Popular microblogging platform, Twitter has officially announced the release of its tipping features for iOS users worldwide — with a bitcoin integration included via the Lightning network.
This is a part of its “turning fans into funds” strategy. This move is also aimed at turning the platform into a hub for creators.
By clicking on the Feature, users would now have to tip creators through third-party services like CashApp, which is operated by Square, a payment company founded by Twitter’s CEO Jack Dorsey.But in an effort to make monetization accessible in places that may not have easy access to fiat, users can also tip in bitcoin.
This week, the crypto market in general had experienced a rocky start to the week, as btc fell to its lowest level, at around $42,000, down more than 10% on last weekend’s highs of around $49k.
Ethereum (ETH) has been following bitcoin closely lately, also dropping around 10% to below $3k for the first time in over a month.
In another development, Twitter announced that is currently experimenting on a feature in the app that would allow users to authenticate and showcase their collections of NFT digital assets on the social network.
Although much details weren’t released by the company or any specifics about this blockchain project, it should be another way to support creators who make digital art..
Besides blockchainTwitter also announced its plans to launch a creator fund for users who host Spaces audio rooms as a way to incentivize more live audio events.