Twitter Share: Million for Digital Copy of the First Tweet
The highest bidder, a software entrepreneur from Malaysia, only acquired a kind of electronic certificate of authenticity. The Twitter co-founder and current company boss Jack Dorsey, who auctioned the tweet copy, donated the exact 2,915,835.47 dollars (around 2.45 million euros) on Monday (local time) to an organization that supports poor people in Africa.
— jack (@jack) March 22, 2021
Dorsey wrote on March 21, 2006 “just setting up my twttr” (something like “I’m setting up my twttr”, as the platform was originally supposed to be called). It’s the oldest message available on Twitter.
The Twitter boss sold the copy as a so-called NFT (non-fungible token), the authenticity of which is secured with the blockchain data chain of the crypto currency Etherium. The blockchain is basically a database that stores all transactions with a digital item and is distributed across many computers in the network, which makes it forgery-proof. The highest bidder, Sina Estavi, runs Bridge Oracle, which is in the blockchain business.
NFT is currently experiencing a boom: a copy of a collage by digital artist Beeple was recently auctioned for a good $ 69.3 million. That’s a record for digital art. Again, the buyer only acquired a digital certificate of authenticity – anyone can have an identical copy of the work of art.