Elon Musk Musical NFT On Sale For Over $100k.
2021-03-16 | Big Bob
All
the fashionable aspects of the cryptocurrency ecosystem space - non-fungible tokens, institutional adoption of Bitcoin, the quirkiness of Dogecoin - have found a home with Tesla CEO Elon Musk.
Within an official tweet today, Elon Musk
revealed that he would be selling a musical non-fungible token, or NFT, with lyrics
supporting the hype surrounding the technology: "It’s verified, it’s guaranteed." The video clip playing the song features a pair of diamond hands underneath the moon with Shiba Inu dogs - likely
regard to Dogecoin - circling.
Though the song is seemingly not yet available on any leading marketplace, cryptocurrency users have already found
how to determine its apparent value - by tokenizing the tweet itself.
The Musk tweet is presently
listed as an NFT on
the Valuables platform, which permits Twitter users
to form a suggestion on digital versions of any tweet.
But within an hour after Musk revealed about the song, the bidding rose from $3 USD to $100k and included
offers from WSBChairman and NFT curator Loopify.
At the time of reporting,
the very best bid of $100k is from Twitter user mondoir - an Iran-based Bitcoiner. They claim
to possess not locked in any amount of Ethereum [
ETH]
for the bid - roughly 53.89 ETH.
“We all know Elon Musk will never sell or accept
a suggestion to sell his tweets,”
outlined mondoir. “My offer purchase his tweet was a strategic move as just to laugh.”
In line with the Valuables, if Musk
were to simply accept any offer on the tokenized tweet, he would receive 95% of the ETH offer within the wallet address he provides "within an hour."
Though it’s unclear if Musk intends to list the NFT
Valuables on a marketplace like Nifty, the offering might also be
associated with a recent Tesla
filing with the United States SEC [Securities and Exchange Commission]. Musk added that he would retain his title as CEO, but also
mentioned himself as the "Technoking of Tesla."
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