Jack Dorsey (Twitter) wants to sell his first tweet for 2 million…
Jack Dorsey decided to sell his first Tweet in the form of an NFT, complete with a poster, for two million dollars … The tweet was the following, complete with a typo:
just setting up my twttr
– jack (@jack) March 21, 2006
Dorsey wants to incorporate the message, with an autographed poster, in an NFT, a "Non Fungible Token", that is a blockchain token NOT the same as the others, therefore not interchangeable, which contains the digitized message inside.
NFTs are, in a sense, the future for making artistic and unique products transferable. The tokens used for payments are fungible, i.e. interchangeable in their function. A single Bitcoin equals all the others in its own property as a means of payment. On the contrary, the NTFs are not equal to each other and contain, internally, texts, artistic works, relevant data or other unique ones.
An original painting, for example Le Dejeuner sur l'herbe by Manet, can also be reproduced in perfect copies, but none will be the original. An NTF has a unique encoding so I can also copy internal data, but none will be the original. However, an NTF will always be unique and unimitable.
The Blockchain where these NTFs are produced is, usually, Etheruem, which, also for these reasons as well as for use in DeFi's Smart Contracts and the positive push for crypto in general, has had some success lately.
Out of general curiosity, who has so far offered two million for Jack Dorsey's first tweet? Simple: Justin Sun, the founder of Tron, who had already offered $ 4.5 million for a lunch with Warren Buffet , to change his mind about crypto.
Jack Dorsey is thus attempting yet another communication move to revive his social network, which does not have exactly brilliant performances. Of course, it could be brought back to the freedom of expression of the beginning, but it would be too easy and obvious a move. Those who want free speech can easily move to Minds.com .
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The article Jack Dorsey (Twitter) wants to sell his first tweet for 2 million… comes from ScenariEconomici.it .
This is a machine translation of a post published on Scenari Economici at the URL https://scenarieconomici.it/jack-dorsey-twitter-vuole-vendere-il-suo-primo-tweet-per-2-milioni/ on Sun, 07 Mar 2021 09:03:16 +0000.