wholly ad-based business. In the future we imagine Twitter making money from a variety of different product areas. We really think that revenue diversification sits across a variety of areas, and creator monetization is one really small component of that.

As you said, these are just early experiments. Where is Twitter Crypto going next? Rinearson: The real trick here is to find the right parts of Twitter to decentralize, and to not try to decentralize everything at once—or, you know, make every user suddenly responsible for taking care of some private keys or something like that. Only time will tell what Musk has in store for the community, the company, and more.

The deal is still pending regulatory approval. The market has been bearish for more than a year since Musk first revealed Tesla would be buying BTC. Then it was he who cast the first stone and kicked off the bearish phase in stocks and crypto.

What if it is now he who kicks off the next bullish impulse? The US stock market pictured above saw among its largest single-day turnarounds in some time. Please note: Content is educational and should not be considered investment advice. For updates and exclusive offers enter your email.

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Twitter Crypto, Creator Features, and More

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In the future we imagine Twitter making money from a variety of different product areas. We really think that revenue diversification sits across a variety of areas, and creator monetization is one really small component of that. As you said, these are just early experiments. Where is Twitter Crypto going next? Rinearson: The real trick here is to find the right parts of Twitter to decentralize, and to not try to decentralize everything at once—or, you know, make every user suddenly responsible for taking care of some private keys or something like that.

We have to find the right ways to open up some access to a decentralized economic layer, or give people ways that they can take their identity with them, without relying on a single centralized service. We're really early in these explorations, and even looking at things like Bitcoin tipping or the NFT profile pictures—we view those features as experiments themselves in a lot of ways and learning experiences.

We're learning things about how our users relate to these concepts, what they understand about them, what they find confusing, and what's most useful to them. We really want to try to use this technology to bring utility to people and you know, not just like, sprinkle a little blockchain on it for the sake of it.

So creator monetization is an area that I'm really excited about because I think there's a really clear path forward. But again, we're looking beyond that: We're also looking at using crypto technology in fields like [digital] identity and [digital] ownership space and also figuring out how we can better serve crypto communities on the platform. Is there any synergy there? The first business that's signed on for this feature is social media giant Twitter, which currently uses Stripe to pay creators.

The value of the USDC stablecoin is pegged to the US dollar, which makes the value less volatile than that of other cryptocurrencies, like bitcoin. Twitter will draw on Stripe's cryptocurrency payments feature by offering it as an option to creators who sell premium content to their followers, such as those who receive earnings from Twitter's paid Ticketed Spaces and Super Follows features. Creators can opt to have their payout sent to a digital wallet. Coinbase launches beta version of NFT marketplace Getty Cryptocurrency exchange Coinbase on Wednesday released the beta version of a feature that'll allow users to buy and sell NFTs on its platform.

Coinbase calls the new feature "a Web3 social marketplace for NFTs," which sounds like the exchange may include social media elements in the feature. Getty Images A battle over how and if cryptocurrency mining should be allowed to operate is heating up in New York, according to a Wall Street Journal report. New York lawmakers are considering measures that would place a two-year moratorium on reactivating old fossil-fuel power plants in the state for the purpose of cryptocurrency mining.

Cryptocurrency mining operations are incredibly energy-intensive , so electricity is a big part of miners' overhead. Buying enough electricity to mine cryptocurrency is expensive, and crypto miners need uninterrupted access to power around the clock.

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Twitter Crypto, Creator Features, and More

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