Bidding Reaches $1M as Twitter’s Dorsey Lists the First-Ever Tweet on NFT Platform

Bidding Reaches $1M as Twitter’s Dorsey Lists the First-Ever Tweet on NFT Platform

The genesis tweet is up for sale.

Twitter co-founder and CEO Jack Dorsey has listed for sale on the non-fungible token (NFT) platform Valuables the first tweet ever made. As of Saturday morning, the high bid was $1 million was made by Justin Sun, the founder of TRON and the CEO of BitTorrent.

Valuables is an Ethereum-based platform created by the social network Cent that allows users of Twitter to authenticate their tweets for sale to others (think of them as digitally signed copies).

This is the tweet Dorsey has offered for sale:

Dorsey is a well known fan of bitcoin, making multiple forays into the space. Cash App, from his other company, Square, is a major venue for retail investors to purchase the cryptocurrency. Dorsey also invested in Lightning Labs, a second layer on the Bitcoin network, seen as a scaling solution.

This is Dorsey’s first time showing interest in Ethereum. Many people around the tech industry suggested that the recent boom in NFTs may partially explain Square’s announcement Thursday that it would acquire the music streaming site Tidal (prior to that announcement, Dorsey announced a collaboration with rapper Jay-Z to expand the use of bitcoin in Africa).

Dorsey’s offering of one of his earliest tweets for sale on an Ethereum-based platform should only add fuel to that fire.

UPDATE (March 6, 13:24 UTC): Updates with latest bidding.UPDATE (March 6, 13:42 UTC): Updates with latest bidding.

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