Bidding has closed on the auction for the primary tweet ever tweeted by CEO Jack Dorsey, with a winning bid of over $2.9 Mln.
The auction for the so-called genesis tweet by the Twitter co-founder earlier in March 2006 closed recently on Monday.
The winning bidder, Sina Estavi [email protected], offered around 1630.6 ETH [-6.72%] earlier on 6th March, which wasn’t surpassed for the remaining 16 days of the auction.
Estavi is the CEO of Bridge Oracle, a public oracle system on the Tron network.
This amount was worth $2.5 Mln at the reporting time but has hiked to over $2.9 Mln with the appreciation within the price of Ethereum [ETH].
Dorsey had listed the tokenized version of the tweet earlier on 5th March on the non-fungible token [NFT] platform Valuables, a program for selling authenticated tweets created by startup Cent.
The winning bidder will receive a digital certificate of the tweet, signed and verified using cryptography by its creator.
The tweet was minted earlier in December, prompting a bidding war between Estavi & Tron founder Justin Sun.
The Twitter CEO announced earlier on 9th March that proceeds from the auction are going to be donated to charity.