Twitter Creates Team Specializing In Crypto And Decentralized Apps

Twitter is known for its ability to give anyone a voice. The social media monster is now taking a new approach to stay on top, and recently have established a dedicated ‘Crypto’ team, led by Tess Rinearson. She explained that the “new team is focused on crypto, blockchains, and other decentralized technologies” within the crypto world. Lets take a look at what Twitter has said thus far, and what they have in store for the future. Related Reading | Bitcoin Back to $64K?, Why This Time The Bulls Have The Winning Edge Twitters Hits The Ground Running Twitter’s team stated: We’re exploring ways to incorporate decentralized technologies into our products and infrastructure. This will be a good way for the company to continue exploring payments and other ways for people creating content to earn crypto, and the “decentralization of social media.” Rinearson pointed out that “Twitter truly ‘gets’ crypto,” referencing the company’s bitcoin tipping and non-fungible token (NFT) projects. “But there’s so much more to explore here,” she added. “As I build out the team, we’ll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto,” she continued, elaborating: First, we’ll be exploring how we can support the growing interest among creators to use decentralized apps [dapps] to manage virtual goods and currencies, and to support their work and communities. In the future, t...