- Twitter CEO Jack Dorsey has sold his first tweet as an NFT via the trading platform Valubles by Cent.
- It was sold to Bridge Oracle CEO Sina Esatavi for $2.9 million.
- Proceeds will be turned into Bitcoin and donated to charity via GiveDirectly to support its Africa relief efforts.
Share this article
Twitter founder and CEO Jack Dorsey has sold his first-ever tweet as a NFT, according to the website on which it was auctioned.
Tweet Sold Via Valuables
The auction for the token began on Dec. 15, 2020, when Dorsey turned his first tweet into an Ethereum-based non-fungible token via a service called Valuables, operated by crypto firm Cent.
The tweet was originally made in 2006 and marks the day that Dorsey set up his persomal Twitter account.
Sina Estavi, CEO of the TRON-related company Bridge Oracle, won the auction. Estavi made an initial bid of $2.5 million on Mar. 5, but today, he raised his bid to $2.9 million to buy the token. TRON founder Justin Sun previously bid on the item.
Dorsey noted earlier this month that all proceeds from the auction will be converted and donated to charity. Dorsey selected GiveDirectly’s Africa Response fund as the recipient.
The Rise of NFTs
Other tweets that have attracted high bids on Valuables include a tweet from Tesla CEO Elon Musk ($1.1 million), a tweet from Joe Rogan Experience producer Jamie Vernon ($1 million), and a tweet from MySpace founder Tom Anderson ($12,200).
Notable NFT lines elsewhere, either active or upcoming, include movie-related NFTs from Mogul Productions, Atari’s line of Metaverse tokens, and the NBA’s line of Top Shot collectibles.
Disclaimer: At the time of writing this author held less than $75 of Bitcoin, Ethereum, and altcoins, and did not hold any NFTs.
OpenSea Raises $23 Million In Series A Funding Round
OpenSea has raised $23 million in its Series A round, according to an announcement from the NFT trading marketplace. OpenSea Attracts Heavyweight Investors OpenSea’s Series A fundraising round was led…
Sotheby’s Announces Upcoming Sale With NFT Artist Pak
After Beeple’s landmark Christie’s auction, NFTs are headed to Sotheby’s. Pak Heads to Sotheby’s Sotheby’s has announced its first NFT sale. The 276-year-old auction house will showcase a collection by…
What is Dogecoin?
So what is the story behind DOGE? How did it become the asset of choice for a group of anti-establishment retail traders in January 2021, and what are the chances…
Unique Cristiano Ronaldo NFT Sells for $290,000
CR7 fetches six figures on the NFT market. Ronaldo NFT Breaks Records A unique digital trading card featuring soccer legend Cristiano Ronaldo sold for $289,920 over the weekend. WOW! 🚀…