Twitter’s Dorsey auctions tweet for the first time as digital memorabilia

“just configuring my twttr” – the first tweet on the platform is on sale after Twitter boss Jack Dorsey listed his famous post as an exclusive digital signature on a website to sell tweets as non-fungible tokens (NFTs).

The post, sent from Dorsey’s account in March 2006, received offers on Friday that reached $ 88,888.88 minutes after the Twitter co-founder tweeted a link to the list in ‘Valuables by Cent’ – a market of tweets.

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Old offers on the tweet suggest it went on sale in December, but the list gained more attention after Dorsey’s tweet on Friday.

NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media.

Dorsey’s 15-year-old tweet is one of the most famous tweets of all time on the platform and can attract bidders to pay a high price for digital memorabilia. The highest bid for the tweet was $ 100,000 at 0125 GMT on Saturday.

Launched three months ago, Valuables compares the purchase of tweets with the purchase of an autographed baseball card. “There is only a single signed version of the tweet, and if the creator agrees to sell it, you can purchase it forever.”

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The buyer of a tweet will receive an autographed digital certificate, signed using encryption, which will include metadata from the original tweet, according to the Valuables website. The tweet will continue to be available on the Twitter website.

(Reporting by Ismail Shakil in Bengaluru; Editing by Simon Cameron-Moore)

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