This article is from the source 'rtcom' and was first published or seen on . It last changed over 40 days ago and won't be checked again for changes.
You can find the current article at its original source at https://www.rt.com/business/517386-dorsey-tweet-for-sale/
The article has changed 5 times. There is an RSS feed of changes available.
Version 2 | Version 3 |
---|---|
Tweet for $2.5 MILLION? Twitter boss Jack Dorsey is selling first-ever tweet and the bids are flying in | Tweet for $2.5 MILLION? Twitter boss Jack Dorsey is selling first-ever tweet and the bids are flying in |
(6 months later) | |
The first post on Twitter that appeared on its co-founder and current CEO Jack Dorsey’s account in 2006 is up for sale as an NFT, a nonfungible token. Some social media enthusiasts are ready to spend a fortune on it. | The first post on Twitter that appeared on its co-founder and current CEO Jack Dorsey’s account in 2006 is up for sale as an NFT, a nonfungible token. Some social media enthusiasts are ready to spend a fortune on it. |
Dorsey’s almost 15-year-old message “just setting up my twttr” attracted whopping offers after he posted a link to a tweets marketplace called Valuables on Friday. | Dorsey’s almost 15-year-old message “just setting up my twttr” attracted whopping offers after he posted a link to a tweets marketplace called Valuables on Friday. |
The intense bidding war put the Twitter co-founder’s post at $363,000 as of Saturday morning (around 8am GMT). Offers were rising almost every hour, and had risen to $1.5 million by 3pm GMT and to $2.5 million later on Saturday. | The intense bidding war put the Twitter co-founder’s post at $363,000 as of Saturday morning (around 8am GMT). Offers were rising almost every hour, and had risen to $1.5 million by 3pm GMT and to $2.5 million later on Saturday. |
While the sale was announced, at least on Twitter, on Friday, it seems that the tweet was listed on the website weeks ago, as some replies to Dorsey's tweet linking to Valuables date back to December. | While the sale was announced, at least on Twitter, on Friday, it seems that the tweet was listed on the website weeks ago, as some replies to Dorsey's tweet linking to Valuables date back to December. |
NFTs are a special type of token. Like cryptocurrencies, they operate on a blockchain, but they don’t hold money and serve to show ownership of some other unique assets like art. | NFTs are a special type of token. Like cryptocurrencies, they operate on a blockchain, but they don’t hold money and serve to show ownership of some other unique assets like art. |
According to Valuables, the highest bidder for the famous post will actually buy “a digital certificate of the tweet.” The website compares such a purchase with owning an autograph on a baseball card, saying that “the NFT itself is the creator’s autograph on the content, making it scarce, unique, and valuable.” | According to Valuables, the highest bidder for the famous post will actually buy “a digital certificate of the tweet.” The website compares such a purchase with owning an autograph on a baseball card, saying that “the NFT itself is the creator’s autograph on the content, making it scarce, unique, and valuable.” |
For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |
Dear readers and commenters, | |
We have implemented a new engine for our comment section. We hope the transition goes smoothly for all of you. Unfortunately, the comments made before the change have been lost due to a technical problem. We are working on restoring them, and hoping to see you fill up the comment section with new ones. You should still be able to log in to comment using your social-media profiles, but if you signed up under an RT profile before, you are invited to create a new profile with the new commenting system. | |
Sorry for the inconvenience, and looking forward to your future comments, | |
RT Team. |