Twitter co-founder Jack Dorsey has listed his first ever tweet for sale, with bids reaching $2.5m (£1.8m). Data is a real-time snapshot *Data is delayed at least 15 minutes. By March 9, the highest offer was from Sina Estavi, CEO of Bridge Oracle. Jack Patrick Dorsey (born November 19, 1976) is an American billionaire technology entrepreneur and philanthropist who is a co-founder and the CEO of Twitter, and the founder and CEO of Square, a financial payments company. The American billionaire promised to donate all of the cash to a … As the buyer, Mr Estavi will receive a certificate, digitally signed and verified by Mr Dorsey, as well as the metadata of the original tweet. The tweet was Dorsey’s first tweet, made on March 21, 2006. Social media experts predict the sale of tweets and other online posts will become more popular. The tweet, which said "just setting up my twttr," was first published on March 21, 2006. Jack Dorsey's 15-year old tweet is one of the most famous tweets ever on the platform. What are NFTs and why are some worth millions? Twitter CEO Jack Dorsey is selling the first-ever published tweet as an NFT, a kind of digital collector's item. Twitter boss Jack Dorsey sold his first tweet as an NFT for just over $2.9 million dollars on Monday.. Twitter CEO Jack Dorsey. CNBC's Jessica Bursztynsky contributed to this report. That's equivalent to about $2.9 million based on ether's price at the time of sale. March 23 (UPI) --Twitter CEO Jack Dorsey has sold the first-ever tweet that he published in 2006 as a non-fungible token or NFT, for over $2.9 million. Got a confidential news tip? Estavi won the auction, though his bid was worth about $2.5 million it was placed. All Rights Reserved. © 2021 BBC. The tweet was bought using the ether cryptocurrency, a rival to bitcoin. The tweet was sent out by Dorsey himself. The 15-year-old tweet, which reads “just setting up my twttr,” was bought by a platform called Valuables, owned by US company Cent, after it was put up for sale earlier this month. NFTs have become hugely popular this year, with expensive digital artwork also being sold this way. Fifteen years after Twitter CEO Jack Dorsey sent the world’s first tweet, the message has sold for nearly $3 million as an NFT. NFT of Jack Dorsey's first tweet sells for $2.9 million, Beeple: We're just beginning to scratch the surface with NFTs, highest offer was from Sina Estavi, CEO of Bridge Oracle. The final bid was $2.9 million. A screengrab from the bidding war for Jack Dorsey’s first tweet. LONDON — Twitter boss Jack Dorsey sold his first tweet as an NFT for just over US$2.9 million dollars on Monday. But the post will remain publicly available on Twitter even after it has been auctioned off. The non-fungible token (NFT) tied to Twitter CEO Jack Dorsey's first tweet just sold for over $2.9 million worth of cryptocurrency. Mr Dorsey said he would convert the proceeds to bitcoin and then donate them to the Give Directly's Africa Response fund. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. "We live in an age where celebrities, musicians and influencers have more than fans, they have stans, and they will want to own a piece of their favourite stars," said Cathy Hackl, founder of technology consultancy Futures Intelligence Group. But a person can't exchange one NFT for another as they would with dollars or other assets. © 2021 CNBC LLC. "Just setting up my twttr," the post, sent from Mr … Read about our approach to external linking. The BBC is not responsible for the content of external sites. Under the platform's rules, Mr Dorsey receives 95% of the proceeds of the primary sale, while Cent receives 5%. 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