{"id":476191,"date":"2021-11-16T07:17:50","date_gmt":"2021-11-16T07:17:50","guid":{"rendered":"https:\/\/wncen.com\/?p=476191"},"modified":"2021-11-16T07:17:50","modified_gmt":"2021-11-16T07:17:50","slug":"twitter-creates-team-specializing-in-crypto-and-decentralized-apps","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/twitter-creates-team-specializing-in-crypto-and-decentralized-apps\/","title":{"rendered":"Twitter Creates Team Specializing In Crypto And Decentralized Apps"},"content":{"rendered":"<p>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 &#8216;Crypto&#8217; team, led by Tess Rinearson. She explained that the \u201cnew team is focused on crypto, blockchains, and other decentralized technologies&#8221; within the crypto world.<span class=\"Apple-converted-space\"><strong style=\"font-style: italic\">\u00a0<\/strong>Lets take a look at what Twitter has said thus far, and what they have in store for the future.<\/span><\/p>\n<p style=\"text-align: center\"><span class=\"Apple-converted-space\"><a href=\"https:\/\/wncen.com\/news\/bitcoin\/bitcoin-64k-bulls-have-winning-edge\/\"><em><strong>Related <\/strong><\/em><em><strong>Reading | Bitcoin Back to $64K?, Why This Time The Bulls Have The Winning Edge<\/strong><\/em><\/a><\/span><\/p>\n<h1><strong>Twitters Hits The Ground Running\u00a0<\/strong><\/h1>\n<p>Twitter&#8217;s team stated:<\/p>\n<blockquote><p><strong>We\u2019re exploring ways to incorporate decentralized technologies into our products and infrastructure.<\/strong><\/p><\/blockquote>\n<p>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 \u201cdecentralization of social media.\u201d<\/p>\n<p>Rinearson pointed out that \u201cTwitter truly \u2018gets\u2019 crypto,\u201d referencing the company\u2019s bitcoin tipping and non-fungible token (NFT) projects. \u201cBut there\u2019s so much more to explore here,\u201d she added.<\/p>\n<p>\u201cAs I build out the team, we\u2019ll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto,\u201d she continued, elaborating:<\/p>\n<blockquote><p><strong>First, we\u2019ll 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.<\/strong><\/p><\/blockquote>\n<p>In the future, the team will explore \u201chow ideas from crypto communities can help us push the boundaries of what\u2019s possible with identity, community, ownership and more.\u201d<\/p>\n<p>She finished up with this statement:<\/p>\n<blockquote><p><b>Twitter Crypto will underpin all of this work, and serve as a \u2018center of excellence\u2019 for all things blockchain at Twitter. We\u2019ll be hiring for roles in engineering and product.<\/b><\/p><\/blockquote>\n<p>&nbsp;<\/p>\n<div class=\"page\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<div class=\"page\">\n<div class=\"layoutArea\">\n<div class=\"column\">\n<p><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-476444\" src=\"https:\/\/wncen.com\/wp-content\/uploads\/2021\/11\/Screen-Shot-2021-11-15-at-10.16.57-PM.png?resize=712%2C491\" alt=\"\" width=\"712\" height=\"491\"><\/p>\n<pre>         Ethereum is used for most major blockchain transactions. | <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\" target=\"_blank\" rel=\"noopener nofollow\">ETH\/USDT on TradingView.com<\/a><\/pre>\n<p style=\"text-align: center\"><a href=\"https:\/\/wncen.com\/news\/company\/refinable-launches-gaming-initiative-and-sets-aside-150000-to-support-nft-gaming-p2e\/\"><span class=\"Apple-converted-space\"><em><strong>Related <\/strong><\/em><strong><i>Reading  <\/i><\/strong><\/span>Refinable Launches Gaming Initiative and Sets Aside $150,000 to Support NFT Gaming<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<h1><strong>What Else Is Shakin&#8217;<\/strong><\/h1>\n<p>Twitter\u2019s CEO, Jack Dorsey, is a longtime bitcoin supporter. He recently said that his other company, Square Inc., is focused on helping bitcoin become the native currency for the internet. He has outlined a number of initiatives that are focused on helping bitcoin reach a mainstream audience, while at the same time strengthening the network and ecosystem. One of the initiatives, and popular finance app Cash App, generated $1.82 billion of bitcoin revenue and $42 million of bitcoin gross profit during the third quarter of 2021.