Admit it. He NFT boom It has caught you by surprise, but with the little you've heard about it, you can't stop thinking about what property you could sell at a good price to get a few euros (or some other fraction of Bitcoin). What if you sold that tweet that went so viral? This is your opportunity.
But what are NFTs?
The acronym for Non-Fungible Token (Non Fungible Token, in English) define something non-physical, usually digital, that represents something completely unique, impossible to replicate or exchange. This might surprise you and you might not even understand how someone would pay for something they couldn't get their hands on, but it does happen.
In fact, such a bubble has been generated around the NFT, that there are sales that have reached astronomical figures, so this new way of collecting high standing has deeply penetrated among magnates and not so magnates.
Who can sell an NFT? And buy it?
And that is where the interest in the concept comes into play. Anyone would be encouraged to get easy money to sell something that was digital, and that is perhaps the great controversy that is being generated around the idea. There are auctions that have gone so far as to insult people for a piece that represented a square of a color from the RGB profile, something you could obviously do yourself on your computer with Paint. But have you done it? No, right? Well, someone beat you to it.
Large auction houses like Christie's have quickly jumped on the NFT bandwagon, running auctions with spectacular results for many digital assets. And when we say spectacular, we are talking about figures in the millions of dollars, amounts that sound even more insulting when you discover the type of work for which they have paid. You already know that art doesn't understand
And if they double?
Obviously you're thinking that if they sell a JPG file for millions of dollars, this file could easily be duplicated to have as many copies as you want. Not so fast. The NFT concept includes the action of tokenizing the asset, so that we would certify ownership with a digital certificate that would guarantee the origin of the file and its unique (and original) version.
And yes, that file can be cloned thousands of times, but the original and genuine will be in the hands of its buyer forever.
What if I sell a tweet?
It is an option. In fact, it has happened. Tweets, being unique posts registered to a user account, are considered unrepeatable assets that could be sold as NFTs, and that is exactly what the creator of the platform, Jack Dorsey, decided to do, putting his first tweet up for sale on the platform Valuable. The creator of Twitter decided to put up for sale the first tweet that he published with his profile on March 21, 2006 (it has already rained), and the offers did not stop appearing, until the user arrived. SinaEstavi with their U.S. dollar 2.915.835,47 to get hold of the property. The money, by the way, went to a charity in Africa.
—jack (@jack) March 6, 2021
The interesting thing about all this is that the winner of the bid will not be able to have the tweet as such (obviously considering that we are talking about an NFT), but they cannot have it on their Twitter account or another similar place. The tweet will still be posted on Jack Dorsey's account, it's just that it officially belongs to the new buyer. Yes, nobody understands this NFT thing, but with tweets it works like that.
Can I sell my tweets?
That's right, just like Jack, you too will be able to sell your tweets with 2 likes and one wrong retweet. It doesn't matter if it's a slightly viral or forgotten tweet, the problem will be to see who buys it, but you will have the intention. To do so, you will only need two things: an account in Dappradar and another one in Valuable.
With MetaMask what you will get is to have a digital wallet based on Ethereum with which to carry out the transaction at the moment you manage to sell the tweet. It is not something you need at first, but you should have it when you want to run away with the money.
Create wallet in MetaMask
To get a MetaMask wallet it is as easy as installing its official extension in your browser (compatible with Chrome, Firefox, Brief and Edge). Once you install it, you will be able to create a profile to receive the security phrase of the wallet, which you will keep in a safe place (or you will never be able to extract the money). With the wallet set up, you'll already have some of the work done.
Create Wallet in MetaMaskCreate account in Valuables
The next step is to enter the store or auction house of the tweets. Basically that is what is done in Valuables, since you will only have to log in with your Twitter account to guarantee that you are the owner of the account. After doing that, Valuable will allow other users to see your tweets and be able to send you an offer, which you will have to assess whether you accept or not.
Register your account in ValuableUnlike other bookmakers, the offers do not have an expiration date, so your tweets may always be for sale until you accept the offer that convinces you.
If what you want is to promote that you are selling a specific tweet, the service will leave you a link to publish on social networks, so that you can announce that you are selling one of your publications to the highest bidder.
How do I get the money?
Once you receive the offer and are determined to take it, you must accept it from the offers panel of your Valuables account, and it will be there when the money travels to your MetaMask wallet. That's how easy you will have managed to sell a tweet and get the most out of it, although the most difficult thing will possibly be to attract the attention of potential buyers. No one said getting rich was easy!