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Twitter boss Jack Dorsey’s first tweet sells for $2.9m

Twitter boss Jack Dorsey’s first tweet sells for $2.9m

Al Jazeera
Tuesday, March 23, 2021 08:41:25 AM UTC

The tweet was sold as a non-fungible token, unique digital assets that are growing rapidly in popularity; the proceeds were given to a charity working with COVID-affected families in Africa.

Twitter boss Jack Dorsey has sold his first tweet from over a decade ago in the form of a unique digital asset for slightly more than $2.9m. The tweet was sold on Monday as a non-fungible token (NFT) – a kind of digital certificate that has exploded in popularity so far in 2021. The token is a digital seal of authenticity that confirms an item is one of a kind and real. Each NFT has its own blockchain-based digital signature, which serves as a public ledger, allowing anyone to verify the asset’s authenticity and ownership. They can be attached to digital art or pretty much anything else that comes in digital form – audio files, video clips or animated stickers.
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