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TEXXR

Chronicles

The story behind the story

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Jack Dorsey has listed his original tweet, “just setting up my twttr”, as an NFT on auction site Valuables

Apparently you can actually sell your tweets as NFT  —  Jack Dorsey, the billionaire co-founder and CEO of Twitter, a man who stans bitcoin right on his Twitter bio …

The Verge Jay Peters

Context & Ripple Effects

Dorsey’s listing put a historically notable Twitter post into Valuables’ model for selling tweets as Ethereum-based NFTs, a service operated by crypto company Cent. The auction quickly drew bids reaching $2.5 million and later closed at nearly $2.92 million, turning a social-media artifact into a high-profile test of NFT ownership claims.

The subsequent resale attempt is the important qualification: the NFT that sold for $2.9 million later attracted a maximum bid of 2 ETH, about $6,200. The sequence separates the value of Dorsey’s initial sale and charitable donation from the market value a later buyer was willing to assign to the token.

First-order effects

  • Valuables gains visibility and transaction demand by hosting an auction tied to Twitter’s co-founder and the platform’s first post.
  • Dorsey’s listing creates a tradable NFT linked to the tweet, with the initial auction ultimately producing proceeds he said were sent to GiveDirectly’s Africa fund as BTC.

Second-order effects

  • Other creators and NFT marketplaces receive a prominent signal that social posts can be packaged as collectible tokens, intensifying competition for recognizable online artifacts.
  • The later resale result forces buyers and platforms to distinguish a headline-grabbing primary auction from repeatable secondary-market demand for the same token.

Third-order effects

  • If creator-post NFTs continue to depend on singular moments and famous sellers, their market will favor scarce provenance events over a broad, liquid market for ordinary social-media posts.
  • The gap between the initial sale and later bid indicates that NFT ownership alone does not establish durable pricing; platforms’ ability to sustain buyer confidence and resale liquidity becomes central.

The trend: NFT platforms are testing whether digital provenance can turn culturally significant social posts into collectibles, while secondary-market pricing tests the durability of that claim.

Discussion

  • @jack @jack on x
    https://v.cent.co/...
  • @kantrowitz Alex Kantrowitz on x
    Okay, convince me the economy isn't drunk https://twitter.com/...
  • @can @can on x
    “delete your tweets” remains my best/worst advice https://twitter.com/...
  • @quinnypig Corey Quinn on x
    I wish my shitposting was newsworthy. I feel like I'm on the cusp! https://twitter.com/...
  • @trekonomics @trekonomics on x
    all the bourgeois want to be artists, and all the artists want to be bourgeois https://twitter.com/...
  • @trekonomics @trekonomics on x
    Still can't get over the fact that @jack is selling his famous first tweet through an app designed to let people make money from their tweets 🤔 https://twitter.com/...
  • @kateconger O...K on x
    can someone buy the tweet and then delete the tweet https://twitter.com/...
  • @cburniske Chris Burniske on x
    This tweet will set the bar of what a tweet can be worth, already nearing a $100K bid. https://twitter.com/... https://twitter.com/...
  • @danielpunkass Daniel Jalkut on x
    I know this is getting all the flak but on top of everything else it feels off to me that a CEO of a public company is trying to profit (?) from a make-believe asset hosted on his own company's website. https://twitter.com/...
  • @medicalquack @medicalquack on x
    Seriously? come one RT @Techmeme: @jack has listed his original tweet, “just setting up my twttr”, as an NFT on auction site Valuables (@jaypeters / The Verge) https://www.theverge.com/... https://www.techmeme.com/...
  • @mikeisaac Rat King on x
    @jack this one gonna do numbers
  • @willoremus Will Oremus on x
    @jack Exit Through the NFT Shop
  • @notwaldorf Monica on x
    just when I thought the nft hype couldn't get worse, you can now apparently make nfts out of tweets, because that's an art form worth wasting energy on. but yeah tell me again how nfts are for the artists and how they're totally going to solve all art market problems. https://twi…
  • @moskov Dustin Moskovitz on x
    Nobody needs to own tweets. This trend is bad, and it's totally ruining @BoredElonMusk who is just trying to monetize his account incessantly now. Please get off my lawn. https://twitter.com/...
  • @themarkcooke Mark on x
    So I'm going to be able to sell my tweets soon? Would people pay for my #futures dive bomb tweets? I marked the top just a few weeks ago. 🤷🏻 https://twitter.com/...
  • @joshconstine Josh Constine on x
    https://twitter.com/... https://twitter.com/...
  • @ron_miller Ron Miller on x
    Maybe everyone should sell their original Tweet. The value can be established based on how boring it is compared to this one. https://twitter.com/...
  • @harrymccracken Harry McCracken on x
    Radio Shack tweets: $1 each, 3/$2.50 Non-Radio Shack tweets: $5 each 10% off for typos https://www.theverge.com/...
  • @scribblingon Shubheksha on x
    My god we are truly in the worst timeline https://twitter.com/...
  • @karengeier @karengeier on x
    if you buy this, you're the biggest chooch that ever lived https://twitter.com/...