The NFT of the first tweet goes from bad to worse: the highest bid is $ 23

It was bought in 2021 for two.9 million. The NFT of the first tweet was re-listed in April 2022 with little success. A couple of months after the public sale began, the highest bidder posted a ridiculous worth.

Remember the story of Twitter founder Jack Dorsey’s tweet, which the entrepreneur put up on the market as NFT in March 2021? If so, you will in all probability do not forget that it was bought for two.9 million by Cena Estavi, a cryptocurrency entrepreneur.

In April 2022, a yr after buying it, the latter re-listed the tweet for $ 48 million (however nonetheless guarantees that half of the proceeds will go to charity). Only, right here it is: the sale did not actually work and the most provide that Cena Estavi acquired was 3,000 3,000.

Did the contractor reject the provide? Have they expired? Went to stroll once more subsequent to Numerma Open C web page of Twitter, this June 20, 2022. And the outcomes are much more disappointing: the present highest provide is 0.02 ETH, or $ 22.58.

Tough, Really // Source: Numerma / Openness Screenshot

An essential story for NFT

The destiny of this tweet might appear to be an anecdote, but it surely has significance in the historical past of the NFT. Great curiosity was created for its sale Non-fungus tokens. It was on this event that Numerma wrote her first essay on the topic. The title, ” What is NFT and why purchase $ 2.5 million tweets? Was unequivocal.

Since then, Numerma’s editorial employees has written dozens of articles on the NFT, which have develop into actual social phenomena. A couple of thousand {dollars} have been raised from sure collections, comparable to the Board Apps Yacht Club or the Cryptopanks, and a piece of Artist Bipal was even bought for 69 million. Complete exhibitions devoted to the NFT have been organized, and new tasks associated to them are being arrange virtually each day.

Board App Yacht Club NFT // Source: Board App Yacht Club

But clearly, for Cena Istavi, the state of affairs is not good in any respect. Entrepreneur who stated at the time of the sale that he tweeted “ A component of human historical past, in digital kind 6, now the assure of dropping all his bets. He in contrast the tweet to a digital Mona Lisa and defined that he was certain of his funding. ” Who is aware of how a lot this tweet will value in 50 years? “She is OK.

Today, the embarrassment of the state of affairs is clear, and it makes you snort – the NFT that Numerama created in 2021 truly bought for greater than what was supplied at this time for Jack Dorsey’s tweet: it went to 0.021 ETH or .7 23.74.

Could the tide be turning for NFTs? (*23*) it is nonetheless too early to bury them, some very melodic voices are starting to emerge. The newest to converse of is far from unknown: Bill Gates stated June 16 that the NFTs are a “sight in his eyes.” Wealth class which exists in the precept of the biggest silly idea “Which means” Someone can pay extra [pour cet actif] That’s what I spent To obtain this ” I’ve nothing to do with it “, He concluded.

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