Twitter founder Jack Dorsey’s first tweet gets $2 million bid

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Twitter founder Jack Dorsey has received a $2 million bid for his first tweet that he has autographed and put up for auction.</p>
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"just setting up my twttr," Dorsey had tweeted on March 21, 2006. On Friday he posted a link to "Valuables @Cent," an online marketplace for tweets where investors or collectors can "buy and sell tweets autographed by their creators."</p>
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The top bid for Dorsey's tweet has been offered by Justin Sun, the founder of TRON, a platform for blockchain, the technology underlying cryptocurrencies. He also heads the BitTorrent streaming platform.</p>
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"The creator of a tweet decides if they would like to mint it on the blockchain, creating a 1-of-1 autographed version," Valuables explains.</p>
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Buying a tweet means purchasing "a digital certificate of the tweet, unique because it has been signed and verified by the creator," Valuables stated.</p>
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In Dorsey's case, the tweet itself remains visible to all, so long as he and Twitter leave it online.</p>
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Similar online sales of iconic digital events from National Basketball Association games have already been held. The short videos can be seen for free on the internet but a blockchain-backed "Non-Fungible Token" (NFT) is generated to guarantee the identity, authenticity and traceability of the video, confirming its value.</p>
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NBA Top Shot claims to have generated more than $200 million in transactions this year, according to Dapper Labs, which has formed a joint venture with NBA to create Top Shot.</p>
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Prestigious auction house Christie's had also last month sold an entirely digital artwork reflecting the increasing acceptance of digital products.</p>