Jack Dorsey’s First-Tweet NFT, Listed at $48 Million, Has Lost 99% Of Its Value
When crypto entrepreneur Sina Estavi purchased the NFT of Twitter’s co-founder Jack Dorsey’s first-ever tweet back in March 2021 for a staggering $2.9 million, the world was divided into two groups. Some pointed to the sale as proof of both the NFT concept and the wider demand. Others couldn’t help but be completely baffled at the absurdity of all of it. I fall into the latter, struggling to process the fact that someone spent $2.9 million on a digital certificate that serves as proof of owne...
Jack Dorsey’s First-Tweet NFT, Listed at $48 Million, Has Lost 99% Of Its Value
When crypto entrepreneur Sina Estavi purchased the NFT of Twitter’s co-founder Jack Dorsey’s first-ever tweet back in March 2021 for a staggering $2.9 million, the world was divided into two groups. Some pointed to the sale as proof of both the NFT concept and the wider demand. Others couldn’t help but be completely baffled at the absurdity of all of it. I fall into the latter, struggling to process the fact that someone spent $2.9 million on a digital certificate that serves as proof of owne...
