Elon Musk Takes Back His NFT Song After It Raised Over $1 Million
Image via Naresh777 / Shutterstock.com
Tesla CEO Elon Musk has decided not to sell a song about non-fungible tokens (NFTs) as an NFT.
“Actually, doesn’t feel quite right selling this. Will pass,” Musk tweeted. If Musk proceeded to sell the song, it would have given the buyer the digital right to ownership of the track.
Last Monday, Musk tweeted that he intended to sell a song about NFTs. The song, filled with techno beats and repeats of “NFT” over and over, features lyrics that read, “NFT for your vanity, computers never sleep, it’s verified, it’s guaranteed.”
Musk shared the song on Twitter with an animation of a spinning “Vanity Trophy” and the term “NFT” printed at the top of it. The base of the rotating trophy reads “Computers Never Sleep.”
Musk’s tweet, which was listed as an NFT on Valuables, was valued at US$1.12 million. According to the website, the highest bid was from the CEO of Bridge Oracle, Sina Estavi.
Valuables stated that the tweet would “continue to live on Twitter.” The winning bidder, on the other hand, would own the NFT, “signed and verified by the creator,” which is Musk himself.
Musk, however, retracted his decision and said he would not sell his tweet after all.
Actually, doesn’t feel quite right selling this. Will pass.
— Elon Musk (@elonmusk) March 16, 2021
[via CNBC, cover image via Naresh777 / Shutterstock.com]
Also check out these recent news
