Would you buy a tweet? Last month, the first ever tweet by Twitter founder, Jack Dorsey was sold for a crazy, huge sum of ether, a cryptocurrency similar to bitcoin, equivalent in value to $2.9m (£2.1m).
The purchase was made via auction by the CEO of Malaysia-based blockchain company, Bridge Oracle, Sina Estavi. Proceeds from the sale were donated to help fight COVID-19 in Africa.
Now, we’re not promising anyone can start making wads of cash simply by selling old tweets. No one’s going to be interested in Karen from down the road’s 2009 Facebook post about what she’s having for tea. However, it does seem expected that the sale of tweets and other online content will become more popular in the future.
Just like we used to collect physical memorabilia of our favourite celebrities, could it be possible that we will start collecting digital pieces, such as social posts and photos too? Could a tweet really become a collector’s item? The buyer of Jack Dorsey’s tweet certainly seems to think so!
“This is not just a tweet!” Mr Estavi posted on Twitter. “I think years later people will realize the true value of this tweet, like the Mona Lisa painting.”