{"id":38620,"date":"2021-03-10T09:51:57","date_gmt":"2021-03-10T07:51:57","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38620"},"modified":"2025-08-30T05:40:35","modified_gmt":"2025-08-30T02:40:35","slug":"jack-dorsey-to-donate-proceeds-from-first-tweet-sale-to-charity","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/jack-dorsey-to-donate-proceeds-from-first-tweet-sale-to-charity\/","title":{"rendered":"Jack Dorsey to donate proceeds from first-tweet sale to charity"},"content":{"rendered":"<p>Twitter founder Jack Dorsey said he intends to convert the proceeds from the sale of his first tweet, in the form of a non-fungible token (NFT), into Bitcoin and donate them to charity.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Ending this March 21st<\/p>\n<p>Will immediately convert proceeds to <a href=\\\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#Bitcoin<\/a><\/p>\n<p>And send to <a href=\\\"https:\/\/twitter.com\/GiveDirectly?ref_src=twsrc%5Etfw\\\">@GiveDirectly<\/a> Africa Response<\/p>\n<p>\u2014 jack (@jack) <a href=\\\"https:\/\/twitter.com\/jack\/status\/1369326373035245581?ref_src=twsrc%5Etfw\\\">March 9, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p><span style=\\\"font-weight: 400;\\\">The recipient will be the nonprofit GiveDirectly<\/span><span style=\\\"font-weight: 400;\\\">. It helps families living in extreme poverty in East Africa.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">The auction on the Ethereum-based platform Valuables, which lets users create, sell and buy tweet-based NFTs, will run until March 21.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">At the time of writing, the highest bid for the post with the text \\&#8221;Just setting up my Twitter\\&#8221; had reached $2.5 million. It was placed by Bridge Oracle&#8217;s chief executive Hakan Estavi.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">Earlier <a href=\"https:\/\/u1f987.com\/en\/news\/jack-dorsey-puts-his-first-tweet-up-for-sale-justin-sun-offers-2-million\">$2 million for this NFT<\/a> was offered by Tron founder Justin Sun.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">In late February Beeple&#8217;s Trump NFT<a href=\"https:\/\/u1f987.com\/en\/news\/beeples-trump-nft-crossroad-resold-for-6-6-million\">resold for $6.6 million<\/a>. In December 2020, the artist earned $582,000 for \\&#8221;Crossroad\\&#8221;.<\/span><\/p>\n<p><span style=\\\"font-weight: 400;\\\">From February 4 to March 4, the trading volume of non-fungible tokens on the 12 largest platforms stood at <a href=\"https:\/\/u1f987.com\/en\/news\/nft-marketplaces-monthly-turnover-nears-500-million\">a record $480 million<\/a>.<\/p>\n<p><span style=\\\"font-weight: 400;\\\">The head of North Island Ventures, Glenn Hutchins, noted that diverse uses of digital assets, as exemplified by NFT tokens, <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-nft-tokens-boost-the-value-of-crypto-assets\">increase their value<\/a> as such.<\/span><\/p>\n<p>Follow ForkLog news on <a href=\\\"https:\/\/www.facebook.com\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Twitter founder Jack Dorsey announced his intention to convert the proceeds from the sale of his first tweet, in the form of a non-fungible token (NFT), into Bitcoin and donate them to charity.<\/p>\n","protected":false},"author":1,"featured_media":38621,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[526,306,1330,1213],"class_list":["post-38620","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-charity","tag-jack-dorsey","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"23","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38620"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38620\/revisions"}],"predecessor-version":[{"id":38622,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38620\/revisions\/38622"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38621"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}