International
Twitter CEO Jack Dorsey’s First Tweet Auctioned At $2.9m
- Twitter is an American microblogging and social networking service on which users post and interact with messages known as “tweets”
- As of Q3 2020, US Twitter revenue was worth $513 million
The first message ever fired off at Twitter sold on Monday for $2.9 million when its sender Jack Dorsey accepted the winning bid for the collectible as a “non fungible token” or NFT at an auction.
“Jack accepted the offer from sinaEstavi for $2,915,835.47,” read a tweet from the Valuables by Cent auction platform.
“This tweet is now minted on the blockchain.”
According to AFP, the profile on the auction-winning account indicated it belonged to Sina Estavi, chief executive of blockchain technology-related startup Bridge Oracle.
A copy of Dorsey’s inaugural tweet and a history of the bidding was posted at the v.cent.co website.
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Dorsey’s tweet highlighted a surge of interest around NFTs, or non-fungible tokens.
NFTs use the same blockchain technology behind cryptocurrencies to turn anything from art to sports trading cards into virtual collector’s items that cannot be duplicated.
Fifteen years ago Dorsey typed out a banal message — “just setting up my twttr” — which became the first ever tweet, launching a global platform that has become a controversial and dominant force in civil society.
The short tweet was sent March 21, 2006 by the Twitter co-founder and chief, who said he would donate the money from its sale to charity.
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