Twitter appears to have began the beta rollout of its Twitter Cash to sure customers. A number of Twitter customers reported having the ability to purchase Twitter Cash since Feb. 22. Rumors of Twitter releasing its personal token began circulating in December 2022.
Twitter person who goes by ‘Tree of Alpha’ mentioned a pack of 150 Twitter Cash priced at $1.99 grew to become accessible for buy on Wednesday. The one accessible cost technique is Stripe, the person added.
CEO of IBC Group Mario Nawfal beforehand mentioned that Twitter Cash, when launched, would enable customers to reward Tweets.
App researcher Nima Owji posted a screenshot of Twitter’s clarification of its native token. In accordance with Twitter, its cash are “digital items.” It famous, “As you obtain cash they accumulate into Diamonds, which might be cashed out.”
Twitter mentioned that its tokens will enable content material creators to be rewarded by their followers and viewers, and create a channel of passive revenue.
Nonetheless, head analyst at Blockware Joe Burnett famous that Twitter rival Nostr’s zaps are “1,000x higher than Twitter Cash.” Nostr is a decentralized social media platform the place zaps signify micropayments made utilizing Bitcoin’s Lightning Community.
Burnett added:
“Twitter ought to develop into a Nostr consumer ASAP in the event that they want to stay related for the rest of the twenty first century.”
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