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Twitter CEO Jack Dorsey Auctions First-Ever Tweet as NFT

After Dorsey tweeted about the auction, the post received offers that went as high as $88,888.88 (roughly Rs. 65,05,000) within minutes.

“Just setting up my twttr” – the first ever tweet on the platform is available to be sale after Twitter CEO Jack Dorsey listed his well known post as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs).

The post, sent from Dorsey’s account in March of 2006, got offers on Friday that went as high as $88,888.88 (generally Rs. 64.04 lakh) within minutes of the Twitter co-founder tweeting a link to the listing on ‘Value by Cent’ – a tweets marketplace. Old offers for the tweet suggest that it was put for sale in December, yet the listing gained more attention after Dorsey’s tweet on Friday.

NFTs are digital files that serve in as digital signatures to certify who owns photographs, recordings and other online media.

Dorsey’s 15-year old tweet is one of the most famous tweets ever on the platform and could attract bidders to pay a high price for the digital memorabilia. The highest bid for the tweet stood at $100,000 (roughly Rs. 73.1 lakh) at 0125 GMT (6:55am IST) on Saturday.

Launched three months ago, Valuables compares the buying of tweets and buying a signed baseball card. “There is only one unique signed version of the tweet, and if the creator agrees to sell, you can own it forever.”

A tweet’s buyers will get a signed digital certificate, signed using cryptography, that will include metadata of the original tweet, as according by the Valuables site. The tweet will continue on being available on the Twitter website.