"Wow this Twitter update is interesting, there must be many users who can't wait to use it."
Finally after a long time, the Twitter social media platform managed to develop a new feature that allows users to give "Awards" to each other using "Coins".
Explained in more detail, the Coins can be purchased using fiat currency through Stripe which is a payment service provider platform.
Although Coins are not available on the blockchain, Stripe may allow payments with cryptocurrencies in the future so that more individuals are more interested in applying the innovation.
Meanwhile, users who receive Twitter Awards must earn at least $50 if they wish to redeem them.
But it should be noted that users should not consider Twitter Coins as a crypto that can provide a certain amount of profit, emphasized Wong, Hong Kong Security Researcher.
Commenting on the other hand from Owji, the developer and researcher of the Nima application is also of the view that neither Coins nor Awards will be involved in digital assets at all, but if Twitter wants to do so then it may be implemented.
He added that Twitter will probably add it to the code if the platform plans to include crypto.
In the meantime, Wong also mentioned that Twitter Awards will create reactions such as "Mind Blown", "Bravo", "Bullseye", "Gem" and "Crown" which require users to buy them through Coins.