Twitter’s New CEO Agrawal Thinks The Platform Is The Cynosure Of The Total Internet3 Ecosystem – Here is Why
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- Twitter’s new CEO notes that the site has grow to be indispensable to the increasing World wide web 3 ecosystem.
- He statements that there is significant developer strength remaining channeled into this new subject.
- Twitter has been just one of the most receptive social networks to World wide web 3 technology.
Parag Agrawal, CEO of Twitter thinks World-wide-web 3 has captured the hearts of developers all over the globe and notes the migration of skills. He believes that Twitter has an integral part to participate in in this trend.
Developer Power and World-wide-web 3
In Twitter’s Q4 earnings contact, corporation CEO, Parag Agrawal shared his views on the escalating amounts of migration of builders to World-wide-web 3.. This is the new CEO’s initial earnings contact given that he took about the reins from Jack Dorsey in December following serving as the company’s CTO.
“If you think about the broader crypto ecosystem, which includes cryptocurrency, DeFi initiatives, and all the decentralized technological know-how and apps getting developed on prime of the biggest blockchains, what you notice is this extraordinary volume of developer vitality which is fascinated in solving complications,” reported Agwaral in the course of a Q and A session.
The trend of developer migration to World wide web 3 has picked up steam in new months. Final thirty day period, two Youtube execs resigned from their roles to just take on new places in Website 3 firms. An fundamental topic for these migrations has been the immense potential that blockchain technology possesses and the excitement of exploring uncharted territory.
The CEO also famous that Twitter plays a crucial role in the improvement of the ecosystem. In accordance to Parag, Twitter is the “place wherever this whole ecosystem goes to find out about what’s happening across the ecosystem.” Blockchain fanatics have observed their communities balloon in size on Twitter with the words and phrases crypto and bitcoin becoming outlined about 100 million moments in 2021.
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Twitter’s Relationship With Cryptocurrencies
Aside from getting the melting pot of World-wide-web 3. enthusiasts, Twitter has come to be a pacesetter in the adoption of blockchain engineering. This adoption streak commenced with Jack Dorsey as CEO and has continued nicely into Parag’s tenure as CEO.
In September of 2021, the firm introduced the Bitcoin tipping feature that permitted consumers to incentivize their favored creators on the platform. Next the success of the transfer, Twitter unveiled a crypto group that was headed by Tess Rinearson and has considering the fact that hinted at the growth of a decentralized protocol challenge.
The most up-to-date embrace of World-wide-web 3 technological innovation is the NFT profile image verification that permits buyers to affirm the authenticity of NFTs and enables them to display their NFTs. The new feature is only readily available to end users of Twitter Blue but all cadres of buyers can confirm the originality of the NFT.

 

 
- Twitter’s new CEO notes that the site has grow to be indispensable to the increasing World wide web 3 ecosystem.
- He statements that there is significant developer strength remaining channeled into this new subject.
- Twitter has been just one of the most receptive social networks to World wide web 3 technology.
Parag Agrawal, CEO of Twitter thinks World-wide-web 3 has captured the hearts of developers all over the globe and notes the migration of skills. He believes that Twitter has an integral part to participate in in this trend.
Developer Power and World-wide-web 3
In Twitter’s Q4 earnings contact, corporation CEO, Parag Agrawal shared his views on the escalating amounts of migration of builders to World-wide-web 3.. This is the new CEO’s initial earnings contact given that he took about the reins from Jack Dorsey in December following serving as the company’s CTO.
“If you think about the broader crypto ecosystem, which includes cryptocurrency, DeFi initiatives, and all the decentralized technological know-how and apps getting developed on prime of the biggest blockchains, what you notice is this extraordinary volume of developer vitality which is fascinated in solving complications,” reported Agwaral in the course of a Q and A session.
The trend of developer migration to World wide web 3 has picked up steam in new months. Final thirty day period, two Youtube execs resigned from their roles to just take on new places in Website 3 firms. An fundamental topic for these migrations has been the immense potential that blockchain technology possesses and the excitement of exploring uncharted territory.
The CEO also famous that Twitter plays a crucial role in the improvement of the ecosystem. In accordance to Parag, Twitter is the “place wherever this whole ecosystem goes to find out about what’s happening across the ecosystem.” Blockchain fanatics have observed their communities balloon in size on Twitter with the words and phrases crypto and bitcoin becoming outlined about 100 million moments in 2021.

 

 
Twitter’s Relationship With Cryptocurrencies
Aside from getting the melting pot of World-wide-web 3. enthusiasts, Twitter has come to be a pacesetter in the adoption of blockchain engineering. This adoption streak commenced with Jack Dorsey as CEO and has continued nicely into Parag’s tenure as CEO.
In September of 2021, the firm introduced the Bitcoin tipping feature that permitted consumers to incentivize their favored creators on the platform. Next the success of the transfer, Twitter unveiled a crypto group that was headed by Tess Rinearson and has considering the fact that hinted at the growth of a decentralized protocol challenge.
The most up-to-date embrace of World-wide-web 3 technological innovation is the NFT profile image verification that permits buyers to affirm the authenticity of NFTs and enables them to display their NFTs. The new feature is only readily available to end users of Twitter Blue but all cadres of buyers can confirm the originality of the NFT.