Justin Sun, Sina Estavi & Co Race to Buy NFT of Jack Dorsey’s First Tweet

Jack Dorsey Justin Sun NFT Non-fungible tokens Tron

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Tim Alper

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Tim Alper

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Tim Alper is a British journalist and features writer who has worked at Cryptonews.com since 2018. He has written for media outlets such as the BBC, the Guardian, and Chosun Ilbo. He has also worked...

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June 26, 2023 06:58 EDT

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The race to buy Twitter impresario Jack Dorsey’s first-ever tweet, from way back in 2006 – enshrined in non-fungible token (NFT) form – is gathering speed, with Tron chief Justin Sun making two bids for the token.

Dorsey, a notable bitcoin (BTC) bull, put the tweet up for sale on Friday last week.

The Tron boss, who has had a torrid 2021 thus far, claimed he had made a USD 2 million bid for the token.

However, official data from the bidding platform in question shows that Sina Estavi, the CEO of the Bridge Oracle platform – built on the Tron network – has since outbid Sun, with an offer of USD 2.5 million.

Estavi has also bid USD 121,000 for an NFT of a 2019 tweet by the CEO of Binance, Changpeng “CZ” Zhao, on the same platform. The token sold just days ago for USD 6,600 worth of ethereum (ETH) and reads: “Slap yourself if you sold BTC under USD 10,000.”

Elsewhere, NFT fever shows no sign of subsiding, with a buyer snapping up an original Banksy art piece that was sensationally burned by its original buyer for USD 380,000 worth of ETH, per data from the OpenSea platform. The art world was shocked as the buyer, a blockchain firm named Injective Protocol, filmed the destruction of the physical original of Banksy’s Morons (White) from 2006, and minted an NFT.

Per CBS News, the firm had paid some USD 95,000 for the work and says it will donate the proceeds of the sale to a coronavirus pandemic-fighting charity.

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