Twitter CEO, Jack Dorsey put up royalty right of the very first tweet ever on Twitter for sell and it gross $2.5 million.
The tweet which is Jack Dorsey’s first tweet on the Bird App might be purchased higher than $2.5 million as people are already biding for it at $2 million.
On Saturday, Jack posted the link to the biding site called Valuables by Cent where folks can buy/sell authenticated tweets with their autograph.
Jack also put up his 2006 tweet for auction, when he wrote … “just setting up my twttr.” It’s the tweet that kicked off every other tweet thereafter, so it’s historic — and the bids bear that out.
According to TMZ, as at the time of filing this report, the highest offer Jack has gotten so far for his tweets sits at $2.5 million courtesy of Bridge Oracle CEO, Sina Estavi who has been competing with tech entrepreneur in the crypto world, Justin Sun upping his price exponentially.
Sun started his bid with $500,000 and then upped it to $2 million after which, Estavi added $500,000 to his initial bided amount. Per Cent’s rules, if anyone wants to outbid Estavi — they’ll have to throw down $2.75 million.
Might sound nutty, but selling digital assets like this is a thing … which they call NFTs (non-fungible tokens). They’re essentially one-of-a-kind collector’s items that are recorded on a blockchain network — the same system that supports and tracks crypto — and which aren’t interchangeable, unlike something like Bitcoin, which can be swapped back and forth.
So … if you own an NFT, you’re literally the only one who has it — which, as we can see, carries inherent value in the marketplace. Welcome to 21st-century commerce.