Jack Dorsey has sold his first tweet ever as an NFT, a nonfungible token. Raking in $2.9 million for the 15-year-old tweet -- which reads "just setting up my twttr" -- the Twitter CEO immediately handed the proceeds over to GiveDirectly's Africa charity fund Monday in Bitcoin.
on March 5, with the bidding quickly jumping into the millions. The final sale price was $2,915,835.47.
NFTs are a cryptographic tokens that are enjoying popularity with artists and musicians. The digital assets are stored on the blockchain, the same technology that's behind cryptocurrencies like Bitcoin. The band Kings of Leon is selling its latest album as an NFT, and Christie's just sold off a digital artwork its first NFT auction.