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Mon, Apr

Jack Dorsey’ First Tweet Fetches $2.9 M At Auction

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The first tweet ever sent on Twitter by the CEO, Jack Dorsey has on Monday been sold for $2.9 million as a winning bid for the collectible as a Non-Fungible Token (NFT) at an auction.

“Jack accepted the offer from sinaEstavi for $2,915,835.47,” read a tweet from the Valuables by Cent auction platform.

“This tweet is now minted on the blockchain.”

The auction-winner account indicated it belonged to Sina Estavi, the CEO of blockchain technology start-up, Bridge Oracle.

“I think years later people will realize the true value of this tweet, like the Mona Lisa painting,” Estavi said in a Twitter post.

NFT is the same blockchain technology behind cryptocurrencies that are used to trade art, sports cards to virtual collector items which cannot be duplicated.

The tweet “just setting up my twttr” was sold at an auction, marking Twitter’s 15th anniversary becoming a dominant global platform in civil society.

Dorsey thanked Estavi in a tweet, saying that the proceeds of the bid were going to a nonprofit in East Africa to help people living with poverty.

“Hey @jack , thank you for accepting my offer, and I’m glad this money is being donated to charity,” Estavi responded to Dorsey.

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