Twitter accelerates again with Bitcoin tips, NFTs, recorded Spaces, creator fund and more – TechCrunch

Twitter’s slate of recent product bulletins isn’t slowing down. The firm right now launched various new initiatives aimed toward higher serving the conversations and group utilizing its platform, together with help for tipping with crypto, NFT authentication, and plans for different experiments designed to supply more context a couple of dialog to these simply becoming a member of in. The firm additionally mentioned it’s getting ready to launch its personal creator fund in just a few weeks to supply audio creators with entry to monetary, technical, and advertising and marketing help.

While Twitter was not but able to particulars specifics just like the fund dimension or anticipated attain, by way of creator members, it’s a transparent shot throughout the bow of a high competitor in social audio, Clubhouse, whose personal creator “accelerator” provided to attach its members with model offers or $5,000 monthly throughout their participation in its program.

Similarly, Twitter views its creator fund as one not aimed toward rewarding creators for the content material they produce — like some rival funds operating throughout Facebook, Instagram, Snap, and elsewhere — however slightly at serving to creators get began with audio productions on Twitter Spaces.

Spaces Recording and Replay

“The goal of it really is to provide that technical and marketing expertise,” famous Twitter Product Lead for Creator Monetization, Esther Crawford. “We think of it as kind of a stopgap solution. We want to onboard these folks into other long-term monetization features. But we want to give them an initial boost,” she mentioned.

Spaces hosts may even have the ability to file and replay their packages — a transfer doubtless meant to counteract the specter of competitive platforms which tout recording as a key differentiator. This will launch in a “few months,” the corporate mentioned.

Twitter additionally right now introduced just a few new merchandise and expansions to just lately launched options.

One of those is a brand new function that may enable its app to higher serve creators working with NFTs, or non-fungible tokens — a solution to certify digital property, saved on the blockchain. Artists are actually creating NFTs of their work that are bought throughout NFT marketplaces like OpenSea, Rarible, Foundation, SuperUncommon, and others.

Twitter NFTs

Twitter says it’s planning to “soon” discover help for NFT authentication. This would enable NFT creators to attach their crypto wallets to Twitter, in an effort to observe and showcase their NFTs on the platform. This explicit plan continues to be within the early levels as Twitter couldn’t but articulate how this is able to work. The firm mentioned it was testing totally different concepts for making creators with authenticated collections stand out more visually in some way — maybe with one thing like a profile badge or differently-shaped avatar.

When pressed for additional particulars on its broader NFT roadmap, Twitter declined to remark.

Another new function within the crypto area is help for Bitcoin tipping. Twitter first introduced its “Tip Jar” feature in May as a beta product, permitting customers to ship and obtain one-time funds by way of third-party providers like PayPal, Venmo, Patreon, Cash App, Bandcamp, and others. Now the function will broaden to international audiences on iOS with Android coming quickly, and will add help for tipping with Bitcoin.

There shall be a few methods Bitcoin suggestions can work. Users will have the ability to add a Bitcoin Lightning pockets or their Bitcoin handle in an effort to begin receiving Bitcoin suggestions. Lightning wallets are common amongst customers within the crypto group because of their decrease transaction charges, the corporate mentioned. Twitter’s implementation of this makes use of Strike, a funds software constructed on the Bitcoin Lightning Network that enables folks to ship and obtain Bitcoin free and immediately, it mentioned.

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In reality, Twitter CEO Jack Dorsey this summer season tweeted that it was “only a matter of time” earlier than Twitter inbuilt help for the Lightning Network, a layer atop the Bitcoin blockchain, into its platform. At the time, there was some speculation that customers would first see this kind of help in a micropayments product, which has now been confirmed right.

The Tip Jar may even add just a few different providers as effectively, together with GoFundMe.

Another new experiment referred to as “Heads Up” (in the interim), is the primary that can assist to present customers a way of a dialog’s vibe earlier than they wade in.

One of Twitter’s thorniest points is its incapability to assist folks really feel secure sharing their ideas and opinions on its community, which has served as a breeding floor for cancel tradition, and the place armies of trolls can descend on marginalized voices or others they disagree with at any time — like activists, ladies in tech (as was made well-known with the Gamergate scandal), or feminine journalists.

Heads Up 1

In this space, Twitter has labored to create new options like those who allow customers to restrict who can reply to their tweets, which it says has contributed to a decline in abuse stories over the previous 4 weeks.

It’s additionally launched Safety Mode into beta, which presents a kind of automated stage of safety in opposition to harassment throughout a time of heightened abuse. It created a manner for folks to quietly remove followers as a substitute blocking. And right now, Twitter says it’s going to quickly launch a brand new function that can enable customers to remove themselves from a conversation they’re talked about in and is experimenting with a brand new function referred to as “word filters” that may let customers cease abusive tweets that don’t cross the road into being in opposition to Twitter coverage.

Word Filters

Twitter didn’t absolutely clarify the way it will measure a dialog’s vibe within the coming “Heads Up” function, in an effort to warn newcomers concerning the nature of the dialogue. But mentioned it was contemplating leveraging knowledge from its emoji reactions (that are solely now in testing) and reply prompts, which warn customers after they’re about to submit one thing probably offensive.

The firm has been launching new merchandise at an extremely quick clip in latest months, with additions which have included a quickly improved Twitter Spaces audio chat platform, the launch of interest-based “Communities,” creator platform Super Follows, newsletters by way of its acquisition of Revue, tipping, a premium subscription service referred to as Twitter Blue, crowdsourced fact-checking with Birdwatch, new e-commerce options, new profiles and labels, a reopened account verification system, dialog controls, Direct Message improvements, and more.

Today, it provided just a few updates on a handful of those merchandise.

It mentioned it’s engaged on more Spaces discovery instruments that may make it simpler to search out Spaces on the high of the timeline, and elsewhere within the app — a possible reference to the dedicated Spaces tab on mobile. It’s additionally increasing entry to Ticketed Spaces, bettering the invention of newsletters, launching a brand new creator earnings dashboard, and engaged on more account labels — like these manufacturers and those who would assist memorialize the accounts of the deceased — amongst different issues.


Twitter famous, too, the way it plans to deal with moderation inside its Communites function, saying that these interest-based locations would have their very own moderators and norms particular to that group, above and past the Twitter Rules.

“It’s our first step into decentralizing moderation, so that your Twitter is your space,” defined Twitter’s Product Lead for Conversational Safety, Christine Su, including that Communities would divulge heart’s contents to more folks “soon.”

More broadly, Twitter tried to clarify its technique, which is more and more trying like “throw spaghetti at the wall and see what sticks.” In reality, it admitted — to some extent —  it could be doing simply that.

“You’ll keep seeing us push towards this vision through experimentation and iteration,” defined Twitter Head of Consumer Product, Kayvon Beykpour. “You’ll see us share our progress publicly along the way, as we have over the last few years. And you won’t see us stay tied to the things that aren’t working. We’ve done that with Fleets and you’ll continue to see that with other explorations we test out. We believe that if we’re not winding things down every once in a while, then we’re not taking big enough bets,” he mentioned.

Twitter’s bulletins had been detailed this morning at a press briefing and Q&A session, forward of the publication of a few of its news to its company weblog.

Image credit: Twitter 

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