Beezy is back on the blockchain with more NFT music for your brain. Big Blockchain Pimpin Streaming on all digital platforms 3.31.22.Read More
Twitter is introducing a new feature that will allow users to show off their NFTs, or non-fungible tokens — a way to certify digital assets stored on the blockchain. The company is rolling out NFT Profile Pictures to Twitter Blue subscribers on iOS by way of Twitter Blue’s early access Labs feature. Support for Android users and the web will follow. However, while only iOS users will have the ability to set their NFT as their profile picture, everyone on Twitter will be able to see the new hexa-shaped picture no matter what platform they’re currently using, Twitter says.
The Twitter Blue subscription service is not yet globally available, which will limit the adoption of NFT Profile Pictures to the early markets where the offering is now live — the U.S., Canada, Australia and New Zealand.
The company had earlier hinted toward its plans to more fully embrace NFTs, which has become a big topic of conversation on the platform. Many crypto-enthusiasts have also already set their profile picture to a photo of their NFT, as Twitter had not yet offered any official means of authenticating with a user’s crypto wallet and verifying ownership.
A quick smart guide to starting your digital asset collection
From Crypto Bzy Punks to Crypto Monks, NFTs have been the biggest crypto story of 2021. And even though NFT markets aren’t exactly easy to use… buying your first digital collectible isn’t hard — it just takes a little guidance.
Here’s how buying an NFT works:
- You’ll need an Ethereum-compatible crypto wallet and some ETH to get started. Buy some ETH from an exchange like Coinbase and send it to Coinbase Wallet (which is separate from the main Coinbase app; you can download it via Apple’s App Store or Google Play).
- Follow the simple instructions to set up your wallet – which is a place you can keep some of your crypto, a place to send or receive it, and your portal to the growing universe of crypto apps. (You can also download this Chrome extension to connect Coinbase Wallet to a web browser if you’d rather browse NFTs on a computer).
- There are lots of NFT markets, from Rarible to Mintable. For this tutorial we’ll focus on OpenSea — which is the biggest of them all, and works a lot like a decentralized eBay. To connect your wallet to OpenSea, go to OpenSea.io, click on the icon in the top right, and select “My Profile” — you’ll be prompted (and given instructions) to connect your wallet.
- Get browsing! Prices range from essentially free to hundreds of thousands of dollars or more for a rare item. Some items are sold via auction, while others can be snagged immediately via a “buy now” button.
- Even if the NFT is free or cheap, you’ll still have to pay fees to make the transaction happen. Most of the digital collectibles on OpenSea use the Ethereum blockchain, and the network charges a “gas” fee for transactions like NFT sales. Gas prices rise and fall depending on how busy the network is.
- Choose an NFT you like and make sure you have extra ETH to cover fees. Once you buy it, you can access the NFT via your crypto wallet until you decide to sell it.