Elon musk is Selling his Tweet as an NFT – Highest bid is Over $1.1 Million

image Source Google – Teslarati.com

Elon musk is Selling his Tweet as an NFT – Highest bid is Over $1.1 Million

Elon Musk appears to be selling a recent tweet of his as a non-fungible token, or NFT. “I’m selling this song about NFTs as an NFT,” Musk, CEO of SpaceX and Tesla, tweeted on Monday.

As an NFT, I’m selling this song about NFTs. pic.twitter.com/B4EZLlesPx

— Elon Musk (@elonmusk) March 15, 2021

Elon released a techno song with the following lyrics in a Twitter post:  “NFT for your vanity. Computers never sleep. It’s verified. It’s guaranteed.” NFTs are unique cryptocurrency tokens used to represent digital assets, including jpegs and video clips. NFTs, like physical assets, can be bought and sold. 

Furthermore, because they run on the blockchain, the ownership and validity of the asset represented by NFTs can be tracked. Musk’s tweet, including his caption, clip, and song, 

was listed for sale as an NFT on “Valuables,” a platform released by Cent, a social media network built on the blockchain. According to the website, the highest offer is currently from Sina Estavi, CEO of Bridge Oracle, for $1.12 million as of Tuesday morning.

(“Valuables” requires users to log in with their Twitter account to ensure that tweets listed for sale were created by their true creators.)

According to “Valuables,” the tweet will “continue to live on Twitter,” but the winning bidder will own the NFT, which has been “signed and verified by the creator,” in this case, Musk.