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{"id":40885,"date":"2022-04-14T20:25:59","date_gmt":"2022-04-14T20:25:59","guid":{"rendered":"https:\/\/yeswecantv.com\/?p=40885"},"modified":"2022-04-14T20:25:59","modified_gmt":"2022-04-14T20:25:59","slug":"nft-of-first-ever-tweet-a-dud-in-online-auction","status":"publish","type":"post","link":"https:\/\/yeswecantv.com\/2022\/04\/14\/nft-of-first-ever-tweet-a-dud-in-online-auction\/","title":{"rendered":"NFT of first-ever tweet a dud in online auction"},"content":{"rendered":"An NFT of the first tweet ever posted on Twitter was struggling to attract bidders on Thursday, with the highest offer so far just shy of $10,000 — a year after it was bought for $2.9 million.<\/p>\n
![\"\"](\"http:\/\/yeswecantv.com\/wp-content\/uploads\/2022\/04\/urn_newsml_afp.com_20220414_9ba824c0-b641-4ec8-94ad-bdf272296e34_ipad.jpg\")
<\/p>\n
In what could signal waning interest in non-fungible tokens (NFTs) hawked by athletes, artists, celebrities and tech stars, the famed inaugural Twitter post authored by co-founder Jack Dorsey seemed headed for an epic fail.<\/p>\n
It has spent more than a week on the auction block at NFT marketplace OpenSea. The top offer was in the cryptocurrency Ether, its current value translating to just under $10,000, according to the website.<\/p>\n
The historic first tweet from the account of @Jack reads “just setting up my twttr.”<\/p>\n
Malaysia-based entrepreneur Sina Estavi bought the tweet as an authenticated virtual object known as an NFT for $2.9 million early last year, but put it up for auction last week hoping to get some $48 million for it and give a chunk of the money to charity.<\/p>\n
Dorsey had originally sold his tweet as an NFT in Ether.<\/p>\n
Blockchain technology used in making the tokens allows people to own virtual objects with provable authenticity.<\/p>\n
Estavi is among the early players in the NFT market, and is chief executive of blockchain platform Bridge Oracle.<\/p>\n
The NFT trend includes a digital work by US artist Beeple selling for $69.3 million at a Christie’s auction.<\/p>\n","protected":false},"excerpt":{"rendered":"
An NFT of the first tweet ever posted on Twitter was struggling to attract bidders on Thursday, with the highest offer so far just shy of $10,000 — a year after it was bought for $2.9 million. In what could signal waning interest in non-fungible tokens (NFTs) hawked by athletes, artists, celebrities and tech stars, the famed inaugural Twitter post authored by co-founder Jack Dorsey seemed headed for an epic fail. It has spent more than a week on the auction block at NFT marketplace OpenSea. The top offer was in the cryptocurrency Ether, its current value translating to just […]<\/p>\n","protected":false},"author":1,"featured_media":40886,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[52,562],"tags":[],"class_list":["post-40885","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entertainment-destinations","category-yeswecantv-news"],"yoast_head":"\n
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