Chiliz hit the billion-dollar crypto club with the massive surge at a market cap of $1.49 billion at press time. Dorsey's 15-year old tweet is one of the most famous tweets ever on the platform and could attract bidders to pay a high price for the digital memorabilia. Twitter CEO Jack Dorsey Auctions First-Ever Tweet as NFT. It also says that the tweet will remain live after the NFT purchase as the buyer will receive a unique digital certificate of the tweet that is signed and verified by the creator. 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"just setting up my twttr" - the primary ever tweet on the platform is up on the market after Twitter boss Jack Dorsey listed his well-known put up as a He has pledged to donate all of it to charity. Last week alone it enjoyed a surge of around 363.8%. According to Valuables, 95% of the sale total goes to the original tweet creator, with the platform taking the remaining 5%. All rights reserved. Twitter CEO and co-founder Jack Dorsey will convert the proceeds from the NFT auction of his first-ever tweet from 2006 to bitcoin. © Copyright Red Pixels Ventures Limited 2021. Daily signals, Bitcoin analytics and traders chat. It seems that all eyes are on NFTs lately, with a keen eye on Doge. The tweet will continue to be available on the Twitter website. 64.04 lakh) within minutes of the Twitter co-founder tweeting a link to the listing on 'Valuables by Cent' - a tweets marketplace. The post, sent from Dorsey's account in March of 2006, received offers on Friday that went as high as $88,888.88 (roughly Rs. After Jack Dorsey promoted an auction on the site Valuables for an NFT of his very first tweet, the bids for “just setting up my twttr” reach $2.5M — Apparently you can actually sell your tweets as NFT — Jack Dorsey, the billionaire co-founder and CEO of Twitter … Each one is unique and can’t be replicated. TWITTER CEO Jack Dorsey is trying to sell his first-ever tweet as an NFT collector's item and his highest bidder has offered $2.5million. The NFT or ‘non-fungible token’ movement has been in the spotlight after Dorsey announced that he was selling a tweet that has been digitally free for almost 15 years. HONG KONG. Anirudh works in the financial markets along with being a cryptocurrency and blockchain enthusiast. BiC Crypto Video News Show: XRP Pump and Dumps, How Will Regulators Respond? The winner is entitled to a “digital certificate of the tweet,” per an FAQ on the Valuables website. “just setting up my twttr” – the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs). Shared from zerohedge.com “just setting up my twttr” – the first ever tweet on the platform is up for sale. Justin Sun is the new high bidder with a $2 million offer. Dorsey - a 44-year-old billionaire who co-founded Twitter with Ev Williams, Biz Stone and Noah Glass in 2006 - has already received a handful of offers on his first tweet. 73.1 lakh). The NFT boom has also seen a lot of action from Canadian musician Grimes, actress Lindsay Lohan, Taco Bell, even the obscure artist Banksy. BEINNEWS ACADEMY LTD © STREET: SUITE 1701 – 02A, 17/F, 625 KING’S ROAD, NORTH POINT. After Dorsey tweeted about the auction, the post received offers that went as high as $88,888.88 (roughly Rs. What are Crypto Wallets? Twitter CEO Jack Dorsey Auctions First-Ever Tweet as NFT; EFCC invites Ondo Speaker, Clerk over alleged fraud; Central Bank Of Nigeria To Pay N5 For Every $1 Sent And Received From Abroad; Meghan accuses British royals of racism, says they pushed her to brink of suicide; Oil Price Hits $71.28 Per Barrel Dorsey put up his famous first tweet as an NFT (“non-fungible token”) on the Valuable NFT auction site on March 5. 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Warum bieten Menschen so … Are Amazonbasics TVs Good Enough to Beat Mi TVs in India? 73.1 lakh). The highest bid for the tweet is currently $2.5 million. For example, the certificate for the Jack Dorsey first tweet, at the time this article was written, had a high bid of $294,444. An NFT is a verifiable digital asset securely backed by blockchain technology. Twitter CEO and co-founder Jack Dorsey will convert the proceeds from the. Twitter co-founder and CEO Jack Dorsey now plans to convert the proceeds from the NFT auction of his first tweet to bitcoin and donate them to charity. The auction will end on March 21st, and he plans to donate the bitcoin to Give Directly, a … auction of his first-ever tweet from 2006 to bitcoin. The highest bid for the tweet stood at $100,000 (roughly Rs. In a stunning move, Twitter founder and CEO Jack Dorsey has put up his first-ever tweet posted on the social media platform for sale after minting the tweet on blockchain. Read Time: 1 Minute, 36 Second “simply establishing my twttr” – the primary ever tweet on the platform is up on the market after Twitter boss Jack Dorsey listed his well-known publish as a novel digital signature on a web site for promoting tweets as non-fungible tokens (NFTs). 