World’s First SMS NFT Auction: The world’s first text message (SMS) auction saw the highest bid of 1.07 lakh euros (Rs 91.15 lakh).
World’s First SMS NFT Auction: The world’s first text message (SMS) auction saw a maximum bid of 1.07 lakh euros (Rs 91.15 lakh). This SMS was sold by the British telecom operator Vodafone and in the auction held on Tuesday, the SMS was sold as a non-fungible token (NFT). Although who bought it, it has not been disclosed.
This message was sent by Vodafone on 3 December 1992 and contains 15 characters. Christmas greetings in SMS: “Merry Christmas.” This message was sent by programmer Neil Papworth to his colleague, Richard Jarvis, who received this message at the company’s Christmas party.
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Sale proceeds will be used for charity
This auction was conducted by the Aguttes Auction House in Paris and they had estimated it to sell for 1-2 lakh euros. The recipient of the world’s first SMS NFT through auction for legal reasons will also receive tangible assets consisting of a digital picture frame to display the SMS. Vodafone said that the proceeds of the auction would be used for the United Nations Refugee Agency (UNHCR).
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NFT is becoming increasingly popular
NFTs have become increasingly popular over the past few months. In March, Twitter CEO Jack Dorsey auctioned off his first tweet as an NFT. He got 29 lakh dollars (Rs 21.93 crore) from this auction. Apart from this, the first source code of Berners Lee’s World Wide Web (www) was sold in the form of NFT for $ 54 million (Rs 40.82 crore). Talking about India, last month Bollywood megastar Amitabh Bachchan started the NFT auction, in which he got bids worth $ 4.20 lakh (Rs 3.17 crore) for Harivansh Rai Bachchan’s poem Madhushala on the very first day.
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What is NFT?
NFT is a digital asset that links the ownership of a unique physical or digital item. This asset can be a painting, real estate, music or video. In a way, these are collectible things of today’s era. These can be sold or bought online. NFTs are recorded on the blockchain in a very secure way. The same technology is also used in cryptocurrencies. This means that if a painting is NFT then it will be alone in itself. This technology will make its copying difficult. The original painting will not be tampered with.
(1 USD = Rs.75.61)
(By-Deutsche Welle)
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