Jack Dorsey’s first Tweet sold for $2.9 million


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Jack Dorseys first Tweet sold for 2.9 million

Fifteen years after Twitter CEO Jack Dorsey posted the world’s first Tweet, the message sold for $2.9 million as an NFT. It was Sina Estavi, CEO of blockchain company Bridge Oracle, who received the world’s first Tweet. As you may recall, Dorsey announced earlier this month that he would be selling his first Tweet at auction at Valuables (where valuables are sold).

Following this announcement, the CEO received many bids for the auction and donated the proceeds to the “Direct Africa Response fund” after accepting the appropriate offer. Dorsey confirmed on Monday that he has donated 50 BTC to the organisation that helps people affected by the coronavirus pandemic.

Dorsey donated the money to charity

As Valuables explains on its website, “owning” a Tweet does not change the purchaser’s status on Twitter. Instead, the best bidder gets a “unique tweet digital certificate because it is signed and verified by the creator.”

The sale is considered the latest high example of the current NFT craze that has made waves in the arts and cryptocurrency community in recent months. NFT’s, or irreschangible tokens, are cited as byproducts of cryptocurrency, which permanently connects a digital asset to a crypto-verified token.

Jack Dorsey’s first Tweet sold in this case can still be freely shared, viewed and copied by anyone on the internet. However, only Estavi will be able to have the original “signed” version.

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