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Jack Dorsey’s first-ever tweet sold for $2.9 million as a blockchain certificate

Jack Dorsey’s first-ever tweet sold for $2.9 million as a blockchain certificate

India Today
Tuesday, March 23, 2021 07:45:51 AM UTC

Dorsey’s first-ever tweet which was posted in 2006, read “just setting up my twitter” now belongs to Malaysia-based buyer Sina Estavi

A few days ago Twitter CEO Jack Dorsey had put up his first-ever tweet for sale as an NFT. The tweet has now been sold for $2.9 million (roughly Rs 210,027,280) as a Nonfungible token. The NFT is basically a digital certificate of authenticity and credibility that you are the owner of a particular thing, this is also collectively known as a blockchain. Dorsey’s tweet was bought by a Malaysia-based businessman. Dorsey’s first-ever tweet which was posted in 2006, read “just setting up my twitter” now belongs to Malaysia-based buyer Sina Estavi, who owns a blockchain company Bridge Oracle. The tweet was sold on NFT trading platform Valuables, which is owned by the U.S.-based company Cent. The CEO of Cent, Cameron Hejazi, confirmed that the tweet was bought using cryptocurrency Ether. "These assets might go up in value, they might go down in value, but what will stay in the ledger and the history of 'I purchased this from you at this moment in time' and that's going to be in both the buyer, the seller, and the public spectators' memory," Hejazi was quoted by Reuters as saying.
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