A Non-fungible Token (NFT), which acknowledged ownership of the first tweet in history, written by Twitter founder Jack Doh, was sold for $2.9 million (approximately 3,270 million won) through an auction.
Jack Dorothy, CEO of Twitter./Reuters Yonhap News
According to a Reuters news agency on the 22nd (local time), “just setting up my twttr,” written by Jack Dorothy’s Twitter CEO, said the first tweet was Sina S of BridgeOracle, a Malaysian blockchain company It was awarded to CEO Tabi for $2.9 million.
The payment currency was Ethereum, a cryptocurrency, and Estabi CEO paid 1639.58 Ether. It is worth about US$2.9 million at the Ethereum market price at the time of sale.
The first tweet in history written by Twitter CEO Jack Dorothy./Twitter capture
NFT is a kind of virtual asset, using blockchain technology to give ownership by giving a unique mark to digital content. Metadata containing information about the product and a timestamp to prevent illegal copying are combined to create a unique asset in the world. It is evaluated that it has opened a new market by giving uniqueness to digital assets where the original was not meaningful because it was possible to reproduce.
Digital artist Beeple, who sold digital art’Every Days: the first 5000 days’ through Christie’s NFT auction for $69.3 million (about 77.5 billion won), the highest price ever among NFT works, said, “I think this is the next chapter in art history. He said, “Now we can collect digital art.”
Earlier, the CEO of the city announced on March 22, 2006 that he will auction the world’s first tweet he wrote in NFT format. The city’s CEO posted it on auction at’Valueables’, a tweet marketplace.
The city’s CEO has said he will donate all of the sales revenue to people affected by the new coronavirus infection (Corona 19) in Africa. 95% of the sales revenue is taken by the city CEO, and the remaining 5% is taken by Valueables, which held the auction.