The Twitter founder offered to sell the first tweet as a unique token, had someone bid up to $ 2.5 million

Twitter founder Jack Dorsey is offering to sell the platform’s first tweet as a unique and immutable token (NFT). The current highest bidder is Bridge Oracle CEO Sina Estavi, with a price tag of up to $ 2.5 million.

On Friday, Jack Dorsey shared a link that leads to a platform called “Valuables”, where Twitter’s first tweet is being auctioned. It is also the founder’s tweet, “just setting up my twttr”, which was posted on March 21, 2006.

Ownership of this tweet will be recorded on a blockchain, a digital ledger similar to the underlying networks of Bitcoin or any other cryptocurrency. However, unlike Bitcoin or other cryptocurrencies, each NFT is unique and feels like a unique collector’s item, making them so valuable.

Such unique collections on the blockchain platform are becoming a craze in recent times. Starting from a digital version of the Nyan Cat meme from 2011, has sold for $ 600,000.

The first tweet on the social network Twitter.

Or recently, Christie’s auction organization in the UK has just released another exclusive work of Beeple, a collage of 5,000 photos. The price of the photo has been paid up to 3 million USD, while the auction deadline is March 11. Another video of Beeple confirmed to be unique by blockchain, just sold for $ 6.6 million.

Buyers of these NFT assets believe that blockchain can help prove it’s the original and unique asset in the world.

Billionaire Jack Dorsey is also one of the famous supporters of Bitcoin and cryptocurrency. Jack Dorsey’s digital payments company Square recently bought around 3,318 Bitcoins at the end of February, then went on to buy another 4,709 Bitcoins in October 2020.

Reference: CNBC