Elon aXes NFT PFPs
What happened to the NFT profile pictures feature launched by X in January 2022?
The feature became a paid one under the direction of CEO Elon Musk and was discontinued this week.
When did users of the feature notice a change in their profile pictures?
Users discovered the change when they opened the app on Wednesday.
Why was the feature discontinued?
Neither Elon Musk nor X has publicly commented on the reasoning behind the change.
Where did NFT profile pictures become a popular use case, and which collections gained popularity?
PFP NFTs became popular on social media, with collections like Bored Apes and CryptoPunks gaining traction.
What happened to the sales volume of Bitcoin digital art inscriptions despite excitement about spot Bitcoin ETF approval?
Sales volume on Bitcoin digital art inscriptions fell by over 20% this week.
Time for an X post to bid adieu to NFT profile pictures, hasta la vista.