Jack Dorsey Tweet NFT Set to Auction for $48 Million, 1 Year After Sale
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NFT collector, Sina Estavi has announced that he is set to sell a Jack Dorsey Tweet NFT for 14,969 ETH, roughly $48.3 million
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The NFT which signifies ownership of Jack Dorsey’s first-ever tweet, has been listed on OpenSea, one year after it was bought for $2.9 million
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If the NFT is acquired by a new buyer, it will be among the most expensive works of art ever acquired
Remember the Jack Dorsey tweet NFT that was bought for $2.9 million last year? The buyer is set to sell it for more than 16 times that price.
Sina Estavi, the chief executive officer of Malaysian service Bridge Oracle, announced on Wednesday that he had listed the NFT version of Jack Dorsey’s first-ever tweet for $48.3 million.
It will be recalled that Estavi completed the biggest ever NFT acquisition when he purchased the tweet from the Twitter co-founder in March last year.
The tweet which was put into an NFT version, was made on March 21, 2006, and it says: “just setting up my twttr”.
If the NFT is acquired by a new buyer, it will be among the most expensive works of art ever acquired.
After announcing the listing of the NFT on OpenSea, Estavi also revealed that 50% of the proceeds will be given to charity, GiveDirectly. GiveDirectly is a charity that gives cash to people living in poverty. This is the same organization that Jack Dorsey supported after the sale NFT last year.
why not 99% of it?
— jack (@jack) April 7, 2022
Meanwhile, Jack Dorsey wants Estavi to donate even more to charity. The tech billionaire responded to Estavi’s tweet asking: “why not 99% of it?”
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