The first ever tweet on the social media platform is up for sale. This was stated by the company’s founder Jack Dorsey as he listed his famous post – “just setting up my twttr”, to be sold as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs).
The offers for the first ever Tweet that was sent in March of 2006 and was sent from Dorsey’s account on Twitter started to come in early as soon as the news of the sale went out. The offers went up as high as $88,888.88 within minutes of a tweet from the Twitter co-founder about the sale and which contained a link to the listing on ‘Valuables by Cent’ – a marketplace for buying and selling tweets.
According to analysts, it appears that the tweet was put up for sale in December – as suggested by some of the older offers for the tweet. But the tweet by Dorsey last Friday seemed to draw more attention to the listing of the tweet for sale.
NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media.
The 25 year old tweet sent out by Dorsey is amongst the most famous tweets ever on the social media platform and analysts said that the tweet could draw in bidders to pay a significantly high price for the digital memorabilia. According to reports, the highest bid so far for the tweet stands at $ $2 million.
The highest offer is an updated offer that was made by crypto currency pioneer Justin Sun who also previously won an auction that was held for Warren Buffett’s charity dinner.
“I have updated my offer to 2 million USD,” Sun tweeted.
The purchasing of a tweet is compared to the buying an autographed baseball card b tgfhe platform Valuables which was launched just three months ago.
“There is only one unique signed version of the tweet, and if the creator agrees to sell, you can own it forever,” it said.
According to the Valuables website, the purchasers of a tweet will be are generally given an autographed digital certificate that is signed using cryptography and will include any and all metadata of the original tweet.
The tweet in question will also continue to be available on the Twitter website.
(Adapted from Reuters.com)