1 / 4

Twitter Boss Jack Dorsey's First Tweet Sold for Just Over $2.9 Million Dollars on Monday.

By Elizabeth Howcroft,u00a0Twitter boss Jack Dorsey's first tweet sold for just over $2.9 million dollars on Monday.

aditi_agarwal2421
Download Presentation

Twitter Boss Jack Dorsey's First Tweet Sold for Just Over $2.9 Million Dollars on Monday.

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Twitter boss Jack Dorsey's first tweet sold for just over $2.9 million dollars on Monday.

  2. By Elizabeth Howcroft LONDON (Reuters) - Twitter manager Jack Dorsey sold his first tweet as a NFT for simply more than $2.9 million dollars on Monday. The tweet is as a non-fungible token (NFT) - a sort of novel advanced resource that has detonated in notoriety so far in 2021. Each NFT has its own blockchain-based computerized signature, which fills in as a public record, permitting anybody to confirm the resource's validness and possession. The tweet - "simply setting up my twttr" - was Dorsey's first tweet, made on March 21, 2006. The NFT was sold by means of closeout on a stage called Valuables, which is possessed by the U.S.- based organization

  3. Cent. It was purchased utilizing the cryptographic money Ether, for 1630.5825601 ETH, which was valued at $2,915,835.47 at the hour of offer, Cameron Hejazi, the CEO and prime supporter of Cent affirmed. Penny affirmed the purchaser is Sina Estavi. Estavi's Twitter profile, @sinaEstavi, says he is situated in Malaysia and is CEO of the blockchain organization Bridge Oracle. Estavi revealed to Reuters he was "grateful" when requested remark about the buy. On March 6, Dorsey, who is a bitcoin lover, tweeted a connect to the site where the NFT was recorded available to be purchased. He at that point said in another tweet on March 9 that he would change over the returns from the bartering into

  4. bitcoin and give them to individuals affected by COVID-19 in Africa. Dorsey gets 95% of the returns of the essential deal, while Cent gets 5%. Penny CEO Cameron Hejazi said that his foundation permits individuals to show support for a tweet that goes past the current alternatives to like, remark and retweet. "These resources may go up in esteem, they may go down in esteem, yet what will remain is the record and the historical backdrop of 'I bought this from you as of now on schedule' and that will be in both the purchaser, the vender and the public onlookers' memory," Hejazi said, adding that this was "innately significant."

More Related