First tweet fetches $2.9 mn at auction

[brooklynite]

AFP

The first message ever fired off at Twitter sold on Monday for $2.9 million when its sender Jack Dorsey accepted the winning bid for the collectible as a "non fungible token" or NFT at an auction.

"Jack accepted the offer from sinaEstavi for $2,915,835.47," read a tweet from the Valuables by Cent auction platform.

"This tweet is now minted on the blockchain."

The profile on the auction-winning account indicated it belonged to Sina Estavi, chief executive of blockchain technology-related startup Bridge Oracle.

A copy of Dorsey's inaugural tweet and a history of the bidding was posted at the v.cent.co website.

[Blue_Tires]

1. WHUT

[soothsayer]

2. Unbelievable weirdness

[Blue_Tires]

3. I don't get it...

What do you do with a tweet after you "buy" it? What gives it any value?

[soothsayer]

4. Excellent question. I guess what gives anything value

Some other person willing to pay something for it.

[catbyte]

5. I don't get it. It's not like it's the first printing of the Gutenberg Bible

Maybe I'm just too old.

[48656c6c6f20]

6. I want to bid on the first fart.

[ZZenith]

7. Tax the rich.

They clearly have too much money. Some of them can afford to pay 2.9 million dollars for something that doesn’t even exist.

[markie]

8. good discussion on NPR

about NFT's

https://www.npr.org/2021/03/05/974089381/whats-an-nft-and-why-are-people-paying-millions-to-buy-them

[634-5789]

16. I read this...tried to comprehend it, then..

..gave it the 'old man wave' and went back to normal stuff.

[Baked Potato]

9. Darn it, I wanted that tweet. It was so..... firsty.

[TreasonousBastard]

10. Big discussion about this on NPR earlier. Mainly about "art" auctions and what...

do you do with the NFT now that you own it.

No answers yet, but who knows what the future brings...

[edhopper]

11. This is why

we don't tax the rich enough.

[wellst0nev0ter]

12. There's no proof that the NFT is the very the first file

And you aren't going to derive any value from it afterwards, since everybody else has a copy of the file.

Like other people said in this thread, some people have way too much money.

[Journeyman]

13. The rich are very different from you & I. They have more money, & in many cases are more stupid. . .

[Permanut]

14. I have some emails I'd be willing to sell.

[634-5789]

15. I'm too damn old for even trying to comprehend WTF this even tries to relate.

"non fungible token" NOPE.

"This tweet is now minted on the blockchain." WTF is a blockchain? What does this mean?



I hate this.

[madinmaryland]

17. Which begs the question, what was the first post on DU? That would seem to me to be

Be Worth far more than a Twitter post!! And who made the first post on DU?