0 0 . NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media. Valuables specializes in auctioning certificates of significant tweets, as they provide a one of a kind narrative around the tweet. The highest bid for the tweet stood at $100,000 (roughly Rs. March 6, 2021 March 6, 2021. Die Angebote liegen zurzeit bei mehreren Millionen Dollar. With both Tesla CEO Elon Musk and Cuban backing it, the road ahead is wide open for opportunity. Get a beginners guide from _BeInCrypto Academy_ now! This news adds to the price of Bitcoin rebounding in the market. Non-fungible mean you can't exchange it for another thing of equal value. Bitcoin supporter and Twitter CEO Jack Dorsey, a billionaire from Silicon Valley, has eventually entered the NFT craze. While the auction ends on March 21, he plans on donating bitcoins to Give Directly. Old offers for the tweet suggest that it was put for sale in December, but the listing gained more attention after Dorsey's tweet on Friday. The auction for the tweet, sent in March 2006, will close when Dorsey accepts a bid. The post, sent from Dorsey’s account in March of 2006, received offers on Friday […] Apart from work, he is a music connoisseur and likes to play the drums. Launched three months ago, Valuables compares the buying of tweets with buying an autographed baseball card. A tweet's buyer will get an autographed digital certificate, signed using cryptography, that will include metadata of the original tweet, according to the Valuables website. Jack Dorsey listed the tweet for sale earlier today The Ethereum based Valuable NFT marketplace allows users to buy and sell tweets autographed by their original creators The founder and CEO of Tron, Justin Sun , has just bid half a million dollars for Jack Dorsey’s first tweet on the social media platform. Ethereum (ETH) Prepares to Smash Through the $1,500 Barrier. 73.1 lakh) at 0125 GMT (6:55am IST) on Saturday. The value added over merely looking at the tweet itself can be worth hundreds of thousands of dollars. The current highest bid was made Saturday evening. "just setting up my twttr" - the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs). .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; }. Twitter CEO Jack Dorsey Sparks Huge Bidding War As $400 Million NFT Crypto Mania Spirals Out Of Control Billy Bambrough Contributor Opinions expressed by … A bidding war swiftly ensued. Twitter CEO Jack Dorsey he wants to sell his first-ever tweet as an NFT. Stay tuned with daily newsletters that make reading the news simple and enjoyable. Want to learn how to trade? He has pledged to donate all of it to charity. According to Valuables, a counter-offer must exceed the present offer by $1 or 10%, depending on which is more. "just setting up my twttr" - the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs).The post, sent from Dorsey's account in March of 2006, received offers on Friday that went as high as $88,888.88 (roughly Rs. Der Twitter-Chef Jack Dorsey sucht einen Käufer für seinen ersten Tweet. Everything You Need to Know. Why Did Satoshi Nakamoto Choose 21M as Bitcoin’s Maximum Supply? On Friday, Jack Dorsey noted that an individual could publicly bid on Valuables, a non-fungible token (NFT) platform, to … The current highest bid was made Saturday evening. Join our Telegram Group and get trading signals, a free trading course and daily communication with crypto fans! You will receive mail with link to set new password. This post was shared from the zerohedge.com's RSS feed . "There is only one unique signed version of the tweet, and if the creator agrees to sell, you can own it forever.". Jack Dorsey Is Auctioning His First Tweet Ever As An NFT… And It's Now Worth Over $2MM. Dorsey put up his famous first tweet as an NFT (“non-fungible token”) on the Valuable NFT auction site on March 5. Dorsey has finally made his grand entrance to the scene, after a long wait. Twitter CEO Jack Dorsey is selling the first-ever published tweet as an NFT, a kind of digital collector's item. All funds from auction will be converted to bitcoin. The Verge was founded in 2011 in partnership with Vox Media, and covers the intersection of technology, science, art, and culture. We discussed this on Orbital, our weekly technology podcast, which you can subscribe to via Apple Podcasts, Google Podcasts, or RSS, download the episode, or just hit the play button below. Lost or forgotten your password? A bidding war swiftly ensued. In a stunning move, Jack Dorsey has put up his first ever tweet posted on Twitter for sale after minting the tweet as a NFT. 65,05,000) within minutes. On Valuables, Jack Dorsey auctioned off his first tweet as a non-fungible token. The post will remain on Twitter after it has been auctioned off, with the buyer receiving a digitally signed and verified certificate as “proof” of ownership. The auction will also remain live until Jack Dorsey accepts a bid. For the latest videos on gadgets and tech, subscribe to our YouTube channel. Dorsey’s announcement that the proceeds would go to charity is just the cherry on top of the NFT surge. There was no official announcement when the auction would end or that proceeds would be going to charity. Join our Telegram today! The NFT refers to a unit of currency on the Blockchain, the way cryptocurrency like Bitcoin is bought and sold. For the latest tech news and reviews, follow Gadgets 360 on Twitter, Facebook, and Google News. Twitter co-founder and CEO Jack Dorsey now plans to convert the proceeds from the NFT auction of his first tweet to bitcoin and donate them to charity. Dogecoin (DOGE) has surged about 19% in the last 48 hours. Grimes is the latest artist to get in on the NFT gold rush, selling around $6 million worth of digital artworks after putting them up for auction yesterday.