The co-founder of Twitter, Jack Dorsey, has listed his first-ever tweet on sale. The bids for the same has reached $2 million already.
“Just setting up my Twitter.” the post from Mr Dorsey account reads from March 2006. It will be sold as a no-fungible token (NFT). NFT is a unique digital certificate that tells who owns the photo video or any online media.
However, the post will remain available to all publically on Twitter, even if it has been auctioned.
The buyer, though, will receive a certificate digitally verified by Mr Dorsey, along with the metadata of the original tweet. The data will hold information like the time of the posting of the tweet and its text contents. However, most of the information like this is publically available already.
The tweet as listed for sale on “Valuables by Cent.” The place is a marketplace for teets that was established three months ago.
In a post on the site, the platform’s founder compares buying the tweet to a more traditional autograph or memorabilia piece.
Owning any digital content can be a monetary investment, it says. It can hold emotional value like an autograph or a baseball card. Moreover, the NFT itself it a creator’s autograph on content, making it rare, valuable, and unique.
Tweets are the latest digital assets to monetised via the so-called non-fungible tokens. Likewise, NFTs use the blockchain, the same shared database technology underlying Bitcoin and other cryptocurrencies. These create unique certificates of ownership of any digital goods.
While the idea that digital artists can earn revenue by offering buyers some sense of claim has its appeal, the “sale” of tweets will leave many scraping their heads.
Offers for the tweet of Dorsey
Old offers for Mr Dorsey’s tweet suggest that it was first put up for sale in December. However, the listing gained more attention after he tweeted a link to it on Friday. After then, the tweet has been shared thousands of times.
Within minutes of the tweet, the bid reached around $80,000.
But, on Saturday, they skyrocketed, with a bid of $1.5 million. After a while, though, it was seized by $2 million at around 15:30 GMT.
According to the Valuable’s by Cent’ terms, 95% of a teet’s sale will go to its original creator, and the remaining will head straight to the website.
How to Build a Career in Aesthetics: Zara Harutyunyan Shares Her Advice
Lonnie Mayne Helps Leaders Humanize Business and Ignite Human Performance with His Framework, Red Shoes Living
Meet BJØRN, the Rising Versatile Sensation based out of New York
Joy R. Richardson Is Changing The Norms Of Being A Male Model
Real Estate Broker Michael Humphrey—Setting the Standard of Sales for Exclusive Santa Barbara Clientele
Meet The Innovative & High – Impact CEO, Nicholas Cormier
Managing the Pain and Discomfort of Childbirth the Natural Way with Hypnobabies
Entrepreneurship as a Way of Life – Talking with Aidan Ranzieri
Traditional Smart Contracts Just Won’t Cut It For Digital Inheritance, According to Safe Haven CEO. Here’s Why.
Backbencher Now Millionaire Creates Own Niche in America’s Corporate World
Meet Swagg Dinero, the new rapper from Chicago whose popularity is taking huge tides in the music industry
Hollywood Sensation Jewelry-Sterling, Stunning, and Stylish
Meet Christopher Gallop, taking over the world of music like a true blue professional
How Business Presentations Firm Prezentium Puts its Heart into Helping Children Around the World
Alex Perdziola Is the Rising Real Estate Agent Taking Over the Local and Global Real Estate Arena
TMJ Disorders Require a Holistic Treatment Approach
World4 months ago
Experts Share Necessary Precautions To Take When Buying A Used Car
Health1 year ago
Royal CBD Launches New Line of Products to Take Away all the Pain People Suffer
Health7 months ago
The Looming and Unavoidable Women’s Health Crisis
Lifestyle7 months ago
5 Tips on How to Care for Your Clip-in Hair Extensions
Lifestyle3 months ago
Meet Coconut Kitty: Artist, Poet, and Social Media Sensation
Business10 months ago
A Trailblazer For An Entire Industry: How Moyn Islam Is An Entrepreneur That Stands Out From The Crowd
Business1 year ago
Entrepreneur Who Wraps All His Cars In Gold; Just who is Kevin Thobias?
Business1 year ago
Could the cure for Herpes be just what the Doctor ordered for Synergy Pharmaceuticals?