Tech

Twitter CEO Jack Dorsey has created an NFT for the first tweet | Engadget

If you’ve used social media much, then you’ve seen the first tweet ever. Sent on March 21st, 2006 by Twitter co-founder and current CEO Jack Dorsey, it didn’t say very much.

But now, thanks to the wild west of NFTs — crypto-authenticated tokens that assign unique values for digital items somehow — you might be able to buy it. Dorsey has become a cryptocurrency proponent, and as such it’s not a surprise he’s riding the NFT wave by “minting” the tweet on the blockchain. As an FAQ for the cent.co service explains, the item for sale isn’t the actual tweet, which will continue to live on Twitter, it’s a “digital certificate of the tweet, unique because it has been signed and verified by the creator.”

That doesn’t make a lot of sense to me, but neither does NBA Top Shot and money continues to pour into the sports-related NFT service. Beyond that, while purchasing NFTs can at least theoretically help support artists, especially those in the digital realm, it’s hard to imagine what benefit there is to paying an exorbitant fee to someone like Dorsey, who is already extremely rich.

That said, if you’d like to get in on the action then all you have to do is beat the current highest offer of $88888.88.




Source link

Related Articles

Back to top button