The founder of Twitter, Jack Dorsey, recently sold his first tweet in an auction to a Malaysia-based CEO for $2.9 million.
The tweet is in a type of a Non-Fungible Token (NFT) – a unique digital asset whose popularity has increased this year.
According to Valuables by Cent, the digital platform where the tweet was digitally auctioned, Dorsey auctioned his first tweet, which read: “just setting up my Twitter,” that was tweeted on March 21, 2006, to Sina Estavi, the Chief Executive Officer of a technology firm, Bridge Oracle.
The digital platform will get five percent of the sale.
The tweet was bought with Ether, a famous cryptocurrency that is similar to Bitcoin.
While talking about the development, Estavi tweeted: “This is not just a tweet. I think years later, people will realise the true value of this tweet; like the Mona Lisa painting.”
NFT certificate, an uncommon digital certificate that detects the owner of a photo, video, or any kind of online media will be issued to the buyer. The certificate will be digitally signed and verified by Dorsey.
The Twitter founder confirmed that the sale proceeds would go to charity.