Bitcoin News and Finance
Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars Skip to main content

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars

Telsa’s new Technoking, Elon Musk, said that he is selling a song about NFTs as a non-fungible token (NFT). Many people have expressed their interest in buying it on social media. Artist Beeple made him an offer for $69 million and bids for his tweet on Valuables are up to $1.121 million.

Elon Musk Selling an NFT

Elon Musk, the new Technoking of Tesla, announced via Twitter Monday that he is selling a song about NFTs as an NFT. At the time of writing, his tweet has garnered 42.7K comments and has been liked 176.2K times. His 2:20-minute-long video has been viewed more than 8.5 million times.

Musk’s techno song briefly describes the nature of NFTs. The video shows a rotating rocket-to-the-moon trophy, displaying repeating words at the base: “HODL” and “Computers never sleep.” More words circling the trophy brightly flash “Vanity Trophy,” and the lyrics repeat:

NFT, for your vanity.
Computers never sleep.
It’s verified. It’s guaranteed.

Many people on Twitter have expressed their interest to buy Musk’s NFT; some even wrote the amount they are willing to pay. Among those interested is Tron founder Justin Sun, who simply stated, “Ok. I will buy.”

The artist Mike Winkelmann, also known as Beeple, is among interested parties. He recently made headlines when his NFT art sold for $69 million in a Christie’s auction. He wrote, “I’ll give you $69M for it.” Musk responded, “420M doge.” Beeple promptly replied, “Sold.”

However, it is unclear whether Beeple was serious about his offer, and at the time of writing, the Tesla technoking has not responded further to him. The price of dogecoin currently stands at $0.058043, making 420 million dogecoins worth less than $24.4 million.

Elon Musk Is Selling an NFT — Offers Pour in Worth Millions of Dollars

Soon after Musk made his initial tweet about the NFT sale, the first bid of $3 appeared on Valuables, a platform released by Cent for buying and selling tweets as NFTs.

At the time of writing, the highest bid for Musk’s NFT is $1,121,000, made by Twitter user Sina Estavi, CEO at Bridge Oracle. He tweeted to Musk: “Elon Musk, I made an offer to buy your tweet.” Musk has not replied to his tweet.

Furthermore, other people’s tweets related to Musk’s NFT sale have also been getting offers. “NFT Inception. Someone just bid $88 on an NFT of this tweet about someone bidding $100,000 on an NFT of a @elonmusk tweet about a song that is an NFT about NFTs. The world has gone mad,” Twitter user The Chairman (@wsbchairman) wrote as he accepted the offer.

Polygon, formerly Matic, commented on Twitter:

You can own this Elon Musk autographed tweet on the Polygon-powered platform Valuables @cent. The current bid for ownership of this NFT is at $1.12M.

Twitter CEO Jack Dorsey is also using the Valuables platform to sell his first-ever tweet. Estavi is currently the highest bidder, offering Dorsey $2.5 million. The sale will end on March 21 and Dorsey says he will immediately convert the proceeds to BTC and donate to Give Directly’s Africa Response fund.

Update (March 16, 2021, at 7:46 P.M.): Elon Musk tweeted: “Actually, doesn’t feel quite right selling this. Will pass.”

What do you think about Elon Musk getting into NFTs? Let us know in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory