We still don't get NFTs but plenty of people clearly do
A highly in-demand issue of the popular 'Bored Ape'
NFT (non-fungible token) has accidentally been sold for just $3,000 (£2,270): one-hundredth of its actual market price.
'The Bored Ape Yacht Club' is a limited run of 10,000 pieces of digital art, each with minor variations that make them sought after NFTs. However,
as reported by CNet, the owner of issue number 3,547 made a "fat-fingered" typing error when listing the item for sale online.
https://twitter.com/verge/status/1470425126625759243?s=20
Intending to list for its actual price of 75
ethereum (ETH) - the cryptocurrency commonly used in NFT transactions - seller 'maxnaut' accidentally listed the piece for sale at 0.75 ethereum after a mere "lapse of concentration", meaning that instead of getting nearly $300k he ended up with just $2,989. That's approximately £2,259.58 in sterling. That's got to be hard to take.
Naturally, the token was bought in less than a heartbeat and then
quickly relisted on OpenSea (the world's first and largest NFT marketplace) for nearly £250,000, before being once again snapped up in seconds by one 'Bored-Apes-Club'.
[caption id="" align="alignnone" width="976"]
Credit: OpenSea - The NFT was snapped up in a second and then relisted closer under its market price and then quickly bought for a second time.[/caption]
The unfortunate fellow has since posted his response to the whole cock-up on his Twitter page but if you scroll back through even just a few posts on his page, we're sure it hasn't hit his pocket too hard: this is no way near the only Bored Ape NFT he had to his name.
https://twitter.com/maxnaut/status/1469995426652868610?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1469995426652868610%7Ctwgr%5E%7Ctwcon%5Es1_c10&ref_url=https%3A%2F%2Fwww.theverge.com%2F2021%2F12%2F13%2F22832146%2Fbored-ape-nft-accidentally-sold-300000-fat-finger
There seems to be a fair few mistakes made in this still relatively new market, as not long ago someone was
duped into buying a fake Banksy NFT for nearly £250k.
Luckily, in his case, it had a happy ending but it still goes to show that somewhat guerilla approach to the currency isn't as well regulated as other cryptos or, say, real money and assets?
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