Jack Dorsey says “No” to ETH, but Twitter Shows Interest With its Free NFTs Displayed on Rarible
Twitter co-founder and chief executive officer Jack Dorsey is a Bitcoiner who sees the leading cryptocurrency becoming the currency of the internet in the future. While a complete Bitcoin devout, Dorsey has no interest in other cryptocurrencies, as he has emphasized multiple times.
Once again, Dorsey gave an emphatic “No” when the crypto community speculated that the CEO of payments app Square might be looking into more cryptos, and it’s “Only a matter of time before he buys in to ETH.”
The community made this deduction after Dorsey tweeted HamsterCoin with a ‘greater than’ sign in response to Neeraj Agrawal of CoinCenter, a non-profit focused on cryptocurrency policy issues, tweeted, “Rep Sherman says the biggest threat to ethereum is dogecoin.”
Back in March, Dorsey converted his Ether received for his first-ever tweet that he auctioned as NFT to Bitcoin to make a donation.
While Dorsey doesn't want to consider any cryptocurrency other than Bitcoin, his company Twitter might get involved in the $257 billion cryptocurrency Ether.
jack says he dosnt hold ETH but i guess @Twitter
Twitter's NFTs can be viewed on rarible, and the wallet's first transactions were 2.5 ETH deposit pic.twitter.com/cH09Dw7HH0
— CL (@CL207) July 1, 2021
This week, the social media giant announced that it is giving away 140 non-fungible tokens (NFTs) through marketplace Rarible.
Rarible recently raised $14 million in Series A funding led by venture capital firms Coinfund and Venrock Capital. The company would be using the fresh capital to hire more employees and launch an additional marketplace on the Flow blockchain, which houses dapper Labs’ NBA Top Shot.
In a series of tweets featuring a number of different images, Twitter announced that it is capitalizing on the NFT craze. Nodding to Twitter’s initial 140 character limit, Twitter posted on Wednesday, “140 free NFTs for 140 of you, besties.”
“The NFT convo is HUGE on Twitter — I’m talking over 29M Tweets about NFTs this year alone,” said Bianca Posterli, Head of Social Marketing & Campaigns on Twitter.