{"id":6258,"date":"2022-04-14T09:37:41","date_gmt":"2022-04-14T09:37:41","guid":{"rendered":"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell"},"modified":"2022-04-14T14:44:39","modified_gmt":"2022-04-14T14:44:39","slug":"nft-of-jack-dorseys-first-tweet-struggles-to-sell","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell","title":{"rendered":"NFT of Jack Dorsey’s first tweet struggles to sell"},"content":{"rendered":"

Africa-Press – Angola. <\/strong><\/span>The buyer of a non-fungible token (NFT) of Twitter co-founder Jack Dorsey’s first tweet says he “may never sell it” after receiving a series of low bids.<\/b><\/p>\n

Malaysia-based Sina Estavi has been offered just over $6,200 (\u00a34,720), or around 2% of the $2.9m he paid for it.<\/p>\n

Mr Estavi has compared the digital asset to Leonardo da Vinci’s Mona Lisa.<\/p>\n

The tweet, which says “just setting up my twttr,” was first posted in March 2006 and was auctioned off last year by Mr Dorsey for charity.<\/p>\n

Mr Estavi bought the tweet in the form of a NFT in March 2021.<\/p>\n

NFTs have been touted as the digital answer to collectibles. However, they have no tangible form of their own, and experts have warned about risks in the market.<\/p>\n

What are NFTs?<\/p>\n

Buyer defends paying $2.9m for ‘Mona Lisa’ of tweets<\/p>\n

Last week, Mr Estavi announced that the tweet was up for sale on NFT marketplace OpenSea.<\/p>\n

He pledged to donate half the proceeds – which he estimated to be $25m or more – to US charity GiveDirectly.<\/p>\n

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<\/p>\n

? https:\/\/t.co\/cnv5rtAEBQ pic.twitter.com\/yiaZjJt1p0<\/p>\n

Mr Estavi, who is the chief executive of blockchain company Bridge Oracle, had earlier claimed that he had been offered $10m for the tweet.<\/p>\n

However, the highest bid was valued at $6,222.36 on Thursday.<\/p>\n

Earlier in the day, Mr Estavi told the BBC he “may never sell” the tweet unless he received a “high bid”, without saying what that was.<\/p>\n

“Last year, when I paid for this NFT, very few people even heard the name NFT. Now I say this NFT is the Mona Lisa of the digital world. There is only one of that and it will never be the same,” Mr Estavi said.<\/p>\n

“Years later, people will realise the value of this NFT,” he added. “Keep that in mind.”<\/p>\n

Mr Dorsey’s brief tweet was sold to Mr Estavi in an auction on an online platform called Valuables, which is owned by the US-based company Cent.<\/p>\n

As the buyer, Mr Estavi received a certificate, digitally signed and verified by Mr Dorsey, as well as the metadata of the original tweet.<\/p>\n

The data includes information such as the time the tweet was posted and its text contents.<\/p>\n

Although Mr Estavi is searching for a buyer, he said he “will not accept anyone’s offer”.<\/p>\n

“I think the value of this NFT is far greater than you can imagine and whoever wants to buy it must be worthy.”<\/p>\n

Asked who that may be, Mr Estavi said: “I think someone like Elon Musk could deserve this NFT”.<\/p>\n

NFTs that are”one of a kind assets” have often been sold for thousands – and even millions – of dollars.<\/p>\n

For More News And Analysis About Angola<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Angola. The buyer of a non-fungible token (NFT) of Twitter co-founder Jack Dorsey’s first tweet says he “may never sell it” after receiving a series of low bids. Malaysia-based Sina Estavi has been offered just over $6,200 (\u00a34,720), or around 2% of the $2.9m he paid for it. Mr Estavi has compared the […]<\/p>\n","protected":false},"author":84,"featured_media":6257,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,8,9,16],"tags":[233,337,329],"class_list":["post-6258","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-homepage-english","category-miscellaneous","category-twitter","tag-africa-press","tag-africa-press-angola","tag-angola"],"yoast_head":"\nNFT of Jack Dorsey's first tweet struggles to sell - Angola<\/title>\n<meta name=\"description\" content=\"The buyer of a non-fungible token (NFT) of Twitter co-founder Jack Dorsey's first tweet says he "may never sell it" a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"NFT of Jack Dorsey's first tweet struggles to sell\" \/>\n<meta property=\"og:description\" content=\"The buyer of a non-fungible token (NFT) of Twitter co-founder Jack Dorsey's first tweet says he "may never sell it" a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell\" \/>\n<meta property=\"og:site_name\" content=\"Angola\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-04-14T09:37:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-04-14T14:44:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/04\/img-6258333fef87e.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"976\" \/>\n\t<meta property=\"og:image:height\" content=\"549\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"NFT of Jack Dorsey’s first tweet struggles to sell\",\"datePublished\":\"2022-04-14T09:37:41+00:00\",\"dateModified\":\"2022-04-14T14:44:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell\"},\"wordCount\":496,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/angola\/sites\/65\/2022\/04\/img-6258333fef87e.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Angola\",\"Angola\"],\"articleSection\":[\"all news\",\"homepage-english\",\"miscellaneous\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell\",\"url\":\"https:\/\/www.africa-press.net\/angola\/all-news\/nft-of-jack-dorseys-first-tweet-struggles-to-sell\",\"name\":\"NFT of Jack Dorsey's first tweet struggles to sell - 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