Jack Dorsey has announced that he has sold the NFT from his first tweet, which went on sale a few days ago.
Ending this March 21st
Will immediately convert proceeds to #Bitcoin
And send to @GiveDirectly Africa Response
– jack (@jack) March 9, 2021
The NFT was purchased by the user SinaEstavi at a cost of approximately 1,630 ETH, which was approximately $ 2.9 million at the time of purchase.
Dorsey then declared who converted the ETH into Bitcoin and then donated it to poor people in Africa through GiveDirectly.
– GiveDirectly (@GiveDirectly) March 22, 2021
So unsurprisingly, Dorsey's initiative was for charitySo much so that the total sum raised by the founder of Twitter for the sale of this NFT that uniquely represents his first tweet was donated to charity.
Dorsey is no stranger to these kinds of initiatives and usually, as is his style, donates bitcoins. For this reason, he did not donate the ETH directly, but first turned it into approximately 50 BTC and then donated it.
NFTs lend themselves very easily to similar uses as, on the one hand, they allow the sale of unique digital collectibles, while, on the other hand, it is common practice to offer collectibles for sale to donate the proceeds to charities.
Jack Dorsey's first tweet turns into a unique NFT
In fact, the NFT created by Dorsey uniquely represents your first tweet, and in the event that the same author does not decide to broadcast other similar NFTs in the future, this will be the only NFT in the world that will represent the first tweet of the founder of Twitter.
In fact, NFTs are not technically duplicatable, falsifiable or modifiable, but only interchangeable. In addition, it is possible to publicly verify both their scarcity and the public address of the user who generated them. In other words, in this specific case, for example, anyone will always be able to publicly verify that the NFT was created by Jack Dorsey and that it is the only one of its kind in circulation.