The highest bid is $ 2.5 million, a sign of appetite for these new blockchain-authenticated virtual collectibles.Article written by
A remnant of the internet is for sale. On March 21, 2006, Jack Dorsey tweeted: « I created my Twttr account » . Almost fifteen years later, the Twitter boss auctioned off his very first tweet. On Friday March 5, he tweeted a link to the Valuables site, where collectors of digital antiques can bid.
Buying a tweet means acquiring « a digital certificate of the tweet, unique because it was signed and verified by the creator, » like an autograph, the tweet auction site says on its question-and-answer page. The creator of the tweet decides if he wants to issue it on blockchain, the core technology of cryptocurrencies, to create a uniquely authenticated version, the company explains. This tweet becomes an « NFT » (« non-fungible token »), or non-fungible token: a virtual object with indisputable and inviolable identity, authenticity and traceability in theory, thanks to the blockchain. The tweet itself remains visible to everyone, as long as Jack Dorsey or Twitter leaves it online.
One-upmanship among blockchain bosses
In a sign of appetite for these new virtual collectibles, the highest bid for Jack Dorsey’s tweet was $ 2.5 million on Saturday. It was made by Sina Estavi, the boss of Bridge Oracle and Cryptoland, which exploit this blockchain technology . He outbid the offer of Justin Sun, the founder of Tron, a blockchain platform, and the boss of the streaming platform BitTorrent. The « NFT » have been all the rage among collectors for a few months, to the point that the Christie’s house auctioned, at the end of February, for the first time, an entirely digital work sold thanks to this technology.
Source: franceinfo with AFP