Unbelievable! Twitter CEO Jack Dorsey’s first tweet sold for a whopping Rs 18 crore | Technology News

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Twitter CEO Jack Dorsey’s first tweet has fetched $2.4 million (a little over Rs 18 crore) within the public sale, which the billionaire would donate in Bitcoins to a charity.

The bid for a 15-year-old tweet on March 6, 2006 (saying `simply establishing my twttr`) put up for public sale as an NFT (non-fungible token) on a platform known as Valuables has reportedly been gained by Sina Estavi, CEO of tech firm Bridge Oracle.

Dorsey had mentioned in an earlier tweet: “Ending this March 21st. Will immediately convert proceeds to #Bitcoin. And send it to @GiveDirectly Africa Response”.

NFT is a digital good on the Ethereum blockchain which permits folks to purchase and promote possession of distinctive digital objects and maintain monitor of who owns them utilizing the blockchain.

According to Valuables, “What you are purchasing is a digital certificate of the tweet, unique because it has been signed and verified by the creator”.

The artist Grimes just lately sold a number of NFT objects for practically $6 million. An NFT of LeBron James making a historic dunk for the Lakers garnered greater than $200,000.

On March 11, an NFT of a work by digital artist Mike Winkelmann sold for $69 million at Christie’s, making him “among the top three most valuable living artists”.

Non-fungible means you possibly can`t change it for one other factor of equal worth.





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