Twitter is already in its top stage, it is being used by billions of people all around the globe both for professional and personal means. And again it is in the discussions on every channel and web. Twitter’s Chief Executive Officer Jack Dorsey recently sold the first-ever tweet on the platform for around $2.9 million on Monday.
The tweet, posted by Dorsey said- “just setting up my Twitter”. The tweet was sold as a unique digital signature on a website that sells tweets as “non-fungible” tokens by NFTs.
In case you are wondering what NFT is, then they are digital files that are basically served as digital signatures to ascertain ownership of any pictures, videos, or any other form of media on the web or internet.
Dorsey propelled the tweet in March 2006. And some reports say he got quite good offers for the same going as high as $88,888.88 just minutes after posting a link to the listing. This tweet was posted on a tweets marketplace called “Valuables by Cent”.
Reports sa, the tweet was bought by the unit using the cryptocurrency Ether for 1603.5825601 ETH. This nearly amounted to $2,915,835.47 at the time of sale of tweet. It was confirmed by the Company’s Chief Executive Officer Cameron Hejazi confirmed on Monday.
Now you might be thinking who’s the buyer of the tweet by Dorsey, then Sina Estavi has been confirmed as the buyer. It is based in Malaysia, and is the CEO of a blockchain firm called Bridge Oracle.
Some sources say that the tweet was also put up for sale last year in December. It was up with the listing gaining adhesion after Jack Dorsey tweeted about the same. It’s a fact that the fifteen-year-old tweet of Dorsey is one of the most famous tweets ever!
Moreover, Valuables by Cents was begun over three months back. It compared purchasing tweets to purchasing an autographed baseball card.
Reuters, one of the most famous information sources quoted the company and said- “There is only a unique signed version of the tweet, and if the creator agrees to sell, you can own it forever”.
Later, after the sale, Jack planned to convert the proceedings into bitcoin which will then be donated to Africa’s fight against the COVID-19 outbreak.
Lastly, the CEO of Twitter received around 95 percent of the proceeds while Cent received only 5 percent.
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