Jack Dorsey’s first tweet sells as NXT for $ 2.9 million

Twitter owner Jack Dorsey sold his first tweet as NXT on Monday for more than $ 2.9 million dollars.

The tweet is intended as a non-stranded token – a type of unique digital asset that has exploded in popularity so far in 2021.

Each NXT has its own blockchain-based digital signature, which functions publicly, allowing anyone to verify the authenticity and ownership of the property.

The tweet – “just setting up my tweeter” – was Dorsey’s first tweet, created on March 21, 2006.

The NFT was sold through an auction on a platform called Valuables, which is owned by the US-based company Cent.

It was purchased using Cryptocurrency Ether for 1630.5825601 ETH, priced at $ 2,915,835.47 at the time of sale, confirmed by Cents CEO and co-founder Cameron Hejazi.

Sen confirmed that the buyer is Sina Estavi. Astavi’s Twitter profile, @sinaEstavi, says he is based in Malaysia and is the CEO of the blockchain company Bridge Oracle. Estavi told Reuters that he was “grateful” when asked for comment about the purchase.

On March 6, Dorsey, who is a bitcoin enthusiast, tweeted a link to the web site where NXT was listed for sale. He then said in another tweet on March 9 that he would convert the proceeds from the auction to bitcoins and donate them to those affected by COVID-19 in Africa.

Dorsey receives 95 percent of primary sales income, while Saint receives 5 percent.

St. CEO Cameron Hejazi said his platform allows people to show support for a tweet that likes commenting and retweeting, like current options.

“These properties can go up in value, they can go down in value, but what remains is the ledger and the history of ‘I bought it from you at this time’ and it’s going to be in both the buyer, the seller and the public.” The audience’s memory, “Hejazi said,” was inherently valuable. “

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