If you’ve used social media a lot, you’ve seen the very first tweet. Posted on March 21, 2006 by Twitter co-founder and current CEO Jack Dorsey, it didn’t say much: “just install my twttr.”
But now, thanks to the NFT’s Wild West – crypto-authenticated tokens that assign unique values and verification to digital elements one way or another – you might be able to buy it. Dorsey has become a supporter of cryptocurrency, and as such it is no surprise that he is riding the NFT wave by “hit” the tweet on the blockchain. As explained in an FAQ from the cent.co service, the item for sale is not the actual tweet, which will continue to live on Twitter, it is a “digital certificate of the tweet, unique because it has been signed and verified. by the creator. “
It doesn’t make a lot of sense to me, but neither does NBA Top Shot and the money continues to flow into this sports-related NFT service. A Christie’s digital art auction for a work by Beeple has a high bid of $ 3.5 million, while the NFT attached to the “nyan cat” meme recently sold for a cryptocurrency valued at over $ 600,000. Beyond that, while buying NFT can at least theoretically help support artists, especially those in the digital realm, it’s hard to imagine what the benefit is in paying someone outrageous fees. like Dorsey, who is already extremely wealthy.
That said, if you want to get in on the action all you have to do is beat the current high bid of $ 88,888.88.