Technology

$500,000 for a Tweet? The Number is Rising – Jack Dorsey Bidding the First-ever Tweet

Want to acquire the first thing on Twitter? Here’s Jack Dorsey’s first-ever tweet sent on March 21, 2006, and is ready to sell as an NFT (Non-Fungible Tokens).

NFT is a special kind of cryptographic token and allows transactions of items verified using the same technology. NFTs support Ethereum ERC-721 and ERC-1155 Standard.

NFTs are different than many other cryptocurrencies and are not interchangeable. NFTs are gaining fame among the masses and artists are recognizing this technology to sell their work online.

Recently, Grimes made big use of this technology when she sold her crypto art NFT collection for $6 million.

Jack Dorsey is selling his tweet on Valuables, receiving the highest bid of $500,000 (at the time of writing this content.)

When you buy an NFT via Valuables, you’re actually buying a unique “digital certificate of the tweet, unique because it has been signed and verified by the creator.” Or you could say it’s an autograph you get only when you make the highest offer.

It is also said that when you buy the tweet it would remain available to the public on Twitter.

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