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Bidding on NFT of First-Ever Tweet Ends Today; Top Offer Remains at $2.5M
The first-ever tweet was sent by Twitter founder and CEO Jack Dorsey 15 years ago today.
The auction of a tokenized version of the first tweet ever sent is due to end in a few hours with a top bid of $2.5 million, where it's been stuck for more than two weeks.
STORY CONTINUES BELOW
- The first-ever tweet was sent by Twitter founder and CEO Jack Dorsey 15 years ago today:
just setting up my twttr
— jack⚡️ (@jack) March 21, 2006
- Earlier this month, Dorsey called attention to a tokenized version of that tweet on the non-fungible token (NFT) platform Valuables.
- Even though the tweet was minted in December 2020, Dorsey’s action ignited a brief bidding war between Justin Sun, the founder of Tron and the CEO of BitTorrent, and Sina Estavi, whose LinkedIn profile describes him as CEO of Malaysia-based (and Tron-affiliated) Bridge Oracle.
- Estavi's $2.5 million offer has been the high bid since March 6.
- While there was initial skepticism as to whether Dorsey would actually "sell" the NFT of the tweet, on March 9 he said via tweet (how else?) that the auction would end on March 21 and that he would accept the winning bid.
Ending this March 21st
— jack⚡️ (@jack) March 9, 2021
Will immediately convert proceeds to #Bitcoin
And send to @GiveDirectly Africa Response
- GiveDirectly is a non-profit organization that specializes in giving direct cash transfers to low-income people, without strings attached. “Africa response” in Dorsey’s tweet likely refers to its “COVID-19 Africa Response” campaign.
- Given Twitter is based in San Francisco, it's possible Dorsey won't consider the auction over until midnight West Coast time.
Read more: How to Create, Buy and Sell NFTs
Kevin Reynolds
Kevin Reynolds was the editor-in-chief at CoinDesk. Prior to joining the company in mid-2020, Reynolds spent 23 years at Bloomberg, where he won two CEO awards for moving the needle for the entire company and established himself as one of the world's leading experts in real-time financial news. In addition to having done almost every job in the newsroom, Reynolds built, scaled and ran products for every asset class, including First Word, a 250-person global news/analysis service for professional clients, as well as Bloomberg's Speed Desk and the training program that all Bloomberg News hires worldwide are required to take. He also turned around several other operations, including the company's flash headlines desk and was instrumental in the turnaround of Bloomberg's BGOV unit. He shares a patent for a content management system he helped design, is a Certified Scrum Master, and a veteran of the U.S. Marine Corps. He owns bitcoin, ether, polygon and solana.
