Saturday, April 10, 2021

Someone Just Paid 1,630 ETH Worth $2.9 Million for Jack Dorsey’s First-Ever Tweet NFT

The first-ever tweet posted by Twitter CEO Jack Dorsey has been sold as a non-fungible token (NFT) for 1630 ETH worth $2.9 million at the time of purchase.

The tweet dated 21st March 2006 was released for auction by Jack Dorsey on 15th December 2020.

Read Also: Twitter’s Jack Dorsey Selling First Tweet Ever on Ethereum-Powered Service, Receives $88,888.88 In ETH Bid

The tweet reads thus, “just setting up my twttr.” 

Sina Estavi Won the Auction after Three Months

As aforementioned, the tweet was placed on action on Valuables about three months ago. It was finally won a few hours ago by Sina Estavi, the CEO of Bridge Oracle.

The NFT was sold for the sum of 1630.58 ETH worth $2.9 million at current prices.

Read Also: Social Token Platform Roll Powered by Ethereum Exploited, Loses 3,000 ETH Worth $5.7 Million

ICO Analytics tweeted, “Valuables just closed the auction for NFT of the first ever tweet. The tweet by ​​Twitter CEO Jack Dorsey was sold to Sina Estavi for $2.9M.”

Estavi managed to beat the CEO of Tron (TRX) Justin Sun who bid $2 million for the prestigious NFT about two weeks ago.

While the bidding was still on, the Twitter CEO revealed that the proceeds from the sale will go to charity.

Read Also: Elon Musk Admits He Will Never Turn Down the Chance of Getting Paid in Bitcoin (BTC)

Beeple Still Holds the NFT Sale’s Record While More Players Join the Market

The NFT emerging market has gained vast popularity since the beginning of the year. Many notable personalities and organizations are unexpectedly joining the craze of the nascent market.

So far, Beeple, the digital artist who is now an NFT legend, currently holds the record NFT sale at Christie for $69 million.

As recently reported by Herald Sheets, TIME, an American news magazine, has also announced that it is auctioning three first-ever NFTs inspired by its most iconic covers.

Many expect the NFT market to continue to get bigger as it gains much-needed attention across the world.

Read Also: Crypto Whale Moved 121,252 ETH worth $25,680,152 to an Unknown Wallet

A lot of people still don’t understand the need for spending so much to acquire what could later become worthless. However, with the look of things, NFT will keep trending until buyers and sellers lose interest.


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Tobi Loba
Tobi-Loba is a creative and an award-winning writer with over 5 million readers from all over the world. She has B.A in English and Literature from a reputable University and currently studying for her M.A in the same field. She recently became a contributor at Herald Sheets in order to satisfy her thirst in reporting crypto and blockchain occurrences, the interest she built over the years.

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