They auctioned the first tweet for $ 2.9 million



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The image of the tweet “Configurando mi cuenta Twttr” (“Just configure my twttr”), that the co-founder of the social network Jack Dorsey published in March 2006 was for sale on the Valuables platform and was acquired by the entrepreneur Sina Estavi.

The sale was made using a brand new digital format, the “NFT”, acronym of the term non-fungible token in English. This tool allows associate with any virtual object (an image, a photo, an animation, a video or a piece of music) a certificate of authenticity which makes it unique.

Said certificate is theoretically tamper-proof and cannot be duplicated and was created using a technology called “blockchain”, the same one used by cryptocurrencies like bitcoin.

Twitter chief sold his cryptocurrency tweet ethereal (also known as ether) for the equivalent of $ 2.9 million.

Only the author can sell the tweet as “NFT” after verification, according to Valuables, a company created in December 2020 that has no major connection with Twitter. After the transaction, Dorsey’s post remains visible to everyone online unless he or Twitter decides otherwise.

Valuables keeps 5% of the profits from the sale and the rest goes to the seller, he told the agency AFP a spokesperson for the platform.

Now the newest buyer appears to be looking for an expansion to his collection, as he offered $ 1.1million for a tweet from Tesla boss Elon Musk, who later said he would take his tweet off sale. This Monday, however, it could still be seen on the Valuables platform.



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