The First Tweet in History is Already Worth $ 2.5 Million
Twitter founder Jack Dorsey put up for sale the first tweet in the history of the social network – and received some very high offers within a few days.
Twitter founder Jack Dorsey received a $ 2.5 million bid for the first tweet on social media, which he put up for sale last week.
Dorsey announced over the weekend that he is putting up for sale his first tweet on social media. The method he uses is called NFT – or non-fungible token – a non-fungible token. In other words, it is a kind of purchase certificate whose owner is registered in the blockchain, which makes it possible to keep track of the ownership history of the virtual product sold.
he tweet is the famous “just setting up my twttr”, which he tweeted in 2006 when the social network went live. It should be noted that this tweet is publicly available to anyone who surfs Twitter.
Dorsey makes the sale through a platform called Valuables which is used for NFT trading.
A few minutes after the tweet was put up for sale, Dorsey received bids of up to $ 88,000. On Saturday, Chinese entrepreneur Justin Sun offered a sum of $ 2 million. A day later, Cena Esteby, CEO of Bridge Oracle, submitted a $ 2.5 million bid.
The tweet is the famous “just setting up my twttr”, which he tweeted in 2006 when the social network went live. It should be noted that this tweet is publicly available to anyone who surfs Twitter. Dorsey makes the sale through a platform called Valuables which is used for NFT trading. A few minutes after the tweet was put up for sale, Dorsey received bids of up to $ 88,000. On Saturday, Chinese entrepreneur Justin Sun offered a sum of $ 2 million. A day later, Cena Esteby, CEO of Bridge Oracle, submitted a $ 2.5 million bid.
NFT can be used as a certificate of ownership for a real item, such as a painting or sculpture. Ownership is registered in the blockchain used to register the transaction and so the item can also be sold later. In the case of Dorsey’s tweet however, even when the winner pays for it, the tweet will actually continue to be displayed on Twitter. At least as long as the social network is active or how long Dorsey decides to keep it available. But the buyer will be its proud owner.
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