Elon Musk offers to sell his tweet as NFT

Billionaire Elon Musk seems to be selling a recent tweet of his as an NFT, or unbreakable token.

“I’m selling this song about NFTs as NFTs,” said Musk, CEO of SpaceX and Tesla. posted to Twitter on Monday.

In the Twitter post, Elon released a techno song with the lyrics: “NFT for your vanity. Computers never sleep. It’s checked. It’s guaranteed.”

There is also a short futuristic video loop, which shows a trophy labeled “Vanity Trophy” with the term “NFT” at the top and “HODL”, a sign for a Community cryptocurrency term that means to hold a coin rather than to sell, repeatedly over her ass.

NFTs are unique cryptocurrency tokens used to represent digital assets, including jpegs and videos. NFTs can be bought and sold, just like physical assets. And since it runs on the blockchain, a decentralized digital registry can be tracked that documents the transactions, ownership, and validity of the asset that NFTs represent.

Musk’s tweet, including the caption, clip and song, was listed for sale as NFT on “Valuables”, a platform launched by Cent, a blockchain-based social network. The biggest offer is currently from Sina Estavi, CEO of Bridge Oracle, for 1.12 million dollars starting Tuesday morning, the website shows. (“Valuables” requires users to connect to the platform through their Twitter account to verify that the tweets listed for sale are made by their true creators.)

According to “Valuables”, the tweet itself will “continue to live on Twitter”, but the winning bidder would have NFT, “signed and verified by the creator”, which in this case is Musk.

Musk is not the first founder to do so.

Jack Dorsey, CEO of Twitter and Square, recently sold his first tweet as NFT through “Valuables”. In March, Dorsey said all proceeds would be converted to bitcoin and donated to GiveDirectly, an organization that helps those living in poverty in Africa.

The largest bidder for Dorsey’s tweet was also Oravi Bridge Estavi for $ 2.5 million.

Like Dorsey, Musk was part of a wave of support for the cryptocurrency space – under his leadership, Tesla bought $ 1.5 billion in bitcoin in February. And for months, Musk has been writing on Twitter about dogecoin, a cryptocurrency that started as a joke.

Today, Musk is worth $ 182 billion, according to Bloomberg.

A representative for Musk and Estavi did not immediately respond to CNBC’s request for Make It’s comments.

Check it out: Use this computer to see exactly how much the third coronavirus stimulus check might be worth

Do not miss:

.Source