Jack Dorsey NFT listed for $48M

What is NFT

The word NFT stands for Non Fungible Tokens and the Fungible means something that is interchangeable with the other same kind or identical things. But non fungible means that these are those assets which cannot be exchanged to other identical thing because these have unique values. We can exchange cryptocurrencies with others but we cannot exchange exchange one nft with other nft.

Now we know that everyone is familiar with crypto but not with the nft. But there are a lot of nfts which are present. These are old but the market of nft gained momentum in the past few years and these nfts dominated the crypto world a lot.

Nowadays a news of NFT of the Jack Dorsey is moving everywhere, so I have collected some information about that topic and now I am going to share it

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Twitter founder Jack Dorsey offered his NFT for sale last year. It was his first NFT which was offered for sale. Many buyers came over but his first NFT tweet was bought by the Sina Estavi who is an Iranian crypto entrepreneur. He bought this first NFT of the Jack Dorsey for $2.9 millions.

Now after one year he has listed that NFT again recently to sell it for $48 millions, And he said that he will give almost 50% of these funds for the charity.

Tweet of Estavi

So after his listing the NFT different people come forward and almost 7 offers came. They gave offers ranging between 0.00
9 ETH which is almost $280 at the current price to 0.019 ETH which is almost $6 at the current price.

Now the bidding time has over and similarly Estavi has 1 day to accept this offer. But Estavi has said that even the bid time has over but still if he gets a good offer he will accept.

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