Jack Dorsey’s first NFT tweet, which was bought for $2.9 million has been listed on OpenSea since April 7 for $48 million, but is trying to reach its goal, at one point over $280 and above its current high price of $6,000.
Iranian businessman, Sina Estavi, revealed that he aims to sell Twitter founder Dorsey’s first tweet and donate 50 percent of the income to charity. Listing it at $48 million, Sina Estavi says that the donation will be $25 million or more.
But the first bids for the NFT have been awful, with just seven total bids differs from 0.0019 ETH (approximately $6) to 0.09 ETH or $281.15 at the time the auction was ended.
Though the auction is closed, it looks like it could be re-bid at the time of writing. Out of the highest bid of just 0.09 ETH, the highest bid for the NFT was, 99900% of the floor price and is currently at 2 ETH or $6231.80.
Simultaneously, 50% of the revenue from charitable donations appear to be low for the Twitter founder, which offers “99%”.
It may be recalled that Dorsey sold his initial tweet as an NFT in March 2021. After selling it for $2.9 million, he transformed the returns to Bitcoins and donated them to Africa for COVID-19 release.
In other relevant news, the NFT owner, Estavi looks forward to returning to the industry after two failed crypto investments and nine months behind bars. He wants the owners of his Bridge Oracle Token project, BRG, to work properly and allow the owners to exchange these tokens for a new version running on the BSC.
The Dorsey Tweet NFT Saga: From $2.9M Down to $280, and up by $6KLeave this field empty if you're human:
