Suku Wallet Enables Crypto Payments on Twitter

Suku Wallet, a crypto payments application that facilitates transactions over social media platforms, is starting with Twitter to allow users to directly send digital currencies and non-fungible tokens (NFTs). Last week, Suku teamed up with sidechain Polygon to host an open-edition NFT mint in celebration of Polygon 2.0’s launch. Within the 48-hour mint period, users minted over 50,000 NFTs simply by posting a tweet tagging Suku and Polygon. CEO Yonathan Lapchik said, The majority of people will not have a wallet…for us, the first phase is really to give someone a wallet immediately. As part of Suku’s plan to usher in adoption, they cover any gas fees users would normally incur when sending or receiving payments. Suku is starting with Twitter for their first foray into crypto payments and plans to add other social media platforms. Lapchik said, If you use Twitter, Facebook, Instagram, Reddit and LinkedIn all day, you don’t want to have a payment system for each one of those – you only want to have one that connects to all of the social media platforms.