scorecardresearch
Follow Us:
Tuesday, April 20, 2021

Twitter CEO Jack Dorsey auctions first ever tweet as digital memorabilia

Old offers for the tweet suggest that it was put for sale in December, but the listing gained more attention after Dorsey’s tweet on Friday.

By: Reuters |
March 7, 2021 11:45:00 am
Twitter, Twitter Jack Dorsey, Jack Dorsey first tweet, Jack dorsey, Jack Dorset tweet sale,During the hearing, Jack Dorsey tweeted “?” with a poll asking Twitter Inc users to vote “yes” or “no.” (File)

“just setting up my twttr” – the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs).

The post, sent from Dorsey’s account in March of 2006, received offers on Friday that went as high as $88,888.88 within minutes of the Twitter co-founder tweeting a link to the listing on ‘Valuables by Cent’ – a tweets marketplace.

Old offers for the tweet suggest that it was put for sale in December, but the listing gained more attention after Dorsey’s tweet on Friday.

NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media.

Dorsey’s 15-year old tweet is one of the most famous tweets ever on the platform and could attract bidders to pay a high price for the digital memorabilia. The highest bid for the tweet stood at $ $2 million at 04:47 GMT on Saturday.

The updated offer was made by cryptocurrency pioneer Justin Sun, who won an auction for Warren Buffett’s charity dinner.

“I have updated my offer to 2 million USD,” Sun tweeted bit.ly/2O6YKhG.

Launched three months ago, Valuables compares the buying of tweets with 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.”

A tweet’s buyer will get an autographed digital certificate, signed using cryptography, that will include metadata of the original tweet, according to the Valuables website. The tweet will continue to be available on the Twitter website.

📣 The Indian Express is now on Telegram. Click here to join our channel (@indianexpress) and stay updated with the latest headlines

For all the latest Technology News, download Indian Express App.

  • The Indian Express website has been rated GREEN for its credibility and trustworthiness by Newsguard, a global service that rates news sources for their journalistic standards.
Advertisement
Advertisement
Advertisement
Advertisement
x