Story from People Bids for Elon Musk’s Crypto-Themed NFT Pass $1M

Bids for Elon Musk’s Crypto-Themed NFT Pass $1M

As reported by CoinDesk,

“Tesla’s Elon Musk is auctioning off a non-fungible token (NFT)-based “artwork,” with bids now over the million-dollar mark.

Tweeted late on Monday, the NFT features a gold trophy decorated with “diamond hands,” Shiba Inu dogs (presumably referencing dogecoin), a moon and the crypto term “HODL,” all tastefully spinning and gleaming to some house music.

In typical joking style, Musk – who officially became “Technoking of Tesla” on Monday – announced the news, saying, “I’m selling this song about NFTs as an NFT.”

I’m selling this song about NFTs as an NFT pic.twitter.com/B4EZLlesPx

— Elon Musk (@elonmusk) March 15, 2021

Bids for the tweet on the Valuables (by Cent) marketplace have been rolling in and, at the time of publication, the highest bid comes from @sinaEstavi at $1.12 million.

NFTs are the latest white-hot sector in the digital-asset space, with celebrities lining up to launch art or music cryptographically linked to the digital tokens. On Thursday, an NFT artwork by crypto artist Beeple was sold for a record $69.3 million by major auction house Christie’s.

Twitter CEO Jack Dorsey recently auctioned off his first tweet, raising $2.5 million for charity. It’s not clear so far if Musk will donate his NFT earnings to a good cause.”