“Oldest existing Twitter post” can be auctioned for more than 270 million yen-GIGAZINE

A short tweet posted by Twitter CEO Jack Dorsey in 2006 called “just setting my twttr” can be tokenized and auctioned.ValuesIt turned out that the high price of $ 2.5 million (about 270 million yen) was attached.

Dorsey of Twitter auctions the first tweet as a digital souvenir | Reuters
https://www.reuters.com/article/us-twitter-dorsey-idUSKBN2AY03A

Jack Dorsey is trying to sell his first tweet as NFT – The Verge
https://www.theverge.com/2021/3/5/22316320/jack-dorsey-original-tweet-nft-cent-valuables

Digital music and movie files are being released while the movement and movement of people is restricted by the epidemic of the new coronavirus infection (COVID-19).Non-Substitution Token (NFT)It has been increasing to be bought and sold with so-called crypto assets. Some NFT auction sites are so popular that the total trade value in February 2021 increased 10 times over the previous month.

What’s behind “a 10-second movie sold for 700 million yen”? – GIGAZINE

The popularity of NFT is due to its characteristic of “giving a unique value to digital things”. For example, Mona Lisa paintings, no matter how elaborate, are worthless copies and those “in kind” are traded at high prices. This is supported by the fact that the Mona Lisa’s value can be “proven to be genuine” in terms of the author / owner story.BlockchainNFT, which is a cryptocurrency that you use, can easily “prove that it is genuine” due to its mechanism. That is why it is useful for buying and selling art.

You can read more about what NFT is in the following articles:

What exactly is a “non-substitutable token (NFT)” that gives a unique value to a digital concept? – GIGAZINE

NFT’s buying and selling of digital art has been noted to be in a bubble situation, but Twitter CEO Jack Dorsey posted on March 22, 2006.First Twitter postIt was put up for auction NFT. Click the link below …

You will be taken to a platform called “Valuables” where you can buy and sell tokenized tweets. Valuables allows you to bid for tweets at auctions using NFT, and Dorsey’s tweets at the time of this writing are priced up to $ 2.5 million.

Values
https://v.cent.co/tweet/20

Valuables の Frequently Asked QuestionsAccording to, buying a tweet on Valuables means “buying a digital certificate for the tweet.” As a result, the tweet itself will continue to be published on the internet for free, while tweet buyers will get a digital certificate signed using encryption. Baseball cards are sometimes bought and sold at high prices in the United States, but the same goes for buying and selling tokenized tweets, which is said to be “like buying a unique, autographed baseball card.”

On the other hand, NFT cannot be used as proof of ownership / copyright,Noted that it is promotedFurthermore, there is also the point that “creators become promoters of cryptocurrencies instead of creating” and “unlike baseball cards, NFT has no supply restrictions, so a bubble is inevitable.”Has been singled out。