Connect with us

Hi, what are you looking for?

Tech & Science

First SMS auctions for 107,000 euros as NFT

The first SMS ever sent over a mobile phone in 1992 was sold as an NFT at auction for 107,000 euros ($120,600).

The first SMS was a 15-character message sent to Vodafone employee Richard Jarvis wishing him 'Merry Christmas' — © AFP
The first SMS was a 15-character message sent to Vodafone employee Richard Jarvis wishing him 'Merry Christmas' — © AFP

The first SMS ever sent over a mobile phone in 1992 was sold Tuesday as an NFT at auction for 107,000 euros ($120,600), the Aguttes auction house said.

The buyer, whose identity was not disclosed but is a Canadian involved in the tech sector, is now the owner of a unique digital replica of the first SMS message in the form of a Non-Fungible Token, or NFT.

The first SMS was a 15-character message sent to Vodafone employee Richard Jarvis wishing him “Merry Christmas”.

NFTs are digital items that can be bought and sold using blockchain technology. They have become immensely popular for collectors, including artwork which sold for nearly $70 million at auction earlier this year.

Among those in the auction hall was 18-year-old blockchain entrepreneur Luigi Caradonna, who bowed out of bidding when the price rose above 75,000 euros.

“I thought it would be interesting to have this piece of history to hold it as an asset until next year and to sell it next Christmas,” he told AFP.

Mobile network operator Vodafone has said it plans to donate its proceeds from the sale to the UN’s refugee agency.

AFP
Written By

With 2,400 staff representing 100 different nationalities, AFP covers the world as a leading global news agency. AFP provides fast, comprehensive and verified coverage of the issues affecting our daily lives.

You may also like:

Business

The United States is on track to lose some $12.5 billion in revenue from foreign tourists this year.

Social Media

The European Commission "found that TikTok does not provide the necessary information about the content of the advertisements.

Entertainment

"The ambition and complexity of Grand Theft Auto VI is greater than any previous Rockstar title."

Business

Internet giant Alibaba posted on Thursday a six percent increase in annual revenue.