Beautiful Virgin Islands

Tuesday, Jun 03, 2025

Twitter CEO's First Tweet Sold For $2.9 Million As Non-Fungible Token

Twitter CEO's First Tweet Sold For $2.9 Million As Non-Fungible Token

The tweet is in the form of a non-fungible token (NFT) - a kind of unique digital asset that has exploded in popularity so far in 2021.
Twitter boss Jack Dorsey sold his first tweet as an NFT for just over $2.9 million dollars on Monday.

The tweet is in the form of a non-fungible token (NFT) - a kind of unique digital asset that has exploded in popularity so far in 2021.

Each NFT has its own blockchain-based digital signature, which serves as a public ledger, allowing anyone to verify the asset's authenticity and ownership.

The tweet - "just setting up my twttr" - was Dorsey's first tweet, made on March 21, 2006. https://twitter.com/jack/status/20

The NFT was sold via auction on a platform called Valuables, which is owned by the U.S.-based company Cent.

It was bought using the cryptocurrency Ether, for 1630.5825601 ETH, which was worth $2,915,835.47 at the time of sale, Cameron Hejazi, the CEO and co-founder of Cent confirmed.

Cent confirmed the buyer is Sina Estavi. Estavi's Twitter profile, @sinaEstavi, says he is based in Malaysia and is CEO of the blockchain company Bridge Oracle. Estavi told Reuters he was "thankful" when asked for comment about the purchase.

On March 6, Dorsey, who is a bitcoin enthusiast, tweeted a link to the website where the NFT was listed for sale. He then said in another tweet on March 9 that he would convert the proceeds from the auction into bitcoin and donate them to people impacted by COVID-19 in Africa.

Dorsey receives 95% of the proceeds of the primary sale, while Cent receives 5%.

Cent CEO Cameron Hejazi said that his platform allows people to show support for a tweet that goes beyond the current options to like, comment and retweet.

"These assets might go up in value, they might go down in value, but what will stay is the ledger and the history of 'I purchased this from you at this moment in time' and that's going to be in both the buyer, the seller and the public spectators' memory," Hejazi said, adding that this was "inherently valuable."
Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
China Accuses US of Violating Trade Truce
Panama Port Owner Balances US-China Pressures
France Implements Nationwide Outdoor Smoking Ban to Protect Children
German Chancellor Merz Keeps Putin Guessing on Missile Strategy
Mandelson Criticizes UK's 'Fetish' for Abandoning EU Regulations
British Fishing Boat Owner Fined €30,000 by French Authorities
Dutch government falls as far-right leader Wilders quits coalition
Harvard Urges US to Unfreeze Funds for Public Health Research
Businessman Mauled by Lion at Luxury Namibian Lodge
Researchers Consider New Destinations Beyond the U.S.
53-Year-Old Doctor Claims Biological Age of 23
Trump Struggles to Secure Trade Deals With China and Europe
Russia to Return 6,000 Corpses Under Ukraine Prisoner Swap Deal
Microsoft Lays Off Hundreds More Amid Restructuring
Harvey Weinstein’s Publicist Embraces Notoriety
Macron and Meloni Seek Unity Despite Tensions
Trump Administration Accused of Obstructing Deportation Cases
Newark Mayor Sues Over Arrest at Immigration Facility
Center-Left Candidate Projected to Win South Korean Presidency
Trump’s Tariffs Predicted to Stall Global Economic Growth
South Korea’s President-Elect Expected to Take Softer Line on Trump and North Korea
Trump’s China Strategy Remains a Geopolitical Puzzle
Ukraine Executes Long-Range Drone Strikes on Russian Airbases
Conservative Karol Nawrocki wins Poland’s presidential election
Study Identifies Potential Radicalization Risk Among Over One Million Muslims in Germany
Good news: Annalena Baerbock Elected President of the UN General Assembly
Apple Appeals EU Law Over User Data Sharing Requirements
South Africa: "First Black Bank" Collapses after Being Looted by Owners
Poland will now withdraw from the EU migration pact after pro-Trump nationalist wins Election
"That's Disgusting, Don’t Say It Again": The Trump Joke That Made the President Boil
Trump Cancels NASA Nominee Over Democratic Donations
Paris Saint-Germain's Greatest Triumph Is Football’s Lowest Point
OnlyFans for Sale: From Lockdown Lifeline to Eight-Billion-Dollar Empire
Mayor’s Security Officer Implicated | Shocking New Details Emerge in NYC Kidnapping Case
Hegseth Warns of Potential Chinese Military Action Against Taiwan
OPEC+ Agrees to Increase Oil Output for Third Consecutive Month
Jamie Dimon Warns U.S. Bond Market Faces Pressure from Rising Debt
Turkey Detains Istanbul Officials Amid Anti-Corruption Crackdown
Taylor Swift Gains Ownership of Her First Six Albums
Bangkok Ranked World's Top City for Remote Work in 2025
Satirical Sketch Sparks Political Spouse Feud in South Korea
Indonesia Quarry Collapse Leaves Multiple Dead and Missing
South Korean Election Video Pulled Amid Misogyny Outcry
Asian Economies Shift Away from US Dollar Amid Trade Tensions
Netflix Investigates Allegations of On-Set Mistreatment in K-Drama Production
US Defence Chief Reaffirms Strong Ties with Singapore Amid Regional Tensions
Vietnam Faces Strategic Dilemma Over China's Mekong River Projects
Malaysia's First AI Preacher Sparks Debate on Islamic Principles
White House Press Secretary Criticizes Harvard Funding, Advocates for Vocational Training
France to Implement Nationwide Smoking Ban in Outdoor Spaces Frequented by Children
×