Twitter CEO’s first tweet draws $2.5m bid at auction

Twitter Chief Executive Officer, Jack Dorsey, is auctioning his first ever tweet on a website that sells tweets as 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.

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.

ALSO READ: PROTEST AS UN, BUHARI, OTHERS CELEBRATE WOMEN ON WOMEN’S DAY

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.

  • Related Posts

    NAF Deploys Aerial Surveillance to Rescue Abducted Oyo Pupils, Teachers

    The Nigerian Air Force (NAF) has intensified efforts to secure the release of abducted pupils and teachers in Oriire Local Government Area of Oyo State by deploying aerial surveillance platforms…

    China Encourages Nigerian Youths to Embrace Language and Cultural Exchange

    Director-General of the Federal Radio Corporation of Nigeria (FRCN), Mohamed Bulama, said the growing interest in Mandarin among Nigerian students reflects the strengthening relationship between Nigeria and China in diplomacy,…

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    You Missed

    NAF Deploys Aerial Surveillance to Rescue Abducted Oyo Pupils, Teachers

    NAF Deploys Aerial Surveillance to Rescue Abducted Oyo Pupils, Teachers

    China Encourages Nigerian Youths to Embrace Language and Cultural Exchange

    China Encourages Nigerian Youths to Embrace Language and Cultural Exchange

    YABATECH Council Pushes Stronger Ties Between Universities and Traditional Institutions for National Development

    YABATECH Council Pushes Stronger Ties Between Universities and Traditional Institutions for National Development

    PDP Raises Concerns Over Political Climate Ahead of Ekiti Governorship Election

    PDP Raises Concerns Over Political Climate Ahead of Ekiti Governorship Election

    Troops Overrun Terrorists’ Most Fortified Enclave in Mandara Mountains, Rescue 360 Captives

    Troops Overrun Terrorists’ Most Fortified Enclave in Mandara Mountains, Rescue 360 Captives

    Banks Raise N4.65tn, But Credit Crunch Persists as AfDB Flags Weak Private Sector Lending

    Banks Raise N4.65tn, But Credit Crunch Persists as AfDB Flags Weak Private Sector Lending