Got a confidential news tip? Dorsey has also been an advocate of digital currencies, displaying "#bitcoin" in his Twitter bio, so jumping into NFTs seems to be a natural extension. A digital rendition of the Nyan Cat meme from 2011, for example, sold for nearly $600,000 in an online auction last month. Twitter's top boss Jack Dorsey recently listed the first-ever Tweet on the platform for sale. NFT artwork and collectables are gaining popularity in 2021. "Just setting up my twttr," the post, sent from Mr Dorsey's account in March 2006, reads. All Rights Reserved. Twitter Inc boss Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first ever tweet on the platform to bitcoin for charity. the tweet has been listed as a non-fungible token (NFT) on a … Owned by CENT, Valuables is … Posted on March 21st, 2006, the tweet … Twitter CEO Jack Dorsey is selling the first tweet on the website - his own - as a non-fungible token. Yesterday, he tweeted a link to the sale of his first tweet dated March 21st, 2006. Jack Dorsey, who’s selling his first ever tweet as a non-fungible token, said Tuesday he’ll donate the profits to charity. Twitter's Jack Dorsey auctions first ever tweet as digital memorabilia Boeing CEO waived pay but got compensation worth $21 million #MonsterReloaded challenge - … Jack Dorsey, the co-founder and CEO of Twitter, is auctioning off his very first tweet on the digital platform Valuables, and bidding is already at $2.5 million. "just setting up my twttr" - the first ever tweet went live for sale after Dorsey listed it as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs). Twitter CEO and co-founder Jack Dorsey gestures while interacting with students at the Indian Institute of Technology (IIT) in New Delhi on November 12, 2018. Each NFT is unique and acts as a collector's item that can't be duplicated, making them rare by design. The Twitter CEO shared a link Friday afternoon to a platform called "Valuables," where his March 21, 2006 tweet "just setting up my twttr" was up for bidding. on Facebook and Twitter's content moderation practices, on Capitol Hill in Washington, U.S., November 17, 2020. Twitter CEO Jack Dorsey is auctioning off an NFT certificate of his first tweet. His digital payments company Square also purchased approximately 3,318 bitcoins in late February, expanding on its October 2020 buy of 4,709. The Twitter CEO shared a link Friday afternoon to a platform called "Valuables," where his March 21, 2006 tweet was up for bidding. But a person can't exchange one NFT for another as they would with dollars or other assets. Data is a real-time snapshot *Data is delayed at least 15 minutes. Jack Dorsey is putting his first tweet up for sale as an NFT, a nonfungible token. You'll discover the answer to all three questions in this article. Twitter CEO Jack Dorsey is selling his first tweet. “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… Crypto collectibles have exploded in popularity lately, with anyone from artists to rock bands minting their content. Twitter co-founder Jack Dorsey has listed his first ever tweet for sale, with bids reaching $2.5m (£1.8m). The auction will end March 21, when he will immediately convert the proceeds to bitcoin and donate that to Give Directly's Africa Response fund, Dorsey said. Dorsey pushed out the Tweet in March, 2006. The highest offer is from Sina Estavi, CEO of Bridge Oracle, for $2.5 million as of Saturday afternoon, according to the website. Auctions Twitter Founder Jack Dorsey Is Auctioning Off the World’s First-Ever Tweet as an NFT—and the High Bid Is Already $2.5 Million. Twitter CEO Jack Dorsey is selling the first-ever tweet on the platform, which was posted from Dorsey’s account in March 2006. Dorsey has also been a vocal proponent of bitcoin. Twitter CEO Jack Dorsey is introducing an entirely unique perspective to the NFT market. Dorsey is accepting bids for his and the social media platform’s first tweet on Valuables BY CENT, a new Ethereum-based NFT marketplace. The highest offer, as of Tuesday morning, is for $2.5 million. Dorsey has now listed this first tweet as a unique digital signature on a website called “Valuables by cent” meant for selling tweets as a non-fungible token (NFT), an asset whose value is subject to value fluctuations. All Rights Reserved. A Division of NBCUniversal. His digital payments company Square also purchased approximately 3,318 bitcoins in late February, expanding on its October 2020 buy of 4,709. What Are NFTs? Some people who are buying NFTs believe it can help them prove ownership of a virtual item thanks to blockchain. 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. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. A Division of NBCUniversal. Sign up for free newsletters and get more CNBC delivered to your inbox, Get this delivered to your inbox, and more info about our products and services.