'Jack Dorsey's First Tweet' NFT Went on Sale for $48M. It Ended With a Top Bid of Just $280

2 years ago

Sandali Handagama is simply a CoinDesk newsman with a absorption connected crypto regularisation and policy. She does not ain immoderate crypto.

A non-fungible token (NFT) of Twitter laminitis Jack Dorsey’s archetypal ever tweet could merchantability for conscionable nether $280. The existent proprietor of the NFT listed it for $48 cardinal past week.

Iran-born crypto entrepreneur Sina Estavi purchased the NFT for $2.9 cardinal successful March 2021. Last Thursday, helium announced connected Twitter that helium wished to merchantability the NFT, and pledged 50% of its proceeds (which helium thought would transcend $25 million) to charity. The auction closed Wednesday, with conscionable 7 full offers ranging from 0.09 ETH ($277 astatine existent prices) to 0.0019 ETH (almost $6).

“The deadline I acceptable was over, but if I get a bully offer, I mightiness judge it, I mightiness ne'er merchantability it,” Estavi told CoinDesk via a WhatsApp connection connected Wednesday.

Estavi has 2 days to judge the bid, oregon it volition expire.

Estavi, whose crypto ventures Bridge Oracle and CryptoLand collapsed following his arrest successful Iran past year, is successful the mediate of relaunching his Bridge Oracle tokens (BRG) which were primitively connected the Tron blockchain, to the Binance Smart Chain.

BRG investors are waiting for Estavi to speech their aged tokens for the caller ones. Estavi, who announced the token swap connected the aforesaid time helium enactment up Dorsey’s tweet NFT for merchantability again, told CoinDesk that the swap is being tally manually and the process whitethorn instrumentality up to 2 months to complete.

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Sandali Handagama is simply a CoinDesk newsman with a absorption connected crypto regularisation and policy. She does not ain immoderate crypto.

Sandali Handagama is simply a CoinDesk newsman with a absorption connected crypto regularisation and policy. She does not ain immoderate crypto.


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