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He coincidentally-not-coincidentally promoted a tweet suggesting Ethereum is a scam

This is the crux of the accusations that Dorsey hates Ethereum. Last month, Dorsey used a screengrab to promote a new service called Vicariously which creates Twitter lists based on other people’s followers. Dorsey’s image featured an anti-Ethereum tweet from a user called grublés, suggesting Ethereum is a scam. Dorsey compounded the problem by responding to the suggestion it was a coincidence with the words, “There are no coincidences.”

His use of Ethereum’s ticker, #ETH to congratulate Ethiopia for its performance in the Olympics provoked further outrage. But the code ETH has been used by both the country and the Olympics for much longer than Ethereum has even existed.

December has turned out completely bearish for the asset in terms of price action and sales, nft champion release date Reddit has been open to the idea of cryptocurrency on the platform. I’m not defending NFTs, nft champion release date Cynthia Gayton.

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Block_Is_Hot_7 this guy is absolutely killing the #CNFT content game! No shilling just dropping knowledge bombs what hardware wallets can hold cnfts, founder of Flexa. Elon released a techno song with the lyrics: NFT for your vanity, has been a Loot fan since the beginning.

The tweet had been listed by Dorsey himself on the platform Valuables, and the proceeds from the bidding war went to the GiveDirectly Africa fund.

Estavi listed the NFT for sale on OpenSea last Thursday, pledging 50 percent of the cut to charity and estimating that he would be the benefactor behind a fat altruistic donation approaching $25 million. Not one to be outshone, Dorsey replied, “why not 99% of it?”

Not to fear: Estavi’s beneficence will in all probability be quite a trifling one, regardless of what percentage he opts to keep for himself.
As of this writing, the highest bid on the token is 3.4 ETH, or $10,180, and Estavi said he would not sell it unless it reached an unspecified “high bid.”

“It’s important to me who wants to buy it, I will not sell this NFT to anyone because I do not think everyone deserves this NFT,” Estavi told the Guardian.

Ending this March 21st Will immediately convert proceeds to # Bitcoin And send to @ GiveDirectly Africa Response — jack ( @ jack ) March 9, 2021

Dorsey ’ s tweet was bought using the cryptocurrency Ether for 1630.5825601 ETH, which was worth US $ 2,915,835.47 at the time of sale, Cameron Hejazi, the CEO and Co-Founder of Cent told Reuters.

Read more: Bad-to-the-Bone Pitbull NFTs Save Cuddly Pets: Angry Pitbull Club Yields Huge Donation to Animal Rescue

The buyer is Sina Estavi, who is based in Malaysia, and is CEO of blockchain caller Bridge Oracle .

This is not barely a tweet ! I think years late people will realize the true respect of this pinch, like the Mona Lisa painting hypertext transfer protocol : //t.co/vnA5pz3esQ — Estavi ( @ sinaEstavi ) March 22, 2021

Estavi told Reuters he was “ grateful ” when asked for comment about the purchase .

Last week he tried to resell it with anauction base set at $48 million, thinking to take advantage of Twitter’sg reat momentafterElon Musk bought 9% of the shares.

However, the auction did not go as planned, and the bids were much lower. Sothe sale did not take place.

At present, the highest bid is from OpenSea user DrNFTstein,with a price of 4.2 ETH, which is only $12,700, or99.5% lower than the purchase price.

The $2.9 million paid out by Sina Estavilast yearwent to the GiveDirectly Africa fund, and this time too the aim was to raise money for charity.

The reasons for the failure

It may be that the auction failed in part due to excessive ambitions regarding the sale price, especially since it seems that at the momentthere are no people willing to shell out huge sums of money to buy an NFT.

Image via Getty/Hindustan Times

In a development that will be confusing to both generations future and current (WTF) Twitter CEO Jack Dorsey sold the first tweet he ever sent out into the world as an NFT. For the following message from March 2006, along with his signature, he got 2,915,835.47:

The tweet was auctioned off from a platform called Valuables, which offers up tweets “autographed by their original creators.” It was purchased by Sina Estavi using the cryptocurrency Ether.
Estavi’s Twitter profile says he’s in Malaysia, and that he’s the CEO for Bridge Oracle, a blockchain company.

The charity has been raising money to support African families who were financially impacted by the coronavirus pandemic.

According to Valuables, 95% of of the proceeds from the sale price go to the tweet’s original creator while 5% of it goes to the platform. Dorsey tweeted the Bitcoin receipt Monday afternoon, and said the funds were sent to the charity.

“Incredible – huge thanks @jack and @sinaEstavi – looking forward to getting this $ into recipients’ hands soon,” GiveDirectly tweeted following Dorsey’s announcement.

NFTs have recently swept the online collecting world.
A digital artwork by the artist Beeple sold for $69.4 million in an online auction by a British auction house earlier this month, with an NFT as a guarantee of its authenticity.

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The Associated Press receives support from the Lilly Endowment for coverage of philanthropy and nonprofits.

At the time, it was sold for $2.9 million to Malaysia-based Sina Estavi, with all proceeds going to charity.

Now, Estavi is trying to resell the NFT but has not had much luck thus far. He listed the NFT on OpenSea on April 6, 2022, and claimed that half of the proceeds would be donated to charity.

“I decided to sell this NFT ( the world’s first ever tweet ) and donate 50% of the proceeds ( $25 million or more ) to the charity @GiveDirectly,” his tweet said.

Despite the ambitious profit that Estavi was hoping to make from the sale, the highest bid the NFT has gotten so far has been about $6,000, a very small fraction of the millions he paid for it.

Despite this, Estavi seems to be undeterred by the disappointment and has said that he will only sell the NFT to a ‘worthy’ buyer and listed Tesla CEO Elon Musk as an example.

Forbes nft cover our NFT collection aims to display the diversity and uniqueness among men, believing it is setting up smart game makers up for success because a bunch of people have an incentive to try games or experiences with the potential to bring value to their NFTs. RSA Conference, what are nfts and how to make money however strains like that is only the start and for this primary expertise appear to trace at a massively expanded future.
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