Crypto entrepreneur Sina Estavi listed the NFT for sale again at $48 million last week. He bought Twitter founder Jack Dorsey’s first-ever tweet as an NFT for $2.9 million last year.
A non-fungible token (NFT) of Twitter organizer Jack Dorsey’s very first tweet could sell for just shy of $280. The ongoing proprietor of the NFT recorded it for $48 million last week.
Iranian-conceived crypto business person Sina Estavi bought the NFT for $2.9 million in March 2021. Keep going Thursday, he declared on Twitter that he wished to sell the NFT, and promised half of its returns (which he thought would surpass $25 million) to good cause. The bartering shut Wednesday, with only seven complete offers going from 0.09 ETH ($277 at current costs) to 0.0019 ETH (nearly $6).
“The cutoff time I set was finished, yet assuming that I get a decent proposition, I could acknowledge it, I could never sell it,” Estavi told CoinDesk through a WhatsApp message on Wednesday.
Estavi has two days to acknowledge the bid, or it will terminate.
Estavi, whose crypto ventures Bridge Oracle and CryptoLand collapsed following his arrest in Iran last year, is in the middle of relaunching his Bridge Oracle tokens (BRG), which were originally on the Tron blockchain, to the Binance Smart Chain.
BRG investors are waiting for Estavi to exchange their old tokens for the new ones. Estavi, who announced the token swap on the same day he put up Dorsey’s tweet NFT for sale again, told CoinDesk that the swap is being run manually and the process may take up to two months to complete.