Several Twitter users reported that they were able to purchase 150 Twitter coins for $1.99 from February 22. As Kriptokoin.com, we have compiled the claims made by Twitter users for you.
Claims that Twitter coin is on sale
It looks like Twitter has started rolling out the beta version of Twitter coins to certain users. Several Twitter users reported that they have been able to purchase Twitter coins since February 22. Rumors of Twitter issuing its own token started circulating in December 2022.
A Twitter user calling it the ‘Tree of Alpha’ said that 150 Twitter Coin packs are available for sale Wednesday, priced at $1.99. The user added that the only available payment method is Stripe.
Mario Nawfal, CEO of IBC Group, previously said that Twitter coins will allow users to reward Tweets when released. App researcher Nima Owji posted a screenshot of Twitter’s statement regarding its native token. Their money is ‘virtual goods’, according to Twitter. ‘The cryptocurrencies you receive turn into Diamonds that can be cashed out.’
Twitter said its tokens will allow creators to be rewarded by their fans and viewers, creating a passive income channel. But Blockware principal analyst Joe Burnett noted that Twitter rival Nostr’s zaps are “1,000 times better than Twitter coins.” Nostr is a decentralized social media platform where zaps refer to micropayments made using the Bitcoin Lightning Network. Burnett added:
“If Twitter wants to survive the rest of the 21st century, it should become a Nostr client as soon as possible.”
Twitter crypto integration
Known for his code research on Twitter, Wong’s Twitter account was previously suspended shortly after sharing potentially leaked data. Twitter has reportedly been considering integrating cryptocurrency payments and potentially creating its own native currency, according to code extracted from a version of the Twitter Web App by Security Researcher Jane Manchun Wong.
Known for his code research on Twitter, Wong’s Twitter account was suspended shortly after he shared a ‘Twitter Coin’ vector image and a ‘Coins’ section on Twitter’s ‘Tips’ feature. Twitter’s potential integration with cryptocurrency payments and the creation of a native cryptocurrency seems pretty high, as it’s not yet clear whether the team is actively working on this feature. However, Twitter CEO Elon Musk has previously expressed interest in integrating crypto into the platform.