QuickNode Helps Twitter To Make Deeper Advances Into The NFT Sector.

February 8, 2022 - Around 2 mins mins to read

Twitter adopts NFTs with the help of QuickNode

QuickNode Helps Twitter To Make Deeper Advances Into The NFT Sector. — *Twitter*

It was revealed earlier this year that Twitter was bolstering its in-house crypto team by recruiting additional talent in an attempt to bolster its fast developing creator economy as well as examine a variety of innovative areas such as membership tokens, DAOs, and much more.

In keeping with its crypto-centric vision, Twitter recently announced the integration of a non-fungible token (NFT) profile picture function on its TwitterBlue platform, a membership version of the microblogging and social networking service — with the entire operation overseen by QuickNode, a Web3 developer platform that allows users to seamlessly build and scale blockchain-powered applications (dApps).

QuickNode is a project that allows non-crypto, blockchain-focused businesses to build their very own nodes (with a worldwide network of RPC endpoints) across a total of 10+ blockchains — including Solana, Ethereum, Bitcoin, Polygon, and others — with the click of a button. Alexander Nabutovsky, co-founder of QuickNode, expressed his opinion on the aforementioned development, saying:

“While demand for QuickNode’s platform as a provider of blockchain infrastructure continues to take off as more companies look to adopt blockchain as part of their product strategy, we’re excited to partner with platforms such as Twitter to deliver support for features like their recently launched NFT Profile Pictures.”

For context, it is worth mentioning that the NFT industry has expanded tremendously over the previous twelve months, with conservative projections indicating that the sector’s aggregate market valuation could likely surpass $40 billion by 2021.

Furthermore, several studies indicate that this blooming sector will continue to develop at a compound annual growth rate (CAGR) of 39.6% over the next decade.

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