Jack Dorsey Onboards Ethereum Train by Minting an NFT of His First Ever Tweet

Jack Dorsey Onboards Ethereum Train by Minting an NFT of His First Ever Tweet

Tron founder, Justin Sun, has made a bid of half a million USD for Twitter CEO’s first NFT of his very-first tweet.

Jack Dorsey, the co-founder, and CEO of Twitter who has been all about Bitcoin is finally finding value in the second-largest cryptocurrency network.

Early on Saturday, Dorsey, who sees Bitcoin becoming the currency of the internet and has only Bitcoin in his Twitter bio, is selling his very first tweet “just setting up my twttr” as an NFT (non-fungible token) through a platform called Valuables.

Buying this tweet would mean you are purchasing a “digital certificate of the tweet, unique because it has been signed and verified by the creator.”

As of writing, the highest bidding on the NFT is $500,000 by Tron cryptocurrency founder Justin Sun.

Sun then took to Twitter to share with Dorsey that he has “made a half-million USD offer to buy your first NTF tweet.”

NFTs are all the rage right now that allows anything to be digitized, allowing to buy and sell the ownership of a unique digital item that can be tracked on the blockchain. Some of the NFTs have been sold for millions of dollars.

And if you think that is a bubble, the rookie card of Tampa Bay Buccaneers quarterback Tom Brady has been sold for a whopping $1.32 million in an online auction, by far the highest price ever paid for an NFL card. The auction house said in a statement,

“Only one of 100 cards in the world, even less if you consider grade – this incredible card was picked up by James Parker, a long-time Brady fan.”

This came on the heels of Patrick Mahomes’ autographed rookie card sold for $861,000 in February. So, digital art, NFTs are not different from what we have already been seeing.

Others are also joining in; several celebrities have already jumped in as we reported this week, the Kings of Leon have launched their new album on NFT, becoming the first band to do so.

One NYT tech reporter is also selling the NFT of his tweet, “NFT stands for “no fucken thanks,” which has gotten the highest bid of $500 so far.

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Author: AnTy

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