Twitter’s top boss Jack Dorsey recently put the first tweet up for sale on the platform. The tweet, posted by Dorsey himself, said “I’m setting up my twttr” and is being sold as a unique digital signature on a website that sells tweets as “non-fungible tokens” (NFTs).
Dorsey posted the tweet in March 2006. Reuters reported that he had received offers as high as $ 88,888.88 as of Friday, just minutes after Dorsey posted a link of the listing on a tweets marketplace called “Valuables by Cent “was published.
Given the old listings already in place, many believe the tweet went on sale in December 2020, with the listing gaining traction on Friday after Dorsey tweeted about it.
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NFTs are digital files that essentially serve as digital signatures to determine ownership of pictures, videos, and other media on the web. Dorsey’s 15-year-old tweet is one of the platform’s most iconic tweets and could attract high prices with bidders. On Saturday, the highest bid was $ 100,000.
Valuables by Cent was launched three months ago and compares buying tweets to buying a signed baseball card.
“There is only one signed version of the tweet, and if the creator approves the sale, you can own it forever,” the company was quoted as saying by Reuters.
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After purchasing the tweet, the bidder will receive a signed digital certificate that is signed with cryptography and also contains metadata of the original tweet, the company claims on its website.
Regardless of who the tweet is sold to, it will still appear on the website.
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