Elon Musk, the billionaire founder of electric vehicle maker Tesla, plans to sell a song he posted online as a non-fungible token (NFT) as the blockchain-authenticated digital tokens gain traction.
Mr Musk, who recently declared himself the technoking of Tesla, shared the 140-second song in a tweet that has been viewed by over 6.1 million people.
“I’m selling this song about NFTs as an NFT,” the billionaire tweeted. “I love music. It makes my heart sing.”
Mr Musk’s song is a techno track that refers repeatedly to the digital-only assets, saying “NFT for your vanity, computers never sleep, it's verified, it's guaranteed”.
The song features a rotating golden trophy with the text ‘vanity trophy’ circling around it. It also displays ‘HODL’ (hold on for dear life) at the bottom that is commonly used by traders who invest in digital assets.
An NFT is a unique digital token that can turn any item in the digital world from tweets to gifs and from artworks to videos into a tangible asset. Like Bitcoin and other cryptocurrencies, they are sold and brought through the blockchain.
They are not interchangeable and their authenticity is verified by encrypting the creator's signature on the blockchain. They are usually created by uploading files to online auction platforms like Valuables.
"Owning any digital content can be a financial investment, hold sentimental value and create a relationship between collector and creator," said Valuables.
"The tweet itself will continue to live on Twitter ... what you are purchasing is a digital certificate of the tweet, unique because it has been signed and verified by the creator.”
Mr Musk did not include a link to the NFT in his tweet, so it is not clear when he is aiming to sell and on which platform.
Tesla's stock closed 2.05 per cent up at $707.94 per share on Monday.
Tesla aims to invest a portion of its cash in alternative assets including digital assets, gold bullion and gold exchange-traded funds as it diversifies its holdings.
Last month, it said in a filing that it will soon accept Bitcoin as payment for its electric vehicles and has invested $1.5 billion in the biggest cryptocurrency.
Key facilities
- Olympic-size swimming pool with a split bulkhead for multi-use configurations, including water polo and 50m/25m training lanes
- Premier League-standard football pitch
- 400m Olympic running track
- NBA-spec basketball court with auditorium
- 600-seat auditorium
- Spaces for historical and cultural exploration
- An elevated football field that doubles as a helipad
- Specialist robotics and science laboratories
- AR and VR-enabled learning centres
- Disruption Lab and Research Centre for developing entrepreneurial skills
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Profile of RentSher
Started: October 2015 in India, November 2016 in UAE
Founders: Harsh Dhand; Vaibhav and Purvashi Doshi
Based: Bangalore, India and Dubai, UAE
Sector: Online rental marketplace
Size: 40 employees
Investment: $2 million
A Cat, A Man, and Two Women
Junichiro Tamizaki
Translated by Paul McCarthy
Daunt Books
Killing of Qassem Suleimani
Traits of Chinese zodiac animals
Tiger:independent, successful, volatile
Rat:witty, creative, charming
Ox:diligent, perseverent, conservative
Rabbit:gracious, considerate, sensitive
Dragon:prosperous, brave, rash
Snake:calm, thoughtful, stubborn
Horse:faithful, energetic, carefree
Sheep:easy-going, peacemaker, curious
Monkey:family-orientated, clever, playful
Rooster:honest, confident, pompous
Dog:loyal, kind, perfectionist
Boar:loving, tolerant, indulgent
Reading List
Practitioners of mindful eating recommend the following books to get you started:
Savor: Mindful Eating, Mindful Life by Thich Nhat Hanh and Dr Lilian Cheung
How to Eat by Thich Nhat Hanh
The Mindful Diet by Dr Ruth Wolever
Mindful Eating by Dr Jan Bays
How to Raise a Mindful Eaterby Maryann Jacobsen
Getting there
Flydubai flies direct from Dubai to Tbilisi from Dh1,025 return including taxes
BEACH SOCCER WORLD CUP
Group A
Paraguay
Japan
Switzerland
USA
Group B
Uruguay
Mexico
Italy
Tahiti
Group C
Belarus
UAE
Senegal
Russia
Group D
Brazil
Oman
Portugal
Nigeria
The specs
- Engine: 3.9-litre twin-turbo V8
- Power: 640hp
- Torque: 760nm
- On sale: 2026
- Price: Not announced yet
more from Janine di Giovanni
ENGLAND SQUAD
Goalkeepers: Jack Butland, Jordan Pickford, Nick Pope
Defenders: John Stones, Harry Maguire, Phil Jones, Kyle Walker, Kieran Trippier, Gary Cahill, Ashley Young, Danny Rose, Trent Alexander-Arnold
Midfielders: Eric Dier, Jordan Henderson, Dele Alli, Jesse Lingard, Raheem Sterling, Ruben Loftus-Cheek, Fabian Delph
Forwards: Harry Kane, Jamie Vardy, Marcus Rashford, Danny Welbeck
The line up
Friday: Giggs, Sho Madjozi and Masego
Saturday: Nas, Lion Bbae, Roxanne Shante and DaniLeigh
Sole DXB runs from December 6 to 8 at Dubai Design District. Weekend pass is Dh295 while a one day pass is Dh195. Tickets are available from www.soledxb.com
The specs
Engine: 4.0-litre flat-six
Torque: 450Nm at 6,100rpm
Transmission: 7-speed PDK auto or 6-speed manual
Fuel economy, combined: 13.8L/100km
On sale: Available to order now
Ferrari 12Cilindri specs
Engine: naturally aspirated 6.5-liter V12
Power: 819hp
Torque: 678Nm at 7,250rpm
Price: From Dh1,700,000
Available: Now
Dust and sand storms compared
Sand storm
- Particle size: Larger, heavier sand grains
- Visibility: Often dramatic with thick "walls" of sand
- Duration: Short-lived, typically localised
- Travel distance: Limited
- Source: Open desert areas with strong winds
Dust storm
- Particle size: Much finer, lightweight particles
- Visibility: Hazy skies but less intense
- Duration: Can linger for days
- Travel distance: Long-range, up to thousands of kilometres
- Source: Can be carried from distant regions
TALE OF THE TAPE
Floyd Mayweather
- Height
- Weight
- Reach
- Record
Conor McGregor
- Height
- Weight
- Reach
- Record
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