Twitter CEO Jack Dorsey’s First- Ever Tweet Sold For $2.9 Million
Twitter’s top boss Jack Dorsey recently sold the first-ever Tweet on the platform for a little over $2.9. The Tweet, posted by Dorsey himself, said the following – ”just setting up my twitter” and was sold as a unique digital signature on a website that sells Tweets as “non-fungible tokens” (NFTs).
Dorsey pushed out the Tweet in March, 2006. It was reported that he had received offers going as high as $88,888.88 just minutes after Dorsey posted a link of the listing, which was posted on a tweets marketplace called “Valuables by Cent”.
The Tweet was bought using the cryptocurrency either for 1630.5825601 ETH, which amounted to $2,915,835.47 at the time of sale, the company’s CEO Cameron Hejazi confirmed.
Sina Estavi has been confirmed as the buyer of the tweet, who is based in Malaysia and is the CEO of a block chain company called Bridge Oracle.
Many believe that the tweet was put up for sale in December 2020, with the listing gaining traction after Dorsey tweeted about the same. NFTs are digital files that basically serve as digital signatures to ascertain ownership of pictures, videos, and other media on the web. The 15-year-old tweet by Dorsey is one of the platform’s most famous tweets ever!
Valuables by Cent were launched over three months ago and compare buying tweets to buying an autographed baseball card. “There is only one unique signed version of the tweet, and if the creator agrees to sell, you can own it forever”, the company was cited.
Dorsey plans to convert the proceeds into bitcoin which will then be donated to Africa’s fight against COVID-19. Twitter boss received 95 per cent of the proceeds while Cent received 5 per cent.