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


Elon Musk, the CEO of Tesla, is just not 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 celebration on each put up, Twitter spends technical sources on this nonsense!”

NFT profile photographs (PFPs) have currently been accessible to Twitter customers. Avatars with hexagonal shapes that present NFT graphics might already be seen on particular person accounts. Based on Twitter, the images are actually 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 not too long ago stole greater than $1 million in bitcoin from a single individual. This downside 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 introduced content material might embrace the non-public 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 to your private monetary loss.

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