Billionaire CEO of Twitter, Jack Dorsey appears to be offering to sell the very first tweet as a non-fungible token (NFT) and there is a US$2.5 million bid for it already.
The highest offer is from Sina Estavi, CEO of Bridge Oracle, for $2.5 million as of Saturday afternoon, according to the website.
Crypto collectibles have exploded in popularity lately, with anyone from artists to rock bands minting their content. A digital rendition of the Nyan Cat meme from 2011, for example, sold for nearly $600,000 in an online auction last month.
Some people who are buying NFTs believe it can help them prove ownership of a virtual item thanks to blockchain.
Dorsey has also been an advocate of digital currencies, displaying ”#bitcoin” in his Twitter bio, so jumping into NFTs seems to be a natural extension. His digital payments company Square also purchased approximately 3,318 bitcoins in late February, expanding on its October 2020 buy of 4,709.