Bored ape NFT sold for $3000, instead of $300000, because of mistaken typing.
TABLE OF CONTENTS:-
1. WHAT ARE NFTs
2. BORED APE NFT NUMBER 3547
3. BORED APE YATCH CLUB
WHAT ARE NFTs:-
NFT stands for non-fungible tokens. NFTs are digital pieces of art works. It can be a picture a video or an audio, songs etc..... in digital form.
As nfts industry belongs to digital world industry there are chances of mistakes, typing errors and Fat- finger errors may expect to happen, in NFTs digital industry.
2. BORED APE NFT NUMBER 3547 -
The same thing happened with Maxneut, the owner of digital artpiece NFT that is BORED APE NFT NUMBER 3547, who mistakenly sold it for $3000 instead of $300000.
This all was happen due to mistaken typing of decimal points.
Maxneut mistakenly type "0.75 ETH" instead of "75 ETH" while listing his NFT for sale. He himself told CNet that he was meant to sale Bored Ape NFT Number 3547 at 75 ethereum but due to "lapse of concentration" , he type 0.75 ETH. He even instantly saw it but his finger clicked the mouse instantly and the buyer send transaction before he could click cancel button. The buyer even pay high gas fees of 8 ETH around $34000, before he could click cancel button and $250000 was gone.
This is an example of Fat-Finger error that is input error or Mouse misclick in any financial market such as Crypto, NFTs, Stock Market.
Maxneut even said, " Once you no longer have control of the outcome forget and move on".
Current Price of Bored Ape NFT number 3547 -
The Current Price of Bored Ape NFT number 3547 is 85ETH around $321,481.05.
Owner - owned by ApelovesApe.
3. BORED APE YATCH CLUB-
This famous BORED APE NFT was listed under Board Ape Yacht club. There are 10000 nfts in Bored Ape Yacht Club.It is one of the most successful collection network of NFTs and each NFT has its specific numbers.
ANOTHER ERROR-
There is another example of Bored Ape fat- finger error or mistake typing error was in August. Someone listed there bored Ape NFT for $26000 by mistake and immediately it gets sold. The original owner even offer $50,000 to the person who buy it to get it back, but he refuses and sold it for $150000 market price.
All these things in NFT industry and Cryptocurrency market may expect to happen.
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Author- Simran Bhardwaj
Email id - sbhrd11@gmail.com
Thank you !!
Read also :- https://businessideasbysimran.blogspot.com/2021/12/seven-best-and-profitable-christmas.html
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