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.
Dorsey put the tweet up for sale on March 5, with the bidding quickly jumping into the millions. The final sale price was $2,915,835.47.
Sent to @GiveDirectly Africa fund šThank you, @sinaEstavi. pic.twitter.com/aEZu07auLV
ā jack (@jack) March 22, 2021
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 LeonĀ is selling its latest album as an NFT, andĀ Christie's just sold off a digital artwork its first NFT auction.