Social media network Twitter announced Wednesday on setting up a new team dedicated to crypto and blockchain technology in a move to explore decentralization and currently hiring for roles in engineering and product.
<h2>Twitter Sets Up Dedicated Crypto Team</h2>
In a Twitter thread, Software engineer Tess Rinearson, named as the head of the new division, formerly involved with the Cosmos blockchain outlined her vision for Twitter Crypto, saying it will focus on “crypto, blockchains, and other decentralized technologies including and going beyond cryptocurrencies.”

The team will help the social media network to integrate Web3 and decentralized applications with its social media platform and will work closely with Bluesky, a Twitter team devoted to building a decentralized social network protocol.

In addition, the team will like to work to “support the growing interest among creators to use decentralized apps to manage virtual goods and currencies” and plans to work on support for Dapps and other identity-oriented solutions, asset ownership, and community building.

https://twitter.com/_tessr/status/1458466734327963648
<h2><strong>Call for Decentralized Social Media</strong></h2>
The move doesn’t come as a surprise concerning Twitter boss <a href="https://www.cryptoknowmics.com/news/nft-of-first-tweet-sold-for-2-9-million-jack-dorsey-proceed-for-charity/">Jack Dorsey</a> who is a well-known Bitcoin fan. He even added support for Bitcoin tipping within the social media network and recently announced a way for users to verify they own a nonfungible token, or NFT. In March, he sold his first tweet as an NFT in March for about $2.9 million.

He has frequently touted Bitcoin’s specialty and has even tried his hand at Bitcoin mining. His other company, <a href="https://www.cryptoknowmics.com/news/jack-dorseys-square-is-curious-about-bitcoin-mining/">Square</a>, recently announced on building Bitcoin mining hardware and pointed out that the intention is to create a new way for users to store their cryptos without Square’s custody.

Twitter’s recent announcement is the latest in line to make decentralization in social media. Earlier this week, Reddit’s and Solana’s founders announced a $100 million initiative for building Web 3 social media tech.

Twitter Sets Up Dedicated Crypto Team to Explore Decentralization

Twitter announced Wednesday on setting up a new team dedicated to crypto and blockchain technology in a move to explore decentralization.

Jafrin is a cryptocurrency journalist/researcher fascinated by the world of decentralization. She is hopeful towards blockchain’s innovation and its potential to reshape the world for good. Currently, she is bringing out the best of cryptosphere via covering the latest ins and outs of the blockchain space.

Twitter Sets Up Dedicated Crypto Team to Explore Decentralization

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