A tweet can be worth gold.
The few characters of the very first message of Jack Dorsey, posted on March 21, 2006 on the social network which he had just founded, flew for 2.9 million dollars.
The simple image of the message “I create my Twttr account” (“just setting up my twttr”), on sale on the Valuables platform since March 5, was acquired by entrepreneur Sina Estavi, based in Malaysia.
Twitter CEO Jack Dorsey's first tweet ever from 2006 is up for sale.
The current bid is $ 2 million.
The buyer gets "an autographed digital certificate, signed using cryptography, that will include metadata of the original tweet."
pic.twitter.com/OgsUJBKDYJ
- Joe Pompliano (@JoePompliano) March 6, 2021
The sale was made possible by the emergence of a new digital format, the “NFT”, for non-fungible token or non-fungible token.
It allows you to associate with any virtual object, whether it is an image, photo, animation, video, or piece of music, a certificate of authenticity.
This certificate is theoretically inviolable and cannot be duplicated.
It is designed using so-called “blockchain” technology, which serves as the basis for cryptocurrencies such as bitcoin.
Jack Dorsey also sold his tweet in ethereum (or ether), a cryptocurrency, and not in dollars.
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Only the author of the tweet can sell it in “NFT” form after verification, according to Valuables, which was created in December 2020 and has no capital link with Twitter.
After the sale, the tweet itself remains visible to everyone, as long as Jack Dorsey or Twitter leaves it online.
Valuables keeps 5% of the proceeds from the sale, with the rest going to the seller, a spokesperson for the platform said.
Like many players in the emerging “NFT” market, Sina Estavi has been present in the world of “blockchain” and cryptocurrencies for several years.
He is now Managing Director of the Bridge Oracle blockchain platform, located in Malaysia.
$ 1.1 million for a tweet from Elon Musk
The entrepreneur clearly intends to expand his collection as he offered $ 1.1 million for a tweet from automaker Tesla boss Elon Musk.
Since then, the latter has nevertheless indicated that he would withdraw his tweet from the sale, even if it was still offered online on Monday on the Valuables platform.
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On March 11, a digital work by American artist Beeple, titled "Everydays: The First 5,000 Days," sold for $ 69.3 million at Christie's.
Indian entrepreneur Vignesh Sundaresan, also heavily involved in blockchain and cryptocurrency, has since revealed to be the buyer.
