Jack Dorsey NFT’s first tweet goes on sale for $48M, gets $280 offer

founder of twitter Jack Dorseythe first ever tweet sold as NFTs (a non-fungible token) was put up for sale by a buyer for a whopping $48 million — and attracted a startlingly measly maximum offer of less than $280 by the deadline this week.

That’s when the seller contacted the potential owner of Twitter. Elon Muskurging him to bid – unsuccessfully.

Of course, entrepreneur Sina Estavi, chief executive of Malaysian crypto project Bridge Oracle, was counting on huge profits. Just over a year ago, he bought the Dorsey message as an NFT — a unique crypto asset — for $2.9 million, and put the NFT up for sale last week for $48 million. He promised to donate half of the proceeds to charity.

Dorsey’s world-first tweet (written on March 21, 2006) modestly states, “Just setting up my twitter.”

But suggestions for him ranged from almost $6 to about $277 by Wednesday’s deadline, according to Coin Desk. After the deadline, the best offer by Thursday was reportedly up to US$10,000.

Estavi urged Musk to bid on the NFT on Thursday. “It’s not good if the owner of all twitter does not own the first tweethe pleaded.

So far, Musk has not made an NFT proposal, but he still intends to buy Twitter and make it private until the company’s board of directors thinks of ways to thwart his plans.

As for the Dorsey NFT, Estavi doesn’t seem to be too worried about its prospects.

“The deadline that I set [is] over, but if I get a good offer, I might take it, I might never sell itHe told CoinDesk in a video call.

He told Reuters: “My offer to sell was high and not everyone could afford it. I care who wants to buy it. I will not sell this NFT to anyone because I I don’t think everyone deserves this NFT. ”

Estavi added: “This NFT is not just a tweet. This is the Mona Lisa of the digital world.”