Jack Dorsey Is Selling The First Ever Tweet For The Highest Bidder, Current Bid Is $2.5 Million

Jack Dorsey – Twitter CEO is offering the first-ever published tweet as an NFT – a sort of digital item for collectors.

On Friday, Dorsey made public a tweet containing a link to Valuables – a digital platform for people to sell and buy tweets.

The one he is selling is his own tweet published in 2006 which reads: ‘just setting up my twttr’

As stated on Valuable's website, the highest bidder so far is Sina Estavi - Bridge Oracle CEO, who paid $2.5 million for it.

NFT – or Non-fungible token is gaining momentum in recent months. It’s a technology to sell digital arts. This digital token can verify ownership and authenticity as it has the artist's signature encrypted on the blockchain.

Beeple, a digital artist, put a collage consisting of 5,000 photos taken in 13 years on offer, making him the first artist to sell artwork in this way.

NFT has expanded beyond just arts. The technology is being used by the NBA to sell highlight basketball clips, like when Lebron James hit a slam dunk.

There is a marketplace dedicated to this special niche market called NBA Top Shot set up by a blockchain startup named Dapper Labs. On the platform, users can sell and buy moments – or NBA highlight clips. It’s like a digital take on the traditional trading cards.

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