NFTs are digital files that serve as digital signatures to certify who owns photos, videos and other online media.
Dorsey's 15-year old tweet is one of the most famous tweets ever on the platform and could attract bidders to pay a high price for the digital memorabilia. The highest bid for the tweet stood at $ $2 million at 04:47 GMT on Saturday.
The updated offer was made by cryptocurrency pioneer Justin Sun, who won an auction for Warren Buffett's charity dinner.
"I have updated my offer to 2 million USD," Sun tweeted https://bit.ly/2O6YKhG.
Launched three months ago, Valuables compares the buying of tweets with buying an autographed baseball card. "There is only one unique signed version of the tweet, and if the creator agrees to sell, you can own it forever."
A tweet's buyer will get an autographed digital certificate, signed using cryptography, that will include metadata of the original tweet, according to the Valuables website. The tweet will continue to be available on the Twitter website.
(Reporting by Ismail Shakil and Sabahatjahan Contractor in Bengaluru; Editing by Simon Cameron-Moore and Diane Craft)
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
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