Jack Dorsey Twitter

Bidding for Twitter Co-Founder Jack Dorsey’s First Tweet Ever Hits $3.2 Million

Twitter co-founder Jack Dorsey is selling the first-ever tweet as an NFT. The current highest bid for the non-fungible token is an astronomical AUD$3.2 million (USD$2.5 million).

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The tweet, which was published March 21, 2006, is a short five-word sentence that reads “just setting up my twttr”. It is currently listed on a platform called ‘Valuables‘, and the bidding started at a modest $80,000 USD, that is until bidding was taken over by technology entrepreneur Justin Sun, who placed a bid of USD$2 million. The highest bid currently sits at USD$2.5 million, placed by Sina Estavi, CEO of Bridge Oracle.

What is an NFT?

A non-fungible token or NFT is the virtual ownership of the original code to a virtual item. In this case, buying the NFT to the tweet is the equivalent of getting physical ownership of an item (e.g. a certificate of authenticity). Ownership of an NFT isn’t without risks, the tweet will only live as long as Jack Dorsey or Twitter chooses to keep it online.

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JOURNALIST

Ben McKimm

Ben lives in Sydney, Australia. He has a Bachelor's Degree (Media, Technology and the Law) from Macquarie University (2020). Outside of his studies, he has spent the last decade heavily involved in the automotive, technology and fashion world. Turning his passion and expertise into a Journalist position at Man of Many where he continues to write about everything that interests the modern man. Conducting car reviews on both the road and track, hands-on reviews of cutting-edge technology and employing a vast knowledge in the space of fashion and sneakers to his work. One day he hopes to own his own brand.