Twitter CEO Jack Dorsey sold the first-ever published tweet as an NFT, a digital collector's item of sorts. The final bid was $2.9 million.

The tweet, which said, "just setting up my twttr," was published on March 21, 2006. It has been shared more than 120,000 times and liked more than 160,000 times. A digitally autographed version was purchased 15 years later, almost to the day, by Sina Estavi, the CEO of Malaysian blockchain service Bridge Oracle.

"This is not just a tweet! I think years later people will realize the true value of this tweet, like the Mona Lisa painting," Estavi tweeted Monday.

Estavi bought the non-fungible token, or NFT, tweet on "Valuables," a digital platform that allows for the buying and selling of tweets autographed by their creators. He paid for the using the cryptocurrency Ether, according to the website where the tweet was sold.

Dorsey said he will immediately convert the money from the sale to Bitcoin and the proceeds will be sent to Give Directly Africa Fund, a charity that helps people in poverty.

NFTs, have picked up steam in recent months as a popular technology to sell digital art and other musings such as drawings or music. An NFT is a unique digital token which effectively verifies authenticity and ownership. It is encrypted with the artist's signature on the blockchain, a digital ledger used in cryptocurrencies such as bitcoin.

In recent weeks, NFTs have sold for seven or even eight figures, mirroring a broader market euphoria currently propping up stocks, sports trading cards and cryptocurrencies.

Comments

$114.28m COVID-19 loan: SERAP asks World Bank to make Nigeria ‘publicly commit to transparency’

Socio-Economic Rights and Accountability Project, (SERAP) has sent an open letter to the World Bank President Mr David Malpass, urging him to use his “good offices to encourage the Federal Government and 36 state governments to publicly commit to transparency and accountability in the spending of the $114.28m credit and grant for COVID-19, which the Bank’s Board of Directors recently approved for Nigeria, including by publishing details on a dedicated websit". SERAP also urged Mr Malpass to “put pressure on authorities and the 36 state governors to accept voluntary scrutiny by Nigerians and civil society regarding the spending of the funds and use of the resources, including on how they will spend the money to buy medical equipment, and improve access to clean water, sanitation and hygiene" The World Bank Board of Directors last Friday approved a $114.28 financing “to help Nigeria prevent, detect and respond to the threat posed by COVID-19 with a specific focus on state level...

Two Suspected Robbers Burnt To Death By Angry Mob Over Attempt To Steal Tricycle In Anambra

Two yet-to-be identified men have been burnt by some angry youths around Ekwusigo, Ekwusigo Local Government Area of Anambra State. They were allegedly caught while they were attempting to steal a tricycle, popularly known as Keke Napep, from its owner. This caught the attention of some people who mobbed and started beating them. The two were beaten to a pulp before they were later burnt to death. Details of the incident were still sketchy as at the time of filing the report.

Shocking pictures of ghost town in Aba, Abia state

Many react as the ever busy Aba market blew dry as citizens massively obey the sit-at-home ordered by the angry Indigenous people of Biafra. From the pictures evidence you can see how deserted the roads looks and how shops are closed up. Contrary to a story that went wild yesterday on the internet Concerning the IPOB canceling the sit!-at-home order, came another which clearly debunked the cancellation of the sit-at-home order as propaganda. According to the Indigenous people of Biafra, the sit-at-home must continue to be observed every Monday until Mazi Nnamdi Kanu is unconditionally release from the DSS custody.

ExtMedia

Search This Blog