First ever Tweet auctioned for $2.9 million

On Monday, Jack Dorsey’s first tweet was sold for $2.9 million to Sina Estavi, the CEO of Bridge Oracle after having out bid Tron founder, Justin Sun.

The bidding took place on the “Valuables” platform , where users are required to log on via their Twitter account to verify that tweets listed for sale are done so by their true creators.

Sina Estavi said about the winning bid:

″[B]y bidding on Jack Dorsey’s first tweet of history and Elon Musk’s NFT, I wanted to emphasize the importance of NFTs on [the] future of crypto and tech sphere. I [also] wanted to encourage involving in charities in the crypto space.”

According to “Valuables,” the tweet will “continue to live on Twitter,” but the winning bidder will now own the NFT, “signed and verified by the creator,” like a virtual autograph.

Earlier this month, Dorsey announced that all proceeds from this NFT sale would be converted to bitcoin and donated to GiveDirectly, an organization helping those living in poverty in Africa.

“Sent to @GiveDirectly Africa fund,” Dorsey tweeted on Monday after the bid ended. “Thank you, @sinaEstavi.”

It is impossible these days to go a day without seeing another NFT up for sale or another famous person or entity releasing one. It is an evident hype and even the New York Guggenheim is setting itself up to display NFT art in their museum.

Responding to this “hype” is Monthy Python’s John Cleese, who recently but his iPad drawing “BrooklynbridgeNFT” up for sale with the auction ending on April Fools’ Day.

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