Bidding on NFT of First-Ever Tweet Ends Today; Top Offer Remains at $2.5M

The first-ever tweet was sent by Twitter founder and CEO Jack Dorsey 15 years ago today.

Mar 21, 2021 at 10:18 p.m. UTC
Updated Sep 14, 2021 at 12:29 p.m. UTC

The auction of a tokenized version of the first tweet ever sent is due to end in a few hours with a top bid of $2.5 million, where it's been stuck for more than two weeks.

  • The first-ever tweet was sent by Twitter founder and CEO Jack Dorsey 15 years ago today:
  • Earlier this month, Dorsey called attention to a tokenized version of that tweet on the non-fungible token (NFT) platform Valuables.
  • Even though the tweet was minted in December 2020, Dorsey’s action ignited a brief bidding war between Justin Sun, the founder of Tron and the CEO of BitTorrent, and Sina Estavi, whose LinkedIn profile describes him as CEO of Malaysia-based (and Tron-affiliated) Bridge Oracle.
  • Estavi's $2.5 million offer has been the high bid since March 6.
  • While there was initial skepticism as to whether Dorsey would actually "sell" the NFT of the tweet, on March 9 he said via tweet (how else?) that the auction would end on March 21 and that he would accept the winning bid.
  • GiveDirectly is a non-profit organization that specializes in giving direct cash transfers to low-income people, without strings attached. “Africa response” in Dorsey’s tweet likely refers to its “COVID-19 Africa Response” campaign.
  • Given Twitter is based in San Francisco, it's possible Dorsey won't consider the auction over until midnight West Coast time.  
The Festival for the Decentralized World
Thursday - Sunday, June 9-12, 2022
Austin, Texas
Save a Seat Now

DISCLOSURE

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups. As part of their compensation, certain CoinDesk employees, including editorial employees, may receive exposure to DCG equity in the form of stock appreciation rights, which vest over a multi-year period. CoinDesk journalists are not allowed to purchase stock outright in DCG.

Trending

1
Bitcoin Needed to Get Its Face Ripped Off

Now is the perfect time to learn all there is to learn about the crypto world.

Now is the perfect time to learn all there is to learn about the crypto world.

2
Market Wrap: Bitcoin and Stocks Dip as Volatility Spikes

Traders continue to hedge against further price declines.

Traders continue to hedge against further price declines.

3
Bitcoin lucha por mantener el soporte en $27K-$30K

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

BTC está en una zona de soporte positiva, aunque el impulso a largo plazo sigue siendo débil.

4
Diana Sinclair: People Aren’t 'Ready to Hear' About Inequities in the Metaverse

Web 3 can open up opportunities for marginalized groups, but it's not a silver bullet, says one leading NFT artist ahead of CoinDesk's Consensus festival.

Web 3 can open up opportunities for marginalized groups, but it's not a silver bullet, says one leading NFT artist ahead of CoinDesk's Consensus festival.