The co-founder and CEO of Twitter, Jack Dorsey has put the first tweet in the world up for auction as an NFT (Non-fungible token) to celebrate the social media platform’s 15th anniversary!
For those who didn’t know, an NFT is a unique digital asset that is stored on a digital ledger, also known as the blockchain and can make money once someone buys it with cryptocurrency.
just setting up my twttr
— jack (@jack) March 21, 2006
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Malaysia has yet again placed itself under the global spotlight after a Malaysia-based CEO of a blockchain company, Bridge Oracle, Sina Estavi bought the tweet for a whopping RM11.9 million!
According to Bloomberg, Sina Estavi paid Twitter's co-founder $2.9 million to buy his first tweet.
On Tuesday, Sina tweeted: “This is not just a tweet! I think years later people will realise the value of this tweet, like the Mona Lisa painting.”
This is not just a tweet!
— Estavi (@sinaEstavi) March 22, 2021
I think years later people will realize the true value of this tweet, like the Mona Lisa painting https://t.co/vnA5pz3esQ
Dorsey also took to his Twitter to announce that he had officially sold the world’s first-ever tweet, and that he had converted the proceeds of the sale into Bitcoin and donated the money to GiveDirectly, a nonprofit that helps the world’s poorest.
Sent to @GiveDirectly Africa fund 🌍Thank you, @sinaEstavi. pic.twitter.com/aEZu07auLV
— jack (@jack) March 22, 2021
Wah, this is very interesting!
By: Aishah Akashah Ahadiat