Twitter CEO Jack Dorsey’s First Tweet Sold As An NFT For $2.9 Million

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In Brief
  • Twitters first tweet by CEO sells for $2.9 million.

  • Beeples latest NFT auction currently sitting at $2 million.

  • Winner of Dorsey tweet compares NFT to Mona Lisa painting.

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Twitter co-founder and CEO Jack Dorsey’s first-ever tweet sold on auction for a staggering $2.9 million.

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The tweet is not only the first tweet by the CEO, it is also the first ever tweet on twitter. 

The tweet in question is dated 21 March 2006. Making the tweet fifteen years old. The tweet by Dorsey reads, “just setting up my twttr.” 

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The tweet, which was on auction on Valuables, had been on auction for three months. The eventual winner of the auction is the CEO of Bridge Oracle. Sina Estavi won the auction for a total of 1630.58 Ethereum. Totaling a value of $2.91 million. 

Estavi was able to outbid Tron CEO Justin Sun who also bid up to $2 million on the tweet. Estavi is currently the CEO of Bridge Oracle. A project that runs on the Tron network. 

The sale price was accepted by the Twitter CEO who has previously stated that the proceeds from the auction will go to charity. 

NFT auctions continue to be the hottest trend. Digital artist and now NFT legend Beeple has recently launched another auction. Coming fresh off of his recent record-breaking NFT sale at Christie’s for $69 million, Beeple is back at it. As with last time, the proceeds go to charity. 

Beeple Back At It

The latest piece is being auctioned on Nifty gateway. The piece is titled “Ocean Front” and forms part of Beeple’s “Everydays” theme. With Beeple planning on donating all proceeds to the Open Earth Foundation. 

The piece is one of several in the “Carbon Drop” initiative

Source: Nifty Gateway

NFT Craze Continues

It comes as no surprise that Tron Network’s CEO Justin Sun is once again in the mix. Sun is currently bidding on the piece with a bid of roughly $1.9 million. However, the piece now sits at just over $2 million, with several hours left before closing. 

The NFT craze continues to gain traction as more and more people begin to understand non-fungible tokens. 

Sina Estavi believes his winning bid for Dorsey’s first-ever tweet represents something more than just an NFT. The winner even compared the tweet NFT to the Mona Lisa. Estavi commented on the NFT, saying, “This is not just a tweet! I think years later, people will realize the true value of this tweet, like the Mona Lisa painting.”

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Ryan is a Fintech specialist with a passion for cryptocurrencies and blockchain adoption. A keen trader and investor in the market since 2016, he enjoys keeping up to date with the latest developments within the industry while finding the next 100x altcoin.

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