Jack Dorsey’s First Tweet’ NFT Went on Sale for $48M But It Came To A Close With A Top Bid Of Only $280.

Last year, crypto entrepreneur Sina Estavi paid $2.9 million for Twitter founder Jack Dorsey’s first-ever post as an NFT. Last Monday, he relisted the NFT for sale at $48 million.

A non-fungible token (NFT) of Twitter founder Jack Dorsey’s first tweet might sell for less than $280. Last week, the NFT‘s current owner offered it for $48 million on the market.

Sina Estavi, an Iranian-born crypto entrepreneur, bought the Jack Dorsey NFT for $2.9 million in March 2021. Last Thursday, he stated on Twitter that he wanted to sell the NFT and would donate half of the revenues to charity.

The auction ended on Wednesday with only seven offers totaling 0.09 ETH ($277 at current rates) to 0.0019 ETH (almost $6). Estavi said:

“The deadline I set was over, but if I get a good offer, I might accept it, I might never sell it,”

Estavi has two days to accept or reject the proposal before it expires.

Estavi, whose crypto projects Bridge Oracle and CryptoLand failed after his detention in Iran last year, is in the process of relaunching his Bridge Oracle tokens (BRG) on the Binance Smart Chain, which were previously on the Tron blockchain.

Investors in BRG are anticipating Estavi’s swap of their old coins for new ones. Estavi, who announced the token swap on the same day he re-listed Dorsey’s tweet NFT for sale, said that the process is being done manually and might take up to two months.

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