<\/p>\n<p>Now, Twitter has set up a team to focus on \u201ccrypto, blockchains, NFTs, and other decentralized technologies \u2014 including and going beyond cryptocurrencies. The team will explore how it can \u201csupport the growing interest among creators to use decentralized apps to manage virtual goods and currencies, and to support their work and communities.<\/p>\n<p>This news is huge for the NFT market as many artists will be able to promote on a higher level, and more people will become aware of how none fungible tokens (NFTs<b>)<\/b> work. As Twitter&#8217;s new team steps foot in somewhat familiar territory, it will be good for the crypto community to have a huge powerhouse to back and acknowledge the power of crypto.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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 &#8216;Crypto&#8217; team, led by Tess Rinearson. She explained that the \u201cnew team is focused on crypto, blockchains, and other decentralized technologies&#8221; within the crypto world.\u00a0Lets 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\u00a0 Twitter&#8217;s team stated: We\u2019re 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 \u201cdecentralization of social media.\u201d Rinearson pointed out that \u201cTwitter truly \u2018gets\u2019 crypto,\u201d referencing the company\u2019s bitcoin tipping and non-fungible token (NFT) projects. \u201cBut there\u2019s so much more to explore here,\u201d she added. \u201cAs I build out the team, we\u2019ll be working to figure out what crypto can do for Twitter, as well as what Twitter can do for crypto,\u201d she continued, elaborating: First, we\u2019ll 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, the team will explore \u201chow ideas from crypto communities can help us push the boundaries of what\u2019s possible with identity, community, ownership and more.\u201d She finished up with this statement: Twitter Crypto will underpin all of this work, and serve as a \u2018center of excellence\u2019 for all things blockchain at Twitter. We\u2019ll be hiring for roles in engineering and product. &nbsp; Ethereum is used for most major blockchain transactions. | ETH\/USDT on TradingView.com Related Reading Refinable Launches Gaming Initiative and Sets Aside $150,000 to Support NFT Gaming What Else Is Shakin&#8217; Twitter\u2019s CEO, Jack Dorsey, is a longtime bitcoin supporter. He recently said that his other company, Square Inc., is focused on helping bitcoin become the native currency for the internet. He has outlined a number of initiatives that are focused on helping bitcoin reach a mainstream audience, while at the same time strengthening the network and ecosystem. One of the initiatives, and popular finance app Cash App, generated $1.82 billion of bitcoin revenue and $42 million of bitcoin gross profit during the third quarter of 2021. Now, Twitter has set up a team to focus on \u201ccrypto, blockchains, NFTs, and other decentralized technologies \u2014 including and going beyond cryptocurrencies. The team will explore how it can \u201csupport the growing interest among creators to use decentralized apps to manage virtual goods and currencies, and to support their work and communities. This news is huge for the NFT market as many artists will be able to promote on a higher level, and more people will become aware of how none fungible tokens (NFTs) work. As Twitter&#8217;s new team steps foot in somewhat familiar territory, it will be good for the crypto community to have a huge powerhouse to back and acknowledge the power of crypto. &nbsp;<\/p>\n","protected":false},"author":550,"featured_media":476447,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[428,1020,6664,3160,4257],"class_list":["post-476191","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-blockchain","tag-crypto","tag-newsbtc","tag-twitter"],"acf":[],"yoast_head":"\n<title>Twitter Creates Team Specializing In Crypto And Decentralized Apps<\/title>\n<meta name=\"description\" content=\"Twitter is known for its ability to give anyone a voice. 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