Twitter CEO Auctions First Ever Tweet As An NFT

Twitter CEO auctioned his first ever tweet as an NFT.

Twitter CEO Jack Dorsey auctioned his first ever tweet as a non-fungible token (NFT). The said tweet will be 15 years old later this month

Twitter CEO tweet NFT

Dorsey on Friday (Saturday, Manila time) announced the sale by tweeting a link to the listing on “Valuables by Cent” — a tweets marketplace — and the highest bid on the auction, so far, was USD 220,000 as of this writing.

His 15-year-old tweet was one of the most famous tweets ever on the said platform and could attract bidders to pay a higher price for the digital memorabilia.

Old offers for the said tweet suggested that it was put for sale in December 2020, but the listing gained more attention after Jack’s tweet on Friday.

What are NFTs?

Non-fungible tokens (NFTs) were digital files that served as digital signatures in order to certify who owned photos, videos, and other online media.

Valuables was launched three months ago and compared the buying of tweets with buying an autographed baseball card.

READ ALSO: Twitter Confirms Working On A Button To “Undo” Fresh Tweets

ABS-CBN News reported that there’s only one unique signed version of the tweet and the buyer can own the tweet “forever” if the creator agreed to sell it.

According to the Valuables website, a tweet’s buyer would get an autographed digital certificate, signed using cryptography, that would include metadata of the original tweet.

The tweet would continue to be available on the Twitter website.

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