NFT bubble burst? Only a few thousand bids on Jack Dorsey’s crores of tweets … | Nft bubble burst jack dorseys crores of tweets cost only a few thousand rupees
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NFT of Jack Dorsey’s first tweet was bought for around Rs 22 crore. It is now up for auction and the NFT is expected to sell for 50 million. However, his highest bid was only $ 280, much to the shock of buyers.
Jack Dorsey
Mumbai: About NFT (NFT) Is getting a lot of craze. The first NFT collection CryptoPunks is currently selling for over 50 150,000. Those who bought the Board App Yacht Club a year ago for 250 250 can now sell its NFTs for more than 00 300,000. But, it is not always beneficial. Last year, crypto entrepreneurs (crypto Entrepreneur(Twitter co-founder Jack Dorsey of Sina Estavi)Jack Dorsey) First tweet bought NFT for 2.9 million. Sina Estavi put it up for NFT auction for 7 days. He tweeted that he would donate half of the $ 50 million he received from the bid. However, when the highest bid for Purchased NFT in crores was only $ 280 (approximately Rs. 21,000). CoinDesk reported this.
In the meantime, Estavi NFT Marketplace OpenSea may accept or reject bids the way they work. So crypto entrepreneur Sina Estavi says he is ready for another auction. Now his bid has gone up to 4631. His bid is expected to increase further by the end of the auction. However, it is rumored to be impossible to raise the price to $ 2.9 million (Rs 22 crore). Istavi had predicted before the bidding started that his bid could go up to 50 million. He told CoinDesk that the deadline he had set had passed. But, if there is a good offer, they can accept it or they will keep it with you without selling NFT.
What is NFT?
NFT stands for Non Fungible Token. It is a kind of digital asset. This is handled by blockchain technology. With the help of this technology, ownership of GIFs, photos, video clips, paintings and other valuable digital assets is confirmed. All of these things are now digital assets and are traded digitally. In short, you can auction off your digital goods and buy and sell them through cryptocurrency.
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