The NFT version of Twitter founder Jack Dorsey’s first tweet was put up for auction on the OpenSea platform by its current owner for around $48 million, the price he paid for the tweet last year ($290). million) 16 times.
Sina Estavi, CEO of Malaysian blockchain firm Bridge Oracle, announced on Twitter on Wednesday that he would be auctioning off an NFT version of Dorsey’s March 21, 2006 tweet for an asking price of 14,969 Ethereum, which is about $48 million at the current price of Ethereum.
Estavi then pledged to donate 50% of the auction’s proceeds to charity GiveDirectly, which provides cash assistance to those living in poverty.
Dorsey also donated to GiveDirectly last year after auctioning off his NFT for this tweet. Responding to Estavi’s tweet on Wednesday, he said: “Why not give 99%?”