What happens when someone buys a tweet?

According to Valuables by cent, 95 per cent of the money for purchasing the tweet goes to the creator of the tweet and five per cent goes to the website. For secondary sells, 87.5 per cent goes to the seller, 10 per cent goes to the creator and 2.5 per cent to the website.

What does it mean to buy a tweet?

Buying a tweet means purchasing “a digital certificate of the tweet, unique because it has been signed and verified by the creator,” according to Valuables. In Dorsey’s case, the tweet itself remains visible to all, so long as he and Twitter leave it online.

What does it mean to sell a tweet?

With the act of selling his tweet, Dorsey is actually selling it as a non-fungible token, or NFT. NFTs are files that act as signatures to certify who owns certain online media. … “Like an autograph on a baseball card, the NFT itself is the creator’s autograph on the content, making it scarce, unique, and valuable.”

IT IS INTERESTING:  Quick Answer: How do I change who sees my future posts on Facebook?

How is tweet sold?

Dorsey’s tweet was auctioned on Valuables, a platform by Cent, a social media network built on blockchain. … For Dorsey’s tweet, it was bought using Ether for 1630.5825601 ETH, which was worth around $2,915,835 at the time it sold, Cent CEO and co-founder Cameron Hejazi confirmed to Reuters.

Can you sell a tweet?

Users can buy or sell NFTs on exchange platforms and just like Twitter co-founder Jack Dorsey sold his first tweet for $2.5 million in an online auction, so can you.

Why is the first tweet worth so much?

The tweet, which said “just setting up my twttr,” was first published on March 21, 2006 and was auctioned off by Mr Dorsey for charity. The Malaysia-based buyer Sina Estavi compared the purchase to buying a Mona Lisa painting. The tweet was bought using the ether cryptocurrency, a rival to bitcoin.

How do I purchase a Twitter account?

Originally Answered: How do you buy a Twitter account? You can’t “buy” a Twitter account. Twitter will not sell you ownership of an account. Twitter will allow you to use their services.

Do I own my tweets?

What’s yours is yours you own your Content (and your photos and videos are part of the Content),” although you also grant Twitter a license to use the content, which authorizes it “to make your Content available to the rest of the world and to let others do the same.” Based on this language, other twitter users are …

What are NFTs used for?

NFTs are unique cryptographic tokens that exist on a blockchain and cannot be replicated. NFTs can be used to represent real-world items like artwork and real-estate. “Tokenizing” these real-world tangible assets allows them to be bought, sold, and traded more efficiently while reducing the probability of fraud.

IT IS INTERESTING:  What does the blue tick next to a Facebook message mean?

Is bitcoin an NFT?

Cryptocurrencies designed to operate as currencies, such as bitcoin, are fungible, which means that any two bitcoins are similar and thus interchangeable. Unlike bitcoin and other cryptocurrencies, NFT is a crypto asset that exists on blockchains (cryptographic digital ledgers), but each token is absolutely unique.

How can a tweet be sold as an NFT?

If the author of the tweet accepts an offer (logging into Valuables requires you to validate your Twitter account), then Cent will mint the tweet on the blockchain and create a 1-of-1 NFT.

Can you buy a tweet?

‘ Twitter co-founder Jack Dorsey has made the first-ever tweet, which he posted, available to buy in the form of a digitally authenticated certification of ownership.

What is the first tweet ever?

Fifteen years ago Jack Dorsey typed out a banal message — “just setting up my twttr” — which became the first-ever tweet, launching a global platform that has become a controversial and dominant force in civil society.

Where can I sell my tweets?

In brief

  • Valuables is a website that lets you turn your tweets into NFTs, which can be sold for cryptocurrency.
  • Twitter founder Jack Dorsey has auctioned the first-ever tweet, with bids reaching $2.5 million.

How do you buy Twitter followers?

#1.

The first service on our list is Social Viral – a marketplace where you can buy real Twitter followers with fast delivery. With Social Viral, all you need to do is pick one of its affordable Twitter packages (starting at $2.99 for 50 followers) and your account will receive a boost within 12 hours.

IT IS INTERESTING:  Question: Should I disable comments on YouTube?

How do you use valuables with Cents?

Sign in to Valuables and go to your Profile. You will see all your open offers in the Offers tab. Click Accept on an offer and wait for the MetaMask popup to ask for your signature. Click Sign.