Elon Musk criticizes Twitter’s NFT Profile Pictures move

Team Tech Outlook — Fri, 21 Jan 2022 11:56:37 +0000

Tesla’s founder & CEO , Elon Musk criticizes Twitter ,a social media platform for the introduction of NFTs. He shared a series of tweets on Friday regarding NFTs.

Musk said ,”This is annoying”. He also shared a screenshot of this introduction .He further added ,”Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?”

Have a look.

Twitter is spending engineering resources on this bs while crypto scammers are throwing a spambot block party in every thread!?

— Elon Musk (@elonmusk) January 21, 2022

Twitter introduced this feature on Thursday, January 20. NFTs or Non- Fungible Tokens are digital pieces of work owned by an individual .NFTs are secured through block chain technology. These can be purchased through crypto currency. These NFT profile pictures are basically a depiction of a character’s face .You can use these PFP NFTs as profile pictures on Twitter or any other social media.

However, on Friday, January 21, Musk disapproved Twitter’s move .Musk tweeted with reference that Twitter is spending its engineering resources for ‘this’ while the Twitter users are asked by the crypto scammers to send them their cryptocurrencies. In return, the scammers promise to multiply their investments.

The post Elon Musk criticizes Twitter’s NFT Profile Pictures move appeared first on The Tech Outlook.

Elon Musk shared new video screenshotting NFTs

Team Tech Outlook — Sun, 16 Jan 2022 05:35:24 +0000

Elon Musk has shared a soundless video in which he has shown his struggle with NFTs.

NFT represents a Non-Fungible Token.

Something that is “fungible” can be traded with a comparable thing – – for instance, a $5 greenback with another $5 note.

https://www.thetechoutlook.com/wp-content/uploads/2022/01/cTftkMypE2UT2XB.mp4

NFTs are advanced things that can be traded utilizing this blockchain innovation. Be that as it may, they are not fungible, making them an alternate sort of resource.

Experts say financial backers are burning through cash on unimportant things, yet allies demand that NFTs are substantially more than computerized knickknacks.

Like cryptographic forms of money, NFTs are traded on particular stages. OpenSea is the most popular NFT commercial center.

Many users have given reactions to his Tweets some claimed that he isn’t as funny as he thinks and some said it would be better if there was audio in that video too.

The post Elon Musk shared new video screenshotting NFTs appeared first on The Tech Outlook.

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Elon Musk criticizes Twitter’s NFT Profile Pictures move

Elon Musk shared new video screenshotting NFTs