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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