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Someone Wants to Pay $7,777 for Elon Musk’s Dogecoin Tweet
Now, someone has offered to pay $7,777 for a tokenized replica of the tweet through a service called Valuables. Valuables allows users to put up money for a tweet, which the tweeter can then accept if they so choose. The buyer then gets to “own” the tweet as an NFT , or non-fungible token. Where fungible crypto assets like Bitcoin are all the same, in that each Bitcoin is worth just as much as every other Bitcoin, NFTs are one-of-one artifacts on the blockchain ; they’re often used as hosting mechanisms for digital art and other collectibles. Valuables describes these tokenized tweets as akin to “an autograph ... (full story)