Jack Dorsey, the CEO of the popular Microblogging platform, Twitter, who owns the first-ever tweet on the platform has minted it on Cent, a service powered by Ethereum, in order to auction it off as a non-fungible token (NFT).
The tweet posted by Jack Dorsey on 21st March 2006 says “just setting up my twttr.”
just setting up my twttr
— jack (@jack) March 21, 2006
Around 8:00 pm eastern time, the top bid on the tweet was $88,888.88 worth of ETH. The bid came from a user known as “@Crypto888crypto.” The auction will remain until Dorsey accepts a bid.
— jack (@jack) March 6, 2021
Cent is a service powered by Ethereum blockchain, which allows users to mint, sell and bid on non-fungible tokens (NFTs) of tweets.
According to the platform, “The tweet itself will continue to live on Twitter. What you are purchasing is a digital certificate of the tweet, unique because it has been signed and verified by the creator.”
All interested users are free to bid on the first-ever tweet on the platform. They can bid on the item with the digital token ETH since the transaction is taking place on the Ethereum blockchain.
Non-Fungible Token (NFT) Continues To Grow In Popularity
Non-fungible token (NFT) has been gaining much-needed attention since its emergence.
As Decrypt reported, In February 2021 alone, the top three NFT marketplaces, such as NBA Top Shot, OpenSea, and Beeple had a combined trading volume of relatively $342 million.
HeraldSheets.com produces top quality content for crypto companies. We provide brand exposure for hundreds of companies. All of our clients appreciate our services. If you have any questions you may contact us. Cryptocurrencies and Digital tokens are highly volatile, conduct your own research before making any investment decisions. Some of the posts on this website are guest posts or paid posts that are not written by our authors and the views expressed in them do not reflect the views of this website. Herald Sheets is not responsible for the content, accuracy, quality, advertising, products or any other content posted on the site. Read full terms and conditions / disclaimer.