NFT of clipart rock worth $1 million accidentally sold for less than a penny
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KEY HIGHLIGHTS
- The NFT collector listed their valuable NFT for 444 Wei instead of 444 ETH
- A bot sniped it after which it was listed again for 234 ETH
- “Can snipers show mercy?” the owner asked
An
Wei is the smallest unit of Ether and one Wei is equal to one quintillionth of an Ether.
Etherrock is a collection of 100 cartoon pet rocks based on free
After the NFT was sold for less than a penny, it was listed again for 234 ETH (Rs 4.6 crore).
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The NFT collector took to Twitter to share about the incident.
How’s your week?Mine? I just erroneously listed @etherrock #44 for 444 wei instead of 444 ethđ¤Śââď¸Bot sniped it⌠t.co/6MtGjitTqm
â ANI (@ANI) Mar 10, 2022
“I just erroneously listed @etherrock #44 for 444 wei instead of 444 eth,” the NFT collector, @dino_dealer, wrote on Twitter.
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They added, “Bot sniped it in the same block and trying to flip for 234 eth. In one click my entire net worth of ~$1 million dollars, gone. Is there any hope? Can snipers show mercy?”
Last year, a Bored Ape NFT was accidentally sold for a little over $3,000 (Rs 2.28 lakh) instead of $300,000 (Rs 2.28 crore) – thanks to a “fat-finger” typing error. By the time the owner spotted the error, it was too late.
“I instantly saw the error as my finger clicked the mouse but… it was instantly sniped before I could click ‘Cancel’ – and just like that, $250,000 was gone,” he told CNET.
The NFT was bought immediately. The buyer paid an extra $34,000 to speed up the transaction, ensuring no one could snap it up before them. The Bored Ape was then promptly listed for $248,000.