If you’ve used social media a lot, you’ve seen the first tweet ever. Posted on March 21, 2006 by Twitter co-founder and current CEO Jack Dorsey, It didn’t say much, “I’m just setting up my twttr.”
Thanks to the wild west of NFTs – crypto-authenticated tokens that uniquely value and verify digital objects – you may now be able to buy them. Dorsey has become a proponent of the cryptocurrency, and as such, it’s no surprise he’s riding the NFT wave by “stamping” the tweet on the blockchain. As explained in an FAQ for valuables, the item for sale is not the actual tweet that continues to be displayed on Twitter. It is a “digital certificate of the tweet that is unique because it has been signed and verified by the creator”.
That doesn’t make a lot of sense to me, but NBA top shot and money continues to flow into this sports-related NFT service. A Christie digital art auction for a piece by Beeple has a high bid of $ 3.5 million, while the NFT, attached to the meme “Nyan Cat,” recently sold over $ 600,000 in cryptocurrency has been. While buying NFTs can, at least in theory, help support artists, especially in the digital space, it’s hard to imagine the benefits of paying an exorbitant fee to someone like Dorsey, who is already extremely wealthy.
That said, if you want to get into the action, all you have to do is beat the current highest offer of $ 88888.88.