Twitter’s Chief Executive Officer, Jack Dorsey has sold his first tweet from over a decade ago in form of a unique digital asset for slightly over $2.9m.
Dorsey popularly called by his first name, Jack made his first tweet: “just setting up my twttr” on March 21, 2006.
The Twitter Boss on Monday, sold the tweet as a non-fungible token (NFT) via auction on a platform called Valuables, which is owned by US-based company, Cent.
NFT is a digital seal of authenticity that confirms an item is one of a kind and real and it is also a kind of digital certificate that has exploded in popularity so far in 2021.
Each NFT has its own blockchain-based digital signature, which serves as a public ledger, allowing anyone to verify the asset’s authenticity and ownership.
They can be attached to anything that comes in digital forms, like artwork, audio files, video clips or animated stickers.
The CEO and co-founder of Cent, Cameron Hejazi, confirmed the NFT was bought using the cryptocurrency Ether (ETH), for 1630.5825601 ETH, which was worth $2,915,835.47 at the time of sale.
Cent confirmed the buyer is Sina Estavi.
Estavi’s Twitter profile, @sinaEstavi, says he is based in Malaysia and is CEO of blockchain company Bridge Oracle.