Dorsey’s First-ever Magical Tweet that was auctioned at $2.9 Million

Twitter CEO Jack Dorsey has sold the first ever published Twitter post for a whopping $2.9 million as a non-fungible token (NFT) to a Malaysian-based businessman. The tweet had been auctioned off by Mr Dorsey for charity.

Dorsey’s brief tweet was sold through an auction on an online platform dubbed Valuables, a US-based firm owned by Cent. The tweet that was published on March 21 2006 read, “Just setting up my twttr”, has been liked more than 160,000 times and shared more than 120,000 times.

According to the website that necessitated the transaction, CEO of Malaysian blockchain service Bridge Oracle, Sina Estavi, bought the tweet as an NFT through ether cryptocurrency on Monday.

An NFT is regarded as a unique digital certificate, which labels the person who owns a photo, video or any other form of online media. Each NFT is unique and serves as a collector’s item that cannot be in any way duplicated thus making them rare by design. NFT is so popular with digital artworks

“This is not just a tweet! I think years later people will realize the true value of this tweet, like the Mona Lisa painting,” Estavi tweeted.

Dorsey confirmed that he will convert the sale to Bitcoin and later dispense the proceeds to Directly Africa Fund, a charity organization that helps poor people. Estavi will receive the digitally signed certificate and verified by Dorsey, in addition to the metadata of the original tweet.

just setting up my twttr
— jack (@jack) March 21, 2006

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