by Paul R. La Monica, CNN Business May 13, 2021 .
Earlier this year Twitter CEO Jack Dorsey sold a digitally signed copy of his first-ever tweet from 2006 for nearly $3 million. And that could be just the beginning for sales of celebrity non-fungible tokens, or NFTs.
That’s according to Cameron Hejazi, CEO of Cent, the company that runs the Valuables site where Dorsey’s tweet was auctioned. Those proceeds went to charity but Hejazi thinks many other well-known figures will try to cash in on their tweets with NFT sales.
“We’re all on social media commenting and posting, but many creators are not seeing the value from it. Meanwhile all these companies are out there making money,” said Hejazi, who co-founded Cent in 2017, about how Twitter generates revenue from ad sales. “So we wanted to find a way to monetize that.”
A Cosmic Guide To The NFT Universe
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Jack Dorsey s $2 9 million NFT tweet sale may be only the beginning
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and anything else that catches his attention.
To all the guests on DJ Khaledâs new record: no more Bitcoin raps, please
DJ Khaled albums are concocted in boardrooms, not studios. I imagine he sits at the head of a conference table with a âWe the Bestâ logo etched into it, surrounded by walls lined with trophies from second-rate award shows, while guys who look like 1986 Rick Moranis hand him spreadsheets about who to get on his next album. âSir, according to my report your streams will increase by 9 percent if you get a Lil Durk feature,â Young Moranis says. âHeâs a Chicago rapper, so that will significantly increase your brand visibility in the Midwest.â âBring him to me!â erupts a profusely sweating Khaled, ripping a sheet of paper with his hands. Iâm pretty sure thatâs how the song âEVERY CHANCE I GETâ from the new DJ Khaled album