Last year, Crypto entrepreneur Sina Estavi bought Jack Dorsey’s first tweet as an NFT for $2.9M. He just relisted to NFT for sale at $48 million and is struggling to sell it.
As of Thursday morning, the highest bid he had received was about $6,800.
When he bought the NFT in March 2021, Estavi said, “I think years later people will realize the true value of this tweet, like the Mona Lisa painting.”
His deadline for the sale is now over, but he says, “if I get a good offer, I might accept it,” or he “might never sell it.”
“I think the value of this NFT is greater than you can imagine, and whoever wants to buy it must be worthy.” He continued, “I think someone like Elon Musk could deserve this NFT.”
Estavi had great ambition when listing this NFT for sale. His goal was to donate 50% of the proceeds to Give Directly. As of now, it seems he was wrong about the value of this NFT.