Twitter CEO Jack Dorsey Puts Up First Tweet For Sale As Non-Fungible Token

Twitter CEO Jack Dorsey Puts Up First Tweet For Sale As Non-Fungible Token

Jack Dorsey's very first tweet is being offered for sale as a non-fungible token (NFT).

What Happened

Twitter Inc (TWTR) CEO Jack Dorsey’s first Twitter post — “just setting up my twttr” — is going for $2.5 million in bidding at an online tweets marketplace called Valuables. Dorsey appears to have listed his famous post as a unique digital signature on the website where tweets are sold as NFTs. 

New Form Of Collectible

NFTs act as signatures, used to verify ownership of digital files. NFTs for items like Dorsey's tweet are basically digital souvenirs, akin to collectibles such as baseball cards and autographed memorabilia.

The post, sent from Dorsey’s account in March of 2006, received offers on Saturday that went as high as $88,888.88 within minutes of the Twitter co-founder tweeting the link. The highest bid for the tweet so far is from Bridge Oracle CEO Sina Estavi. Dorsey’s 15-year-old tweet is one of the most famous tweets and it could attract bidders to pay a high price for the digital souvenir. 

© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.