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Thursday, April 18, 2024

NFT of first-ever tweet a dud in online auction

NFTs — such as this one, of the painting ‘Madonna del Cardellino (‘Madonna of the Goldfinch’) by Raphael — have been in vogue, but the dud auction of the first ever tweet could signal the trend is slipping

SAN FRANCISCO: An NFT of the first tweet ever posted on Twitter was struggling to attract bidders on Thursday, with the highest offer so far just shy of $10,000 — a year after it was bought for $2.9 million.

In what could signal waning interest in non-fungible tokens (NFTs) hawked by athletes, artists, celebrities and tech stars, the famed inaugural Twitter post authored by co-founder Jack Dorsey seemed headed for an epic fail.

It has spent more than a week on the auction block at NFT marketplace OpenSea. The top offer was…

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