Sina Estavi had high hopes to make millions darn near overnight. The CEO of the crypto project called Bridge Oracle was not only going to get rich, but he’d be writing a big check for a charity if things went right.
They didn’t.
Estavi is the entrepreneur who bought the NFL of Jack Dorsey’s first tweet. He did it back in March of 2021 and paid almost $3 million for the founder’s Tweet, which said “just setting up my twitter.”
He hoped to sell the NFT for $48 million, but the deadline passed on Wednesday, and he came up $47,999,700 short of his goal. The highest bid stood at $400. I guess it’s safe to say there’s not a huge demand for a Jack Dorsey tweet in NFT form.
Estavi planned on donating 50% of the proceeds to charity, but $150 wouldn’t go too far for a worthy cause, o he re-listed the NFT in hopes to make more.
Here’s what he told CoinDesk.
“The deadline I set was over, but if I get a good offer, I might accept it, I might never sell it.”
Estavi’s next move reeked a little bit of desperation and slightly beneath a CEO, but he reached out to Elon Musk, Twitter’s largest shareholder to see if he would be interested in the tweet as an NFT.
“It’s not good if the owner of the whole Twitter does not own the first tweet:)”
Musk is occupied trying to own every tweet ever made, so he gave Estavi the brush off.
What could be even more bad news for Estavi is the fact that it’s not certain if he even owns the copyright to the tweet.
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