Twitter founder Jack Dorsey’s first ever tweet sold at Ksh.318 million

Twitter founder Jack Dorsey's first ever tweet sold at Ksh.318 million

Twitter boss Jack Dorsey sold his first tweet to a Malaysian businessman for  $2.9 million (Ksh.318 million) on Monday.

The tweet, which said “just setting up my twttr,” was first published on March 21, 2006 and was auctioned off by Mr Dorsey for charity.

It will be sold as a non-fungible token (NFT) – a unique digital certificate that states who owns a photo, video or other forms of online media.

According to a BBC report, Tweets are the latest digital assets to be monetised through so-called non-fungible tokens.

NFTs use the blockchain, the same distributed database technology underlying Bitcoin and other cryptocurrencies, to create unique certificates of ownership of any kind of digital goods.

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