Twitter CEO raises R $ 14.5 million with a single tweet, see how

Charlie Taylor

Jack Dorsey, founder of Twitter, turned his first social media post into a blockchain-based token and auctioned it off. The event closes on March 21 and, as this article is being written, the biggest offer is at R $ 14.5 million in ether (ETH). This was made possible through a platform called Valuables that allows individuals to tokenize and sell your tweets in the form of a non-fungible token (NFT). The novelty was introduced by the Twitter CEO himself who now sells his first tweet:

"Just configuring my twttr"

As expected, the sale of tweets was an idea widely commented on the social network with several questions. “What prevents me from selling someone else's tweet?”, “What if the profile deletes the publication, did it destroy the value of my token?”, These and other questions seem to go unanswered. is here to stay, but the fact is that Jack will be getting a huge amount in ETH for the post of March 21, 2006. Second he, the amount will be immediately converted into Bitcoin (BTC) and donated to the African charity GiveDirectly (GD).

Want to earn Bitcoins?
We help you with that.
Open a free account!

GD is a non-profit organization that encourages the direct donation of money to needy people and, for that, accepts Bitcoin as a form of payment. According to the official website, more than 720,000 people have been helped with about $ 305 million in donations. In April 2020, Dorsey stated having donated about 28% of his fortune ($ 1 billion) to alleviate the damage caused by the covid-19 crisis. According to the creator of Twitter, his focus after the pandemic will be the health and education of women and a universal basic income.See also: To fight Bitcoin, Nigeria will pay 1.2 cents per dollar received

Click to rate this post!
[Total: 0 Average: 0]
Next Post

Companies can ask for a grace period to pay Pronampe

The Economy Ministry reported yesterday (9) that banks may extend the grace period for payment of the National Support Program for Micro and Small Enterprises (Pronampe) from eight to 11 months. The change in the text of the regulation was approved by the shareholders' meeting of the Operations Guarantee Fund […]

Subscribe US Now