A non-fungible token (NFT) of Twitter organizer Jack Dorsey’s very first tweet could sell for just shy of $280. The ongoing proprietor of the NFT recorded it for $48 million last week.
Iranian-conceived crypto business person Sina Estavi bought the NFT for $2.9 million in March 2021. Keep going Thursday, he declared on Twitter that he wished to sell the NFT, and vowed half of its returns (which he thought would surpass $25 million) to a good cause.
I decided to sell this NFT ( the world's first ever tweet ) and donate 50% of the proceeds ( $25 million or more ) to the charity @GiveDirectly
— Estavi (@sinaEstavi) April 6, 2022
🖇 https://t.co/cnv5rtAEBQ pic.twitter.com/yiaZjJt1p0
The auction closed Wednesday, with only seven complete offers going from 0.09 ETH ($277 at current costs) to 0.0019 ETH (nearly $6). “The cutoff time I set was finished, however assuming I get a decent proposition, I could acknowledge it, I could never sell it,” Estavi told CoinDesk through a WhatsApp message on Wednesday.
Estavi, whose crypto adventures Bridge Oracle and CryptoLand imploded following his capture in Iran last year, is really busy relaunching his Bridge Oracle tokens (BRG), which were initially on the Tron blockchain, to the Binance Smart Chain.
BRG financial backers are trusting that Estavi will trade their old tokens for the new ones. Estavi, who reported the symbolic trade around the same time he set up Dorsey’s tweet NFT available to be purchased once more, let CoinDesk know that the trade is being run physically and the interaction might require as long as two months to finish.
