Jack Dorsey’s First Tweet Sold as an NFT for $2.9 Million; Proceeds Donated to African Charity

Twitter and Square CEO and founder Jack Dorsey have announced the first-ever tweet auction is complete, the NFT selling for $2.9 million. The NFT sold via a decentralized auction service, Valuables by crypto company, Cent. The NFT-tweet was sold to Sina Estavi, CEO of the TRON-related company Bridge Oracle, who won the auction after a close competition with Justin Sun, CEO of Tron.

Estavi originally offered 1630.5825601 ETH for the tweet, beating Justin’s 1304.466 ETH (~$2 million) with the coin’s appreciation since then to $2.9 million.

On March 5, Jack minted the first-ever tweet into an NFT on Ethereum. Buying this tweet would mean you are purchasing a “digital certificate of the tweet, unique because it has been signed and verified by the creator.”

The bid proceeds have been sent via Bitcoin to the Give Directly Africa Fund that aims to improve sending money across African countries, including Togo, Kenya, Rwanda, Malawi, Liberia, the Democratic Republic of Congo, and the U.S.

Jack Dorsey’s Cash App recently allowed instant sending and receiving Bitcoin using your $cashapptag on the platform. Users can send up to $7000 every week at no cost.

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