Twitter CEO Sells First Tweet On Twitter At $2.9 Million
Jack Dorsey, CEO of Twitter and Square, sold his first tweet as an NFT, or nonfungible token, for over $2. 9 million on Monday when bidding ended on the “Valuables” platform, which is run by Cent, a blockchain-powered social media network.
The tweet, which says, “just setting up my twttr,” was first posted by Dorsey on March 21, 2006.
NFTs are digital assets, including jpegs and video clips, that can be bought and sold, just like physical assets. And since they run on blockchain, a decentralized digital ledger that documents transactions, ownership and validity of each can be tracked.
Though there was a bidding war over the NFT of Dorsey’s tweet between tech entrepreneur Justin Sun and Bridge Oracle CEO Sina Estavi, ultimately, Estavi’s bid of over $2.9 million won, the site says. Estavi also bid $1.1 million to own the NFT of a recent tweet by Elon Musk, CEO of SpaceX and Tesla, which was also listed on “Valuables.”
Meanwhile Jack has kept to his words by sending the money on the auction to a charity organization in Africa. Dorsey said that all proceeds from his NFT sale would be converted to bitcoin and donated to GiveDirectly, an organization helping those living in poverty in Africa.
“Sent to @GiveDirectly Africa fund,” Dorsey tweeted on Monday. “Thank you, @sinaEstavi.
GOKADA CEO Found Murdered In New York
Less than a year that his motorcycle business went wrong in Nigeria, the CEO of GOKADA; Fahin Saleh has been presumed by the New York authority to have been gruesomely murdered and packed in a bag. The limbless, headless torso of a millionaire tech entrepreneur was found inside his swanky Manhattan condo Tuesday afternoon — an electric saw lying next to the remains, police said.New York Police made the grisly discovery in a building on E. Houston St. at Suffolk St....
FBI Declares A Nigerian Man Wanted for $30 Million Fraud
The United States Attorney Jacqueline C. Romero announced that a Nigerian man named Chidozie Collins Obasi, 29 has been charged by Indictment with one count of conspiracy to commit mail and wire fraud, six counts of mail fraud, and 16 counts of wire fraud, all stemming from a complicated, evolving fraud scheme that initially targeted Americans through a spam email campaign offering illegitimate “work from home” jobs, and then during the COVID-19 pandemic.Chidozie sp...
2 Nigerians Arrested For $1.2 Million Scam in U S
Arresting Nigerians for crime is no longer new in the U S because many Nigerians are serving their jail term in different correctional centres in the US.In another news, Rotimi Oladimeji and Olumide Akinrinmade appeared before the United States District Court for the Eastern District of Missouri on a romance scam.The Dou got arrested in Texas on August 9th after the return of a federal indictment charging mail fraud, wire fraud, conspiracy to commit mail fraud and w...
Download Naijacrawl App today
Fastest way to read on the go
Download the Naijacrawl App.