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Jack Dorsey Sells First-Ever Tweet on Twitter’s 15th Anniversary

The CEO and founder of Twitter, Jack Dorsey, auctioned his tweet to be sold as an NFT some weeks ago, and a recent report shows that the entrepreneur has finally sold the tweet. The digital asset space is currently raving about non-fungible tokens. Their future in the industry as top influencers like Dorsey and Beeple have taken the crypto space by storm.

Like many industries, the NFT sector would likely have a booming year as the industry recently recorded its most expensive product. Beeple, a crypto artist, sold his artwork for around $69 million, making the painting one of the most expensive artworks globally. Dorsey had put up his post on an NFT platform for buyers to bid for the intellectual property. Despite the tight competition amongst willing bidders, the artwork was given to only a buyer.

Dorsey sells his tweet for $2.9 million

Twitter continues to be the home of various trends worldwide, with new features now and then to attract tweebs. The CEO sold his tweet just in time for the social media’s 15th anniversary. The tweet, which reads ‘just setting up my twtr,’ was posted as his first-ever tweet in 2006, the year Twitter was created. Social media is one of the industry’s oldest platforms and one that still commands wide followership in the sector.

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Dorsey decided to sell the tweet as an NFT, which helps the adoption of the small industry. Dorsey, known to be a big fan of cryptocurrency, even has Bitcoin in his bio to show his belief in the digital asset industry. Finally, the entrepreneur has finalized his tweet’s sales, and the successful bidder gets the token as the owner of the tweet.

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Dorsey has explained that he would convert the money gotten from the tweet’s sale to Bitcoin and send it to African Response. He utilized Valuables as the platform, which he showcased his tweet for the recently concluded auction, which he sold for $2.9 million. The platform is one of the growing NFT-related platforms that facilitate sales of tweets as NFTs.

Justin Sun loses NFT bids

Valuables explained that the auctioned tweets will still be on Twitter. They are buying the tweet’s certificate, which shows their ownership of the tweet and unique because the original owners sign the certificate. Weeks ago, news broke out of Justin Sun’s bid on the asset and his willingness to pay around $500,000 for the tweet.

After the successive bids, Justin Sun upped his bid to $2 million but lost to Sina Estavi. Estavi is the CEO of Bridge Oracle, which is on the Tron blockchain. Interestingly, Tron’s CEO, Justin Sun, also showed some interest in the tweet.

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Sun has been on the news recently due to his interest in non-fungible tokens. The entrepreneur also bided on Beeple’s costly artwork before losing to Metakovan, the art piece’s recently unmasked winner. Dorsey’s move to sell his tweet is due to his philanthropist work and has revealed that the money would be sent to charity.


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Adebayo Owotunse (Nigeria)

Adebayo Owotunse is a versatile writer who has written hundreds of crypto articles for dozens of agencies across the years. He is now also the newest addition to the Tokenhell writers team.

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