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Musk, the receiver?

In the first two years, cryptocurrencies were very hot, what Bitcoin, Dogecoin, all TM went crazy.

Especially that Dogecoin, after Musk's "publicity" even directly doubled thousands of times, but the fast fall later, now there is no sound.

However, the popularity of these virtual currencies has subsided, but another form of digital cryptocurrency, the NFT, is on fire.

Speaking of NFTs is even more inexplicable. It can be anything or a virtual product as long as others want.

It can be an NFT avatar, the numbered one.

Musk, the receiver?

It can also be an NFT photo album.

Or even a research document.

Musk, the receiver?

These are also counted, but is it a bit "big wrong" for a tweet to be labeled with an NFT to sell?

In March last year, a cryptocurrency entrepreneur, Sina Estavi, a veteran of the coin industry, bought a Twitter NFT for $2.9 million.

The tweet was the first tweet made by Twitter founder Jack Dorsey in 2006, made of NFTs.

To be honest, it looks like a screenshot of the mediocre.

Musk, the receiver?

When he bought it, it was called a pledge.

He said that in the future, this Twitter NFT can bring more than $25 million in revenue.

At that time, 50% of the proceeds will be donated to charity.

In early April, he thought the time had come to auction off the NFT tweet. (Just kidding, don't find someone to take over, isn't it smashed in the hand)

He expects the tweet to be auctioned off at least $48 million.

So, the asking price he auctioned on the OpenSea platform was 14,969 Ether, which is about $48 million at the current price of Ethereum, which is 16.5 times the price he auctioned last year ($2.9 million).

We don't know how this estimate was calculated, and we don't dare to ask.

Musk, the receiver?

But, after the auction began, he was dumbfounded, and no one called for it, let alone $48 million, and even its ($2.9 million) cost could not be recovered.

As of the end of the initial offer, this Twitter NFT had received only 7 offers ranging from 0.0019 ETH (about $6) to 0.09 ETH (about $277).

Not more than one in ten thousandth of what he bid that year.

This incident can be said to have shocked the entire virtual currency circle.

In the face of outside skepticism, he tweeted:

"I welcome any positive or negative comments about our project and I'm sure time will tell." Success in time and work will be our best referee. ”

Still insisting that it will not be sold for less than $50 million.

He also said:

"My selling price is high, not everyone can afford it, and it matters to me who I sell to, and I don't sell it to anyone easily because I don't think everyone deserves this NFT."

Moreover, it has been emphasized that holding this NFT has long-term investment value, "after many years, people will finally realize the value of this NFT, this is the Mona Lisa of the digital world." ”

Say this, don't think about it, he must be in a hurry.

Didn't Musk say last week that he wanted to buy Twitter for $43 billion?

Sina Estavi @Musk immediately after the news came out: "It wouldn't be good if the owners of the entire Twitter company didn't own the first tweet in history. ”

But Musk ignored him... (Musk is rich, but people are not stupid)

Musk, the receiver?

This time there was no price, and it will be difficult to auction it in the future. Now the NFT circle is more popular, probably some avatars and the like.

Finally, I would like to remind everyone that on April 13, the China Internet Finance Association, the China Banking Association, and the Securities Association of China jointly issued an initiative on preventing financial risks related to NFTs:

Call on consumers to establish a correct concept of consumption and enhance their awareness of self-protection.

Consciously resist NFT speculation and speculation, be vigilant and stay away from NFT-related illegal financial activities, and effectively safeguard the safety of their own property.

If relevant illegal activities are found, they should be reported to the relevant departments in a timely manner.

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