MIAMI, FLORIDA, USA, August 18, 2022 /EINPresswire.com/ — Jack Dorsey’s first-ever tweet, which offered as an NFT (or non-fungible token) in March 2021 for over $2.9 million, is now solely price hundreds of {dollars}. (MIAMI, FL) – Again then Jack Dorsey, then-CEO of Twitter, auctioned his first tweet as an NFT and a collector bought it for 1630.58 Ether, which was price $2.9 million on the time. One 12 months later, the customer relisted the identical NFT on the market on OpenSea and introduced that he deliberate to donate 50% of the proceeds to charity. The best bid it acquired? $9968 – a $2,905,867 drop in worth. Regardless of the low bid, NFTs nonetheless have large worth in the present day. In the identical month, it acquired the $9668 bid, the market entered hype mode with month-to-month buying and selling quantity on OpenSea leaping to $2 billion, up from $150 million only one 12 months prior. “We will change this narrative” says Dr. Ravi Singh, Founding father of SocialPayMe, the primary ever on-line platform and market devoted completely to social media NFTs.
“The platform permits influencers to monetize their social media profiles by attracting and collaborating with related manufacturers and minting their social media posts into NFTs. It additionally permits manufacturers to purchase and personal these NFTs for advertising and marketing belongings or future use, and gives influencer authentication and insights on efficiency and worth. Followers also can lastly get rewarded for his or her engagement and loyalty by buying NFTs from their favourite influencer and gathering or reselling them on {the marketplace}. And just like the Jack Dorsey tweet public sale, charities also can profit and obtain donations from influencers or followers upon the gross sales of NFTs.”
The idea for SocialPayMe began as a dissertation by Dr. Singh for his PhD in Social Media and Expertise on the 35,000+ tweets by Donald Trump that helped him win the 2016 presidential election. That has since been developed right into a patent pending algorithm and is the idea for the “Social Media Voice Principle” algorithm that powers the platform and market. SocialPayMe is headquartered in Miami, Florida – the “Crypto Capital of the US”, and is presently elevating seed cash to launch in This autumn 2022. And along with the assistance of native leaders, reminiscent of Mayor Francis Suarez, SocialPayMe hopes to democratize monetization for social media influencers. Dr. Singh is a world-recognized knowledgeable on blockchain, NFTs, in addition to social media voice, engagement, and tone. He holds a number of patents, along with two Grasp’s levels, a PhD in Social Media and Expertise, honorary alumni standing at MIT. Enterprise Week Journal and USA As we speak have named him “The Marketing campaign Guru” for this assist in electing 9 world leaders. He will probably be talking about “The Tremendous Science of NFTs” on the Crypto Join Expo in West Palm Seashore on Aug 20, 2022. Founding father of Crypto Join Expo is Scott Roseman states
“We’re excited to have SocialPayMe announce their new social media NFT market at our convention and have Dr. Ravi Singh, an knowledgeable in social media and NFTs, communicate as a keynote speaker. We consider corporations like SocialPayMe will assist carry social media NFTs to the forefront of web3.”
For extra info, please go to www.SocialPayMe.com. #SocialPayMe #NFT #NFTsales #Blockchain #SocialMedia #Influencers #FrancisSuarez #OpenSea #CryptoConnectExpo #Charities #3
For extra info on the EXPO: https://www.cryptoconnectexpo.com/
#cryptoconnectexpo
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Jenny Kefauver
SocialPayMe
+1 703-850-3533
press@socialpayme.com