Pak's 'The Merge' — $91.8m Pak/Nifty The Merge was bought by 28,983 collectors for a total of almost $100m. Another Pak piece, The Merge officially became the most expensive NFT ever sold on December 2, 2021, with almost 30,000 collectors pitching together for a total cost of $91.8m.
"Years later, people will realise the value of this NFT," he added. "Keep that in mind." 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.Apr 14, 2022
Last March, Twitter founder Jack Dorsey made headlines when he minted an NFT connected to his first-ever tweet, featuring the immortal line “just setting up my twttr.” It sold for the equivalent of $2.9 million to blockchain entrepreneur Sina Estavi.Apr 15, 2022
It is official. Elon Musk has finally bought 100 per cent stake in Twitter for approx $44 billion , around $54.20 per share, and all of it in cash. The microblogging site has been evaluating Musk's offer for the past several weeks.
Twitter Inc. TWTR -1.42%▼ founder Jack Dorsey's first tweet was converted to a nonfungible token last year and sold for $2.9 million .Apr 16, 2022
What does he have in store? On Monday, Elon Musk bought Twitter for forty-four billion dollars.
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 . Mr Estavi bought the tweet in the form of a NFT in March 2021. NFTs have been touted as the digital answer to collectibles.Apr 14, 2022
Twitter cofounder Jack Dorsey created an NFT out of his first-ever tweet, which sold for $2.9 million a year ago. In an auction this past week, the highest bid was just $280.Apr 14, 2022
Last March, Twitter founder Jack Dorsey made headlines when he minted an NFT connected to his first-ever tweet, featuring the immortal line “just setting up my twttr.” It sold for the equivalent of $2.9 million to blockchain entrepreneur Sina Estavi .
While you could argue that Dorsey's first-tweet NFT has historical significance, the $2.9 million price tag is nearly impossible to justify. The bubble price Estavi paid epitomizes the greater fool theory at work.Apr 14, 2022