Twitter CEO Jack Dorsey sells NFT of first-ever tweet for $2.9 million

NFTs • March 22, 2021, 2:37PM EDT
The Block

Twitter CEO Jack Dorsey has sold a non-fungible token (NFT) of the first-ever published tweet for $2.9 million to an investor who goes by the name @sinaEstavi. 

THE SCOOP

Keep up with the latest news, trends, charts and views on crypto and DeFi with a new biweekly newsletter from The Block's Frank Chaparro

By signing-up you agree to our Terms of Service and Privacy Policy
By signing-up you agree to our Terms of Service and Privacy Policy

Earlier this month, Dorsey minted the tweet using Cent, an Ethereum-based service that allows users to mint, sell and bid on NFTs of tweets. Dorsey's message, which he sent March 21, 2006, reads "just setting up my twttr."

Dorsey has said he will donate all the proceeds of the auction to GiveDirectly, a non-profit organization that sends cash directly to families living in extreme poverty. It appears after Dorsey received the funds, he transferred them to crypto exchange Kraken. 

About Author

Saniya More (pronounced: Saan-ya Mo-ray) is a quadrilingual journalist at The Block. She got her master’s degree from the Columbia University Graduate School of Journalism and did her undergraduate degree at the S.I. Newhouse School of Public Communications, Syracuse University. Her work has appeared in CBS News, Bangkok Post, Thai Enquirer, Globalists, Byline Times and other publications. When she’s not chasing a story, you will most likely find her biking, tweeting, taking photos or creating Spotify playlists for every occasion.