Cryptocurrency entrepreneur Sina Estavi bought the world’s first Tweet by Jack Dorsey last year for $2.9 million. Estavi is the same as last week. NFT It went on sale for $48 million.
NFT Sold for $48 Million, Highest Bid Remained Limited to $280
However, the highest bid for the NFT in question was limited to $280.
Iranian-born crypto entrepreneur Sina Estavi bought Jack Dorsey’s NFT of Tweet in March 2021 for $2.9 million. Last Thursday, he announced that he wanted to sell this NFT and would donate 50% of the proceeds.
Estavi thought this 50% donation portion would exceed $25 million. However, the auction was concluded and the 7 bids were 0.09. Ethereum It ranged from ($277) to 0.0019 Ethereum ($6).
I decided to sell this NFT ( the world’s first ever tweet ) and donate 50% of the proceeds ( $25 million or more ) to the charity @GiveDirectly
🖇 https://t.co/cnv5rtAEBQ pic.twitter.com/yiaZjJt1p0— Estavi (@sinaEstavi) April 6, 2022
Estavi, in his statement after the latest development, said:
“The last bid I created has expired, but if I get a good offer, I can accept it or never sell NFT.”
Estavi has two days to accept offers made to him, after two days the offers will expire.
Estavi, where crypto startups Bridge Oracle and Cryptoland collapsed after his arrest in Iran last year, is preparing to relaunch his Bridge Oracle Tokens (BRG) initiative. This project was originally intended for the Tron Blockchain, but the new launch will be on the Binance Smart Chain.
BRG investors expect Estavi to replace their old tokens with new ones. Estavi, who announced the token exchange on the day Dorsey’s tweet was put up for sale, said that the exchange was done manually and could take up to two months to complete.
*Not investment advice.