Home MEDIA Jack Dorsey’s First Tweet Attracts $2.5m Bid At Auction

Jack Dorsey’s First Tweet Attracts $2.5m Bid At Auction

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The first-ever tweet by the Chief Executive Officer of Twitter, Jack Dorsey, has attracted a $2.5m bid at an auction as of Monday, on a website that sells tweets as a non-fungible token.

As of Monday, the first tweet had attracted a bid of $2.5m. Dorsey had tweeted “just setting up my twttr”, at 12.50pm on March 21, 2006.

The Twitter co-founder had on Friday tweeted a link to the listing on Valuables by Cent, a tweets marketplace.

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

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The highest bid for the tweet came from Bridge Oracle’s CEO, Sina Estavi, according to Valuable’s website. It topped TRON founder, Justin Sun’s $2m bid which was the highest as of Saturday.

According to Valuables, owning any digital content can be a financial investment, hold sentimental value, and create a relationship between collector and creator.

“Like an autograph on a baseball card, the NFT itself is the creator’s autograph on the content, making it scarce, unique, and valuable,” it said.

It added that buying a tweet entailed purchasing a digital certificate of the tweet, signed using cryptography and which included metadata.

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