Jack Dorsey First Tweet Bid Sold For Over $2.9 Mln.
2021-03-23 | Eddy Morgan
Bidding has closed on the auction for
the primary tweet ever tweeted by CEO Jack Dorsey, with a winning bid of over $2.9 Mln.
The
auction for the so-called genesis tweet by the Twitter co-founder earlier in March 2006 closed recently on Monday.
The winning bidder, Sina Estavi -@sinaEstavi, offered around 1630.6 ETH [-6.72%] earlier on 6
th March, which
wasn't surpassed for the remaining 16 days of the auction.
Estavi is the CEO of Bridge Oracle, a public oracle system on the Tron network.
This amount was worth $2.5 Mln at the reporting time but has hiked to over $2.9 Mln with the appreciation
within the price of Ethereum [
ETH].
Dorsey had listed the tokenized version of the tweet earlier on 5
th March on the non-fungible token [NFT] platform Valuables, a program for selling authenticated tweets created by startup Cent.
The winning bidder will receive a digital certificate of the tweet, signed and verified using cryptography by its creator.
The tweet was minted earlier in December, prompting a bidding war between Estavi & Tron founder Justin Sun.
The Twitter CEO announced earlier on 9
th March that proceeds from the auction
are going to be donated to charity.
Now that the auction is finalized, Dorsey, a Bitcoin [
BTC, -6.92%] proponent, converted the proceeds to Bitcoin [BTC] and
transferred them to the
GiveDirectly Africa Response fund.
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