Twitter Ceo Jack Dorsey sold the first-ever Tweet for over $2.9 million. The tweet, posted by Dorsey said, , ”just setting up my twttr’ and was sold as a unique digital signature on a website that sells tweets as “non-fungible tokens” (NFTs).
NFTs are digital assets, including jpegs and video clips, that can be bought and sold, just like physical assets. And since they run on blockchain, a decentralized digital ledger that documents transactions, ownership and validity of each can be tracked.
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 data will include information such as the time the tweet was posted and its text contents.
Social media experts predict the sale of tweets and other online posts will become more popular.
“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 favorite stars,” said Cathy Hackl, founder of technology consultancy Futures Intelligence Group.
Additional Report: US news
Image Source: Daily Mail;