Home Topics Business For the first time, Twitter's Dorsey auctions are tweeting as digital memorabilia

For the first time, Twitter’s Dorsey auctions are tweeting as digital memorabilia

© Reuters. FILE PHOTO: Jack Dorsey, Square CEO and CEO of Twitter, speaks on the floor of the New York Stock Exchange during an interview with CNBC following the IPO of Square Inc.

(Reuters) – “Just Setup My Twttr” – The first tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for the sale of tweets as non-fungible tokens (NFTs) Has ).

The post, sent from Dorsey’s account in March 2006, received offers on Friday that rose to 88,888 within minutes of the Twitter co-founder tweeted a link to the listing on Valuables by Cent, a tweets marketplace. Was $ 88.

Old listings for the tweet suggest it went on sale in December, but the listing got more attention after Dorsey’s tweet on Friday.

NFTs are digital files that serve as digital signatures to confirm who owns photos, videos, and other online media.

Dorsey’s 15-year-old tweet is one of the most iconic tweets on the platform and could lead bidders to pay a high price for the digital memorabilia. The highest bid for the tweet was $ 100,000 on Saturday at 0125 GMT.

Valuables launched three months ago and compares buying Tweets to buying a signed baseball card. “There is only one signed version of the tweet. If the creator approves the sale, you can own it forever.”

The buyer of a tweet receives a signed digital certificate that is signed with cryptography and contains metadata of the original tweet, according to the Valuables website. The tweet will still be available on the Twitter website.

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