Article 5Y6AW Man who paid $2.9m for NFT of Jack Dorsey’s first tweet set to lose almost $2.9m

Man who paid $2.9m for NFT of Jack Dorsey’s first tweet set to lose almost $2.9m

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Reuters
from Technology | The Guardian on (#5Y6AW)

This is the Mona Lisa of the digital world', says crypto entrepreneur Sina Estavi who bought the NFT in March 2021

Crypto entrepreneur Sina Estavi made headlines in March 2021 when he paid $2.9m for an NFT of Twitter boss Jack Dorsey's first tweet. But his efforts to resell it have run aground, with a top bid of just $6,800 as of Thursday.

The initial purchase was at the time among the most expensive sales of a non-fungible token, or NFT, and came amid a flurry of interest in the niche crypto assets.

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