Politics

Twitter founder Jack Dorsey sells first tweet for $2.9 million

 Jack Dorsey, the owner of popular micro-blogging app  Twitter has sold his first tweet to a Malaysia-based buyer.

Mr Dorsey sold his first tweet, “just setting up my Twitter,” tweeted on March 21, 2006, to Sina Estavi on Monday for $2.9 million.

The tweet was sold as a non-fungible token (NFT) to Mr Estavi, the chief executive of technology firm Bridge Oracle.

It was bought using ether, a popular cryptocurrency that is similar to bitcoin.

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“This is not just a tweet. I think years later, people will realise the true value of this tweet; like the Mona Lisa painting,” Mr Estavi tweeted.

A unique digital certificate that identifies the owner of a photo, video, or any form of online media will be issued to the buyer, popularly known as the NFT certificate, which will be digitally signed and verified by Mr Dorsey.

The tweet was auctioned on an online platform called Valuables and will receive five per cent of the sale.

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Twitter co-founder confirmed the proceed of the sale would go to charity.

Via Peoples Gazette

Ayomide John

Ayomide is first, a football writer, a sports analyst and then a multi-niched journalist with a particular interest in lifestyle, politics, literature and history. He is an experienced Search Engine Optimisation Analyst and Content Marketer. He holds a degree in Literature in English (OAU). He hopes to do his Masters in International Media Studies. He is a Manchester United fan since 2008.

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