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Twitter Drops Collection of 140 ETH NFTs on Rarible

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Twitter Drops Collection of 140 ETH NFTs on Rarible

Editor’s note: This article was updated to make it clear that Twitter isn’t selling the tokens; it’s handing them out for free. 

Twitter today released its very own non-fungible tokens (NFTs). It’s handing out the 140 Twitter-themed tokens to users, who can then accept the bids that are racking up on NFT marketplace, Rarible. 

NFTs are unique digital tokens, mostly created via the ETH network, that can represent just about anything online, such as artwork, audio or video content. 

Twitter’s NFTs mostly represent moving images of the company’s logo. One is a computerized image of a stone man sending a tweet. Another is of the word “Twitter” dropping onto a plate in the form of a gelatine desert. 

There are 20 copies of seven of the different NFTs available. That’s 140 NFTs (the number of characters in a tweet) in total. 

The company today changed its bio on Twitter to “dropping NFTs all day.” People have already started making bids for the NFTs on Rarible—with the highest bid at $2,147.94 for one NFT. 

But GIFs of the NFTs are available for free via the social media platform’s Twitter account. “140 free NFTs for 140 of you, besties,” one tweet read. 

Twitter’s crypto-mad CEO, Jack Dorsey, is a big fan of NFTs. In March, he sold his first-ever tweet as an NFT for $2.9 million. 

NFTs were extremely popular earlier this year. In March, one digital artist, Mike Winkelmann (better known as Beeple), sold an image file for $69 million.

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All content in this article is for informational purposes only and in no way serves as investment advice. Investing in cryptocurrencies, commodities and stocks is very risky and can lead to capital losses.

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