Twitter Soon Launching In-app ‘Coins’ To Help Creators Make Money – No Crypto Mentioned (yet)

Republished By Plato

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Cointelegraph | Felix Ng | Jan 11, 2023

Many in the community have been hoping that the secret “Twitter Coins” project would involve cryptocurrency in some way after the project was first leaked in early December by tech bloggers Jane Manchun Wong and Nima Owji.

However, newly leaked images of the project’s development shared by Wong and Owji on Jan. 10 are devoid of any mention of crypto or blockchain technology.
Even purchasing Twitter Coins won’t involve crypto payments at this stage. According to Wong, purchasing Twitter’s digital currency will be enabled through fiat using Stripe.

See: Elon’s Vision for a Twitter Payment System (and then Super App)

One of the images is a screenshot of the purported purchasing splash page for Twitter Coins, which explains that the in-app currency will allow users to “support creators who Tweet great content.”
This appears to be in reference to the platform’s “Twitter Awards,” which was also leaked by Manchun Wong a week earlier, on Jan. 5.
- According to a tweet by Wong, awards such as “Mind Blown,” “Bravo” and “Super Like” can be sent to content creators on the platform — at a cost denominated in Twitter Coins.

“Coins allow you to support creators who Tweet great content. Unused coins are kept in your balance.” pic.twitter.com/ksNu75mI2r

— Nima Owji (@nima_owji) January 10, 2023

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