As early as April, we heard that sina estavi, an Iranian born cryptocurrency entrepreneur, was seeking to resell the first tweet NFT of Jack Dorsey, former twitter CEO, for $50million According to his assumption, half of the sales proceeds will be used for charity and the other half will be used to develop his blockchain enterprise. However, the game of "beating drums and passing flowers" seems to be somewhat unsustainable.
In March, 2021, twitter founder Jack Dorsey reselled the first tweet NFT of "just setting up my twttr" at a price of $2.9 million, and donated all the proceeds to charities.
However, in April, sina estavi, who took over the offer, once lowered the resale price to only $7000 - even though it later climbed to $30000, it was still far from the original $50million offer.
Awkwardly, in neowin When editing Usama Jawad's article, NFT could still be sold for $30000 a few months ago, and the highest bid price was only 0.0166 eth - equivalent to $29.
In other words, sina estavi's NFT investment has lost less than one millionth (0.0001%) of the initial purchase price.
What's more outrageous is that although many people think Sina estavi will only be the wrongdoer once, the cryptocurrency entrepreneur is still trying to buy the first tweet of Elon Musk for $44million recently.
Fortunately for him, however, musk seems unlikely to complete the deal with Twitter in the end.
[background information]
In fact, last year, sina estavi was arrested and detained in Iran for nine months on charges that its cryptocurrency companies bridge Oracle and cryptoland were suspected of "disrupting the economic system".
But even so, he is still trying to make his cryptocurrency get more public attention.