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Home Cryptocurrency

Tweet DAO Offers to Buy NFT to Get Right to Tweet

April 4, 2022
in Cryptocurrency
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Tweet DAO Offers to Buy NFT to Get Right to Tweet
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At the moment, the NFT collection of the Tweet DAO is only available on OpenSea. 

Have you ever heard of buying the right to post tweets from a DAO’s Twitter account? It sounds bizarre, but it is a real experiment made possible due to Tweet DAO – a decentralized autonomous organization that is selling non-fungible tokens (NFT) in the form of eggs, each of them is a unique one. Users who purchase an egg NFT get the right to make a tweet every day from the project’s official Twitter account.

The Tweet DAO is live! Here’s how it works, after this thread, all tweets from this account (barring any maintenance announcements) will be from holders of Tweet DAO Egg NFTs.

You can mint them here: https://t.co/JNd98UFUQ9

— The Tweet DAO (@TheTweetDao) April 3, 2022

There are 1,000 NFT eggs available, with their price starting at as much as 0.1 ETH. The cost is increasing by 0.1 ETH for every 100 sales. The last 50 are claimable by the contract deployer. As a result, the collection can earn up to 500 ETH ($ 1.7 million) for creators. Each egg entitles you to make one tweet from the account per day via the UI on the website. Notably, seems that the content of the tweets is not censored, you can share whatever you want.

For example, one user quoted Patrick Bateman in American Psycho:

“I believe in taking care of myself, and a balanced diet and a rigorous exercise routine. In the morning, if my face is a little puffy, I’ll put on an ice pack while doing my stomach crunches. I can do a thousand now.”

“This Twitter account is the most ridiculous idea I’ve ever heard, but it could still be the next Etherox,” another user said.

Many have supported the idea itself, with users promoting eggs and potentially increasing the value of their own NFTs. Some tweets promote the owner’s own NFT project or try to sell one of their own NFTs. For example, one tweet is about offloading the Pudgy Penguin NFT, which sells for 8.8 ETH ($ 30,700). Another one is trying to sell fBOMB tokens.

Buy $fBOMB on @fBombOpera
Follow @MillenniumClub3 @dev_enjoys @fbombopera LFG

— The Tweet DAO (@TheTweetDao) April 3, 2022

Some tweets mention Tesla Inc (NYSE: TSLA) founder Elon Musk and founder of Terraform Labs Do Kwon, others refer to well-known crypto concepts such as the UpOnly podcast and a cult NFT collection called Milady Maker.

Most of the tweets are just random and don’t bear any useful information. Therefore, some users are afraid that Twitter might close the Tweet Dao account in case it finds that the profile violates the social media network’s rules. Twitter has some restrictions on automated accounts and on taking payments for tweets. One tweet even addressed Twitter’s former CEO, Jack Dorsey:

“Please @jack don’t ban it.”

At the moment, the NFT collection of the Tweet DAO is only available on OpenSea.

next Editor’s Choice, News, Social Media, Technology News

Daria Rud

Daria is an economic student interested in the development of modern technologies. She is eager to know as much as possible about cryptos as she believes they can change our view on finance and the world in general.

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