Jack Dorsey is selling Twitter's first tweet as an NFT

Jack Dorsey sent the first tweet ever on March 21st, 2006 introducing the world to Twitter. Fast forward 15 years, Dorsey is now selling the first tweet as an NFT (Non-Fungible Tokens).

In case you don't know, Non-Fungible Tokens or NFTs allow users to buy and sell digital items which are verified using blockchain. Currently, NFTs support Ethereum ERC-721 and ERC-1155 Standard. Unlike normal currency or cryptocurrency, NFTs are unique and are not interchangable. NFTs rose to popularity recently with the cryptocurrency boom and artists are now adopting them as a way to sell their work online. Recently, Grimes sold her crypto art NFT collection for $6 million while popular YouTuber Logan Paul partnered with Bondly Finance to introduce his own NFTs.

Jack Dorsey is selling his tweet on a platform called Valuables that lets users bid on tweets. Dorsey has listed the first tweet for sale and at the time of writing this article, the highest bid was for $294,444.

According to Valuables FAQ, when you buy an NFT from their platform, you are actually buying a unique "digital certificate of the tweet, unique because it has been signed and verified by the creator.” In other words, you are basically paying almost $300,000 for a digital autograph by Jack Dorsey. The website also mentions that the tweet will be available publicly after it has been bought so it doesn't make much sense to pay so much money for what is essentially an autograph. That said, if you are interested in getting in on the action, then you can do so on Valuables. All you have to do is beat the current bid of $294,444.

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