Crypto user offers $ 100K for Elon Musk’s tweet on proposed NFT

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All the fashionable aspects of the crypto space – non-fungible tokens, institutional adoption of Bitcoin, quirk of Dogecoin – have found their place with Tesla CEO Elon Musk.

In a tweet today, the billionaire claims he would sell a non-fungible musical token, or NFT, with lyrics based on the hype surrounding the technology: “It’s verified, it’s guaranteed.” The music video playing the song features a pair of diamond hands under the moon with Shiba Inu dogs – likely a reference to Dogecoin – circling.

Although the song is apparently not available in any major market yet, crypto users have already found a way to test its apparent value – by symbolizing the tweet itself.

The Musk tweet is currently listed as an NFT on the Valuables platform, allowing Twitter users to bid on digital versions of any tweet. Less than an hour after Musk wrote on the song, the bidding went from $ 3 to $ 100,000 and included offers the chairman of the WSBC and the curator of NFT Loopify.

At the time of publication, the highest bid of $ 100,000 is from Twitter user mondoir – an Iran-based Bitcoiner. They claim they haven’t blocked any amount of Ether (ETH) for their offering – around 53.89 ETH.

“We all know Elon Musk will never sell or take an offer to sell his tweets,” mentionned mondoir. “My offer to buy his tweet was a strategic decision and just for a laugh.”

According to Valuables, if Musk accepted an offer on the tokenized tweet, he would receive 95% of the ETH offer in a wallet address that he provided “within the hour.”

While it’s not clear if Musk intends to put the NFT up for sale in a marketplace like Nifty, the offer may relate to a recent Tesla filing with the U.S. Securities and Exchange Commission. . Musk said he would retain his CEO title, but also called himself a “Technoking of Tesla.”