Â, © 2021 CNBC LLC. How to mine for cryptocash – and how much it costs, selling his first ever tweet as a non-fungible token, Markets and Politics Digital Original Video. We want to hear from you. However, unlike most currencies, a person can't exchange one NFT for another as they would with dollars or other assets. The tweet says “just setting up my twttr”, which was posted on 21 March 2006. Jack Dorsey, who's selling his first ever tweet as a non-fungible token, said Tuesday he'll donate the profits to charity. Sure, there's an economic recession with no end in sight, but Jack Dorsey's first tweet is available for an ungodly sum of money if you happen to have that much lying around. At press time, the high bid was over $294,000. Twitter CEO Jack Dorsey, who's selling his first ever tweet as a non-fungible token, said Tuesday he'll donate the profits to charity. Jack Dorsey is selling his first-ever tweet as a non-fungible token, or NFT, and the leading bidder is adamant that it’s worth millions. It said, “just setting up my twttr”. New York (CNN Business) Twitter CEO Jack Dorsey is selling the first-ever published tweet as an NFT, a kind of digital collector's item. Now, Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token. The Twitter CEO shared a link Friday afternoon to a platform called "Valuables," where his March 21, 2006, tweet "just setting up my twttr" was up for bidding. But why is he selling his tweet, who would buy it, and what is an NFT? Each NFT is unique and acts as a collector's item that can't be duplicated, making them rare by design. Got a confidential news tip? Billionaire Jack Dorsey has joined the NFT craze by offering the very first tweet in history for sale. Twitter CEO Jack Dorsey’s first tweet is well-known on the platform. "just setting up my twttr" - the first ever tweet went live for sale after Dorsey listed it as a unique digital signature on a website for selling tweets as non-fungible tokens (NFTs). Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. Jack Dorsey‘s very first tweet is being sold as an NFT, non-fungible token, and the current highest bid is a whopping $2.5 million USD. Twitter CEO Jack Dorsey testifies remotely via videoconference in this screengrab made from video during a Senate Judiciary Committee hearing titled, "Breaking the News: Censorship, Suppression, and the 2020 Election,? Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token, or NFT. Twitter Inc boss Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first ever tweet on the platform to bitcoin for charity. Crypto collectibles have exploded in popularity lately, with anyone from artists to rock bands minting their content. Data is a real-time snapshot *Data is delayed at least 15 minutes. The Tweet, posted by Dorsey himself, said the following - ''just setting up my twttr'' and is being sold as a unique digital signature on a website that sells Tweets as "non-fungible tokens" (NFTs). twitter co-founder jack dorsey is auctioning his first ever tweet with bids already reaching USD $2.5 million. We want to hear from you. Jack Dorsey's 15-year old tweet is one of the most famous tweets ever on the platform. The Twitter CEO shared a link Friday afternoon to a platform called “Valuables,” where his March 21, 2006 tweet “just setting up my twttr” was up for bidding. Twitter CEO Jack Dorsey recently announced that his account's first post is up for sale. “Just setting up my twttr,” the tweet from March 2006 reads. Twitter chief executive Jack Dorsey is auctioning off the first-ever tweet in the form of a non-fungible token (NFT). As of Tuesday morning, the highest offer is from Sina Estavi, CEO of Bridge Oracle, for $2.5 million, according to the website. If you've used social media much, then you've seen the first tweet ever.Sent on March 21st, 2006 by Twitter co-founder and current CEO Jack Dorsey, it … Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Last month, he announced that he's partnering with music mogul Jay-Z to set up an endowment fund to fund the digital coin's development, initially in Africa and India. The Twitter CEO's tweet -- which read "just setting up my twttr" -- will be 15 years old later this month. People are paying millions for digital collectibles known as "NFTs" â What you need to know about this new digital asset. Jack Dorsey: Twitter CEO Jack Dorsey has said that he would be converting the proceeds from the digital auction of the first ever tweet posted on the microblogging site to Bitcoin for charity. Dorsey, 44, is worth an estimated $12.5 billion, according to Forbes.There was no sign the auction was for charity. Now, Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token. Twitter Inc boss Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first ever tweet on the platform to bitcoin for charity. Twitter co-founder Jack Dorsey has listed his first ever tweet for sale, with bids reaching $2.5m (£1.8m). The tweet's NFT auction comes amid a surge in popularity of crypto collectibles. Twitter boss Jack Dorsey said he will convert proceeds from the digital auction of the first ever tweet on the platform to bitcoin for charity. Ownership of these assets is recorded on a blockchain â a digital ledger similar to the networks that underpin bitcoin and other cryptocurrencies. The tech world is in thrall to NFTs. He tokenized the tweet and is auctioning it on Valuables. In its FAQ section, the Valuables site explains that a tweet … Dorsey is selling the tweet as an NFT, with the current bid well over $2 million at the time of writing. Ownership of these assets is recorded on a blockchain — a digital ledger similar to the networks that underpin bitcoin and other cryptocurrencies. The Twitter CEO is auctioning the tweet "just setting up my twttr" dated March 21, 2006. Get this delivered to your inbox, and more info about our products and services. Sign up for free newsletters and get more CNBC delivered to your inbox. Twitter boss Jack Dorsey said on Tuesday he will convert proceeds from the digital auction of the first-ever tweet on the platform to bitcoin for charity. The highest offer is from Sina Estavi, CEO of Bridge Oracle, for $2.5 million as of Saturday afternoon, according to the website. "Just setting up my twttr," the post, sent from Mr … © 2021 CNBC LLC.
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