crypto entrepreneur Sinai EstawiIn March last year, Twitter founder Jack Dorsey paid $ 2.9 million for his first tweet and made headlines. Estavi recently re-sold NFT and did not get the offer he expected. Here are the details of the NFT available for sale.
Estavi, who made Twitter’s first tweet a very high price, paid a total of $ 2.9 million. In the period when the NFT craze was in demand, NFTs, which were sold with a very high price tag, attracted attention.
Estavi bought first tweet NFTon the popular NFT marketplace OpenSea, and set a price tag of $48 million for NFT.
However, the offers were not of the kind that would please Estavi. During the first week, the bids did not even exceed a few hundred dollars. Dissatisfied with these offers, the seller chose to remove the ad. Estavi, who later reactivated the ad, saw the highest bid as 2.2 ETH (about $ 6800), this time.
Estavi, who was imprisoned in Iran and recently released, told Reuters via direct message on Twitter: “My offer to sell was high and I knew not everyone could afford it,” and then he wasn’t sure if he really wanted to sell NFT.
“It is important to me who wants to buy it, I will not sell this NFT to anyone because I don’t think everyone deserves this NFT,” Estavi said.
NFTs represent one of the hottest areas in the crypto world as a crypto asset format that can record ownership of a digital file such as an image, video or text. Any NFT has no guarantee of value and can be highly manipulated in the market.
However, Estavi was quite sure of the value of his purchase:
He reinforced this decision with the comment “This NFT is not just a tweet, this is the Mona Lisa of the digital world”.
Announcing the NFT sale in a tweet on April 6, Estavi promised to donate 50% of the proceeds, which he expects to be at least $25 million, to charities. He said the rest will go to support Bridge Oracle.
Crypto Victim!
Estavi, who lives in Malaysia, said he was arrested during a visit to Iran in May last year and was kept in solitary confinement until his release in February. Iranian state media reported in May 2021 that he was accused of “disrupting the country’s economic system”.
Estavi added that he was arrested due to the growth of crypto exchange Bridge Oracle, and describes himself as a “victim of crypto”.
The source of the news, Reuters, stated that Estavi could not confirm his claims.