Home » Business » The founder of Twitter’s first tweet sold for Rp.41 billion

The founder of Twitter’s first tweet sold for Rp.41 billion

KOMPAS.com – Late last year, Twitter founder, Jack Dorsey, decided to auction twit his first on platform Valuables managed by the company blockchain from the United States (US) named Cent.

Twit which he uploaded on May 22, 2006 has now been sold to Sina Estavi, the company’s CEO blockchain from Malaysia, Bridge Oracle, at a price of 2.9 million US dollars or around Rp 41.7 billion.

Estavi also received a digital ownership certificate or so-called non-fungible token (NFT) for Dorsey’s tweet, complete with the Twitter CEO’s signature.

Also read: Get to know NFT, a Crypto Asset on the Rise

NFT is a crypto asset listed in blockchain, a kind of digital “ledger” similar to the Ethereum and Bitcoin cryptocurrency networks.

photo" data-photolink="http://tekno.kompas.com/image/2021/03/23/20370047/kicauan-pertama-pendiri-twitter-laku-terjual-rp-41-miliar?page=2" style="max-width: 100%;width:750px">Valuables The Valuables Platform that auctioned off Jack Dorsey’s first tweet.-As assembled KompasTekno from Reuters, Tuesday (23/3/2021), Estavi admitted “grateful” that he had bought tweets first Dorsey which reads “just setting up my twttr”.

Dorsey himself claims that his first tweet was an asset for an investment whose price will continue to rise in the future, like a painting. masterpiece.

All proceeds from sales of Dorsey’s tweets were donated

After being cut 5 percent for Cent as owner platform Valuables Dorsey gets 95 percent of the sales of those tweets.

He said the money he received would not be used for personal needs, but would be donated entirely to the charity GiveDirectly, which is raising funds for families affected by Covid-19 in Africa.

Also read: Twitter Set Up Undo Send Button to Cancel Tweet

This funding was also officially announced in a post via Dorsey’s account on Twitter. Funds from Estavi as the buyer are converted to Bitcoin first, worth 50.8 BTC, then immediately distributed to GiveDirectly.

GiveDirectly will later continue giving Dorsey to people in need

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