这个加密企业家买2.9美雷竞技手机版元mi的非功能性测试llion, expected to sell it for $48 million, and was only offered a few dollars

The NFT in question represents Jack Dorsey's first tweet, and its owner had all his hopes pinned on its sale...

learn more about Entrepreneur Staff

ByEntrepreneur Staff

mundissima | Shutterstock

This article was translated from ourSpanish edition.

Last year "crypto entrepreneur"Sina Estavibought a digital token representingTwitterfounderJack Dorsey's first tweet for $2.9 million. And now he tried to make his investment pay off by putting it up for auction with the expectation that thisNFTcould bring him $48 million. But what a surprise the man got. .

AsCoinDeskreports, Estavi put the NFT up for sale on April 9, hoping to get around $50 million for it, and donating around $25 million to charity. Despite their optimism, NFT collectors weren't crazy about owning this non-fungible asset and the most they offered for it was an astonishing amount of... 0.9 ETH (about $280 USD). Estavi told the publication that: "The deadline I set is over, but if I get a good offer, I might take it, I might never sell it."

Estavi's auction came at a time when sales of NFTs tracked onOpenSea, the largest marketplace in the space, fell about 50% in 2022, from nearly $5 billion in January to $2.5 billion in March.

Estavi, who has just been released from prison in Iran, where he spent nine months after being arrested on charges of "disrupting the economic system" due to his investments in cryptocurrencies, had his hopes pinned on selling the digital asset. The value of his two companies,Bridge OracleandCryptoLand, has been publicized due to his arrest.

Entrepreneur Staff

Entrepreneur Staff

Editor

Related Topics

Business News

'I Am Very Bullish on AI': Apple CEO Tim Cook Says the Company Uses AI 'Across All Products'

The Apple CEO spoke about the company's expansion into new countries and ethereal planes of existence at Apple's first India store opening.

Growing a Business

4 Books for Entrepreneurs Seeking to Challenge the Status Quo

The easiest path isn't always the best. These four books help entrepreneurs challenge themselves and build a bolder future.

Business News

Report: In-Office Workers Spend More Time On This Important Job Feature Than Remote Workers

In-office workers surveyed spent 40 minutes more weekly (on average) mentoring others than remote employees.