Twitter Creates Crypto Team to Integrate Web3 DApps
Tess Rinearson, who was formerly involved with the Cosmos blockchain, will be leading a new crypto Twitter team.
That team aims to help Twitter integrate Web3 and decentralized applications with its social media platform.
Other projects including Solana, Reddit, and Discord have recently announced crypto social media initiatives.
Share this article
Twitter is assembling a crypto team to explore Web3 applications, according to statements made by an individual within that team.
Web3 Is the Next Step of Twitter’s Crypto Efforts
Jack Dorsey, CEO of Twitter, has long led efforts to incorporate crypto and blockchain technology into the popular social media platform.
Today, it was revealed that the company is expanding to integrate Web3 and decentralized applications with its platform. Tess Rinearson revealed that she has been tapped to lead Twitter’s crypto team.
Her statements did not indicate precisely what her team would be responsible for developing. However, Rinearson wrote that her group will be focused on “crypto, blockchains, and other decentralized technologies—including and going beyond cryptocurrencies.”
She added that the team would work to “support the growing interest among creators to use decentralized apps to manage virtual goods and currencies.” She added that the team would learn from crypto communities on identity, community, and ownership.
Rinearson drew attention to Twitter’s previous crypto efforts such as Bitcoin tipping and NFT support, stating that “Twitter truly gets crypto….but there’s so much more to explore here.”
Rinearson was formerly VP of engineering at Interchain, which is involved in the development of the Cosmos blockchain. She is also involved with Mina, a lightweight blockchain project.
Other Social Media Crypto Initiatives
Rinearson and her team will work with Bluesky, Twitter’s social media decentralization initiative led by former Zcash dev Jay Graber. Rinnearson said that the cooperation between the two teams will “help shape the future of decentralized social media” and “make sure that Twitter stays on the cutting edge of this new landscape.”
The news comes one day after Solana Ventures and Reddit founder Alex Ohanian’s VC firm announced a joint $100 million fund that will promote decentralized social media on the Solana blockchain.
Meanwhile, other social media platforms including Reddit and Discord appear to be pursuing extensive crypto plans, garnering mixed reactions from the public.
Disclaimer: At the time of writing, the author of this feature held BTC, ETH, and several other cryptocurrencies.
Share this article
The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.
Can Solana Support Web3’s Facebook? Its Latest Fund Is Betting $100M…
Alexis Ohanian’s firm Seven Seven Six has partnered with Solana Ventures on a $100 million initiative to develop decentralized Web3 social media projects. Reddit Co-Founder Funds Solana Web3 Solana just…
How Bumper’s Price Protection Helps DeFi Users Earn Yield on Their A…
Is it possible to build a DeFi protocol that counters crypto’s inherent volatility while also letting holders enjoy the upshot of their assets? Bumper Finance is a DeFi price-protection protocol that aims…
Twitter Introduces Bitcoin Tipping for All Users
Twitter announced in a blog post today that its users are now able to send tips via the Bitcoin blockchain. Twitter Adds Bitcoin Tips Twitter’s cryptocurrency tipping service allows users…
Twitter Dev Shares Site’s Upcoming NFT Features
Mada Aflak, senior software engineer at Twitter, has shared a feature that allows users to set NFTs as their profile picture. Developer Demonstrates NFT Feature As promised, here is the…