Twitter, the darling social network of all crypto lovers, is figured out to boost the decentralized innovation industry and has actually created a devoted crypto team focused on developing options for crypto, dapps, and DeFi.
Engineer Tess Rinearson will lead the group. Before joining Twitter, Tess was involved in the advancement of Tendermint Core, also dealing with Chain.com, the Interchain Foundation, and Cosmos.
Hi Twitter Crypto
As Tess Rinearson discusses in a thread, the team will operate in the area of cryptocurrencies, blockchain, and other decentralized innovations to create solutions that are not necessarily associated to the financial domain.
I’m thrilled to share that I’ve joined Twitter, to lead a brand-new group concentrated on crypto, blockchains, and other decentralized innovations– consisting of and exceeding cryptocurrencies. pic.twitter.com/HaP0k5hUOq– Tess Rinearson(@_tessr) November 10, 2021
The team wants to perfect the Bitcoin tipping platform and the revealed proof-of-identity service via NFTs.
Even more down the roadway, Rinearson prepares to work on assistance for Dapps and other identity-oriented services, property ownership, and community structure.
Under the name “Twitter Crypto,” the group will supervise of handling whatever Web 3.0 associated, and although there is no task listing, Tess has opened her DMs for anyone thinking about participating in the job to use.
Twitter Investors Are Not Impressed
Although the news may come as motivating to cryptocurrency enthusiasts, the view seems very different from the camp of traditional investors.
Twitter shares have actually embarked on a steep decrease, losing nearly 25% over a period of almost 2 weeks. The charts reveal the first clear death cross since 2019 after a late October plunge knocked the stock cost listed below the psychological support of $55.