Twitter CEO Jack Dorsey Is Auctioning Off His Very First Tweet — Highest Bid Is $2.5M
Twitter founder and billionaire Jack Dorsey is selling his very first tweet as a non-fungible token (or NFT) — a kind of digital collector’s item and current highest bidder is offering $2.5 million!
Dorsey recently shared a tweet with a link to a digital platform called “Valuables,” that allows for the buying and selling of tweets autographed by their creators, CNN reports.
The 2006 tweet up for sale says “just setting up my twttr.”
Now you’re probably asking yourself why in the heck would someone buy a tweet? Well, Valuables states in an FAQ page: “Owning any digital content can be a financial investment, hold sentimental value, and create a relationship between collector and creator. Like an autograph on a baseball card, the NFT itself is the creator’s autograph on the content, making it scarce, unique, and valuable.” So far, the tweet has reached a bid of $2.5 million by Sina Estavi, CEO of Bridge Oracle, according to Valuable’s website.
Dorsey’s latest move follows his past efforts around other cryptocurrencies, particularly bitcoin. Back in October, Dorsey’s other company, Square (SQ) purchased 4,709 bitcoins or the equivalent of $50 million at the time. Back in February, he announced a bitcoin development fund with billionaire rapper and business mogul Jay-Z.
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