Twitter CEO to Convert the Proceeds of his NFT into Bitcoin Before Donating

2021-3-11 21:51

Twitter co-founder and Chief Executive Officer Jack Dorsey cleared any speculation of him joining the Ethereum party.

Last week, Dorsey put up his first-ever tweet – “just setting up my twttr,” on sale as a non-fungible token (NFT). The creator of a tweet basically decides to mint their tweet on the blockchain, creating a 1-of-1 autographed version.

The highest bid on Dorsey’s tweet is currently $2.5 million.

Dorsey clarified on Wednesday that the last date to bid on the tweet is March 21st, and he will “immediately convert proceeds to Bitcoin.”

The Bitcoin proceeds would then be sent to COVID-19 relief in Africa through GiveDirectly, a global NGO that makes digital cash transfers.

“Pretty nifty and extremely generous, Jack!” commented GiveDirectly.

Interestingly, GiveDirectly actually supports ETH and ERC20 tokens besides Bitcoin, stock transfer, wire transfer, check, PayPal, and through cards.

But Dorsey is all about Bitcoin, which he believes could become the currency of the Internet. As of writing, one BTC is currently about $55,000, up 13.5x from its March lows.

The payments company Square, led by Dorsey, has also invested a total of $220 million in Bitcoin.

And if one thinks it would be more efficient to make a direct cash donation than going the blockchain route, Dorsey doesn’t think so.

The post Twitter CEO to Convert the Proceeds of his NFT into Bitcoin Before Donating first appeared on BitcoinExchangeGuide.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

NFT (NFT) íà Currencies.ru

$ 0.1282 (+0.51%)
Îáúåì 24H $0
Èçìåíåèÿ 24h: 4.93 %, 7d: 9.39 %
Cåãîäíÿ L: $0.1282 - H: $0.1282
Êàïèòàëèçàöèÿ $0 Rank 3750
Äîñòóïíî / Âñåãî 0 NFT

nft bitcoin twitter donating proceeds ceo convert

nft bitcoin → Ðåçóëüòàòîâ: 47


Ôîòî:

.NFT Web Domain Extension Scooped Up for Record $84K by Kenetic’s Jehan Chu

Jehan Chu, who owns 1,300 Handshake domains, will be able to issue an unlimited number of subdomains under the .NFT extension. The Previous Owner Bought Extension for Less Than $600 Amid the rally in major cryptocurrencies like Bitcoin and Ethereum, non-fungible tokens (NFT) have experienced an explosion in interest, echoed by Hashmasks’ recent funding campaign, […]

2021-2-4 23:15


Ôîòî:

Enjin (ENJ) Allies with Miss Bitcoin to Launch the First NFT Project in Japan

Gracone Inc, an educational platform highlighting the use of blockchain and non-fungible tokens, particularly in charity, is partnering with Enjin to launch the first Japanese NFT charity project via Kizuna, a hub that aims to change the society through sustainable development goals by leveraging on the blockchain, an announcement on Jan 18 reveals. Tokenizing ArtRead More

2021-1-18 16:33


Ôîòî:

‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art

The non-fungible token (NFT) and blockchain-backed collectible economy continue to see demand and the digital art market Makerplace has seen enormous growth recently. A number of well known artists have started to participate, as work from the acclaimed comic book illustrator Jose Delbo and 4K video art from Terry Flaxton will be sold on the […] The post ‘Wonder Woman’ Illustrator and British Artist Terry Flaxton to Sell Ethereum-Backed Art appeared first on Bitcoin News.

2020-7-18 23:45