Twitter CEO Jack Dorsey has sold his first-ever tweet for $2.9 million dollars as an non-fungible token, or NFT, on Monday.
Jack Dorsey’s first tweet posted on 22nd Mar, 2006
just setting up my twttr
— jack (@jack) March 21, 2006
An NFT is a unique digital asset secured on a blockchain that has gained traction this year, in step with the rapidly rising popularity of cryptocurrencies. Each NFT has its own signature, which can be verified in the public ledger and cannot be duplicated.
The NFT was sold via auction on a platform called Valuables, which is owned by the U.S.-based company Cent.
It was bought using the cryptocurrency Ether, for 1630.5825601 ETH, which was worth $2,915,835.47 at the time of sale, Cameron Hejazi, the CEO and co-founder of Cent confirmed.
Sina Estavi, CEO at Bridge oracle and is based in Malaysia.
This is not just a tweet!
I think years later people will realize the true value of this tweet, like the Mona Lisa painting https://t.co/vnA5pz3esQ
— Estavi (@sinaEstavi) March 22, 2021