Twitter CEO and billionaire
Jack Dorsey who last week announced to sell his very first tweet of March 6, 2006, has said that he will donate the money in
Bitcoins to charity.
The highest bid for the tweet, put up for auction as an
NFT (non-fungible token) on a platform called
Valuables, is currently $2.5 million and there auction will end on March 21.
"Ending this March 21st. Will immediately convert proceeds to #Bitcoin. And send to @GiveDirectly Africa Response," Dorsey said in a tweet late on Tuesday.
Transform talent with learning that worksCapability development is critical for businesses who want to push the envelope of innovation.Discover how business leaders are strategizing around building talent capabilities and empowering employee transformation.Know More NFT is a digital good on the Ethereum blockchain.
The very first tweet by Dorsey on March 6, 2006 read: "just setting up my twttr".
According to Valuables, "What you are purchasing is a digital certificate of the tweet, unique because it has been signed and verified by the creator".
However, the fact is that this tweet has been publicly available for free for nearly 15 years on the internet.
NFTs allow people to buy and sell ownership of unique digital items and keep track of who owns them using the blockchain.
The artist
Grimes recently sold several NFT items for nearly $6 million. An NFT of
LeBron James making a historic dunk for the
Lakers garnered more than $200,000.
Non-fungible mean you can't exchange it for another thing of equal value.
SEE ALSO:
Oppo Band Style review – getting the basics right with a twist of flair
The first-ever leaders summit of the QUAD may be another signal that it's ready for something more formal
MTAR Technologies IPO: Here is how to check share allotment status
EXCLUSIVE: TCS CFO explains how the role of a finance head has been changed by the pandemic