Step by step guide on how to buy/ sell tweets

You're essentially minting a tweet, creating a NFT, transacting on the blockchain & settling payment in ETH
NFT is a non-fungible token

Fancy term for a digital certificate for intellectual property. Think of it like an autograph. Someone pays for your autograph and keeps it as an investment.

Your autograph (NFT) here is a digital certificate of your tweet.
What info is on the digital certificate?

The tweet remains on Twitter under your account. The digital certificate contains metadata of the original tweet.

Metadata = when you posted the tweeted, the time, contents, your digital signature from your crypto wallet
Here's the steps:

1. Verification & Tweet Listing
Login to https://t.co/2UhT8QJTFQ so Twitter can verify which tweets are yours

2. Set up crypto wallet
Add the metamask extension to your browser to interact with cryptocurrency https://t.co/59kxXX5JUt

3. Review & accept offers
1. Verification & Listing

Click 'login' and your account is now linked to Valuables. Now click 'browse' on the left hand side of the window.

You will see all tweets listed on the marketplace. Someone just bid $500k a @jack tweet

Paste the tweet URL you want to sell at the top
1. Verification & Listing (cont'd)

Once you post a tweet, you get a confirmation pop-up asking if you would like to sell the digital certificate to your tweet.

Once you click "tweet it", your get a unique tweet sales link like this one:
https://t.co/7T1CJgiThy @cent
2. Setting up Crypto Wallet

This is super quick. Download the extension at https://t.co/59kxXX5JUt. If you have never used MetaMask before - click "yes, let's get set up"

Transactions are in Ethereum (ETH). This will store the money you make.
3. You will start receiving bids for your tweets & can decide to accept them

Your cut?

Original tweet
You get 95%
5% goes to Cent

All sales that happen afterwards
The new holder gets 87.5%
You get 10%
2.5% goes to Cent

You get paid every time your certificate changes hands
That's it! Shout-out for making it to the end. Here's to securing the bag!

Valuables FAQ: https://t.co/fHkZdDpqSg

More from Koshiek Karan

Here are 20 of my best threads from 2020 covering personal finance, entrepreneurship, economics & finance, investment banking ++ useful resources.

Massively grateful to everyone who took time out to read, comment & share these across the year. I really appreciate you.

[Thread]

1. Breaking-in – study notes, free textbooks & past


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