THELOGICALINDIAN - Tron architect Justin Sun has placed a bid of 500000 on the NFT
Jack Dorsey, the architect and CEO of Twitter, has started accepting bids on an NFT of the platform’s first-ever tweet.
Celebrities Flocking to NFTs
Tron architect Justin Sun the accomplished applicant at $500,000. Counter-offers charge to be 10% increments of the accomplished bid or $1, whichever is higher. Therefore, a new applicant will accept to bid at atomic $550,000 to get their bid accustomed as the accomplished bid.
Valuables is an action by Cent that allows users to mint, buy, and advertise their tweets in the anatomy of a Non-Fungible Token (NFT). The NFT is a digitally active and absolute cheep that can alone be minted already but can be awash and resold infinitely. Already a auction has been made, the agent receives 95% of the sale’s proceeds, while the actual 5% is answerable as fees by the platform.
Interestingly, Elon Musk’s cheep about Dogecoin received a bid of over $7,000. Currently, Musk’s demography Telsa clandestine cheep has a bid of over $42,000. This cheep acquired Musk to pay the SEC a accomplished of $20 million aback in 2018.
In February, Shark Tank celebrity and buyer of the Dallas Mavericks, Mark Cuban, sold one of his tweets on the Valuables belvedere for about $1,000.
The NFT chic is not assuming any signs of slowing doing. Kings of Leon will absolution this upcoming anthology as an NFT, and video bold ample Ubisoft partnered up with the NFT-based gaming platform, Sorare.
A accumulation that austere Banksy’s aboriginal artwork fabricated the headlines this anniversary took. The accumulation not alone austere Banky’s artwork but after appear that they would actualize an NFT adaptation of it. A allocation of the gain from the auction of this NFT will go to charity.
The columnist didn’t authority crypto mentioned in this commodity at the time of press.
