Billionaire Elon Musk is apparently selling a recent tweet from him as an NFT, or non-fungible sign.
“I’m selling this song about NFTs as an NFT,” Musk, CEO of SpaceX and Tesla, tweeted on Monday.
In the Twitter message, Elon released a techno song with the lyrics: “NFT for your vanity. Computers never sleep. It’s verified. It’s guaranteed.”
There’s also a short futuristic video loop featuring a trophy titled “Vanity Trophy” with the term “NFT” at the top and “HODL”, a nod to a community meaning of a cryptocurrency, meaning a to hold coin instead of selling, repeat over its bottom.
NFTs are unique cryptocurrency tokens used to represent digital assets, including JPEGs and video clips. NFTs can be bought and sold just like physical assets. And since they work on blockchain, a decentralized digital ledger can be found that documents transactions, ownership, and validity of the asset that the NFTs represent.
Musk’s tweet, including his caption, clip and song, was offered for sale as an NFT on ‘Valuables’, a platform released by Cent, a social media network built on blockchain. The highest bid is currently from Bridge Estrai CEO Sina Estavi for $ 1.12 million as of Tuesday morning, the website shows. (“Valuables” requires users to sign in to the platform via their Twitter account to verify that tweets offered for sale are being made by their true creators.)
According to “Valuable Articles”, the tweet itself will “stay alive on Twitter”, but the winner who wins the bidder would own the 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 an NFT through ‘Valuables’. In March, Dorsey said all proceeds would be converted into bitcoin and donated to GiveDirectly, an organization that helps those living in poverty in Africa.
The highest bidder for Dorsey’s tweet was also Bridge Oracle’s 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 Musk tweeted for months about dogecoin, a cryptocurrency that started as a joke.
According to Bloomberg, Musk is worth $ 182 billion today.
A representative of Musk and Estavi did not immediately respond to CNBC’s request for comment.
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