NFT

ENS Bidding ‘Joke’ Goes Wrong, NFT Whale Loses ETH 100

Source: Adobe/Alexander Pokusay

 

A famous non-fungible token (NFT) collector has misplaced ETH 100 (USD 148,665) because of a “joke” bid on considered one of his personal Ethereum Name Service (ENS) domains.

The pseudonymous NFT whale Franklin, who holds a lot of invaluable Bored Ape Yacht Club NFTs (amongst others), minted the ENS title stop-doing-fake-bids-its-honestly-lame-my-guy.eth and put it up on the market utilizing his secondary Ethereum pockets on Tuesday, but additionally positioned a bid of ETH 100 utilizing his essential pockets.

Today, he sold that ENS domain to another person for ETH 1.9 (USD 2,825) and took it to Twitter to rejoice his revenue, writing: “Well that is essentially the most shocking 1.891 ETH I’ve ever made.”

While he was busy posting on Twitter, the brand new proprietor of the ENS area accepted the 100 ETH bid Franklin had beforehand positioned — and offered the area again to the pseudonymous NFT collector.

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“I used to be celebrating my joke of a site sale, sharing the spoils, however in a dream of greed, forgot to cancel my very own bid of 100 ETH to purchase it again,” he said in a Twitter thread, including that this “would be the joke and bag fumble of the century.”

He even rejected suspicions that he was “botted,” that means an computerized bot accepted the ETH 100 bid earlier than he may cancel it, saying that it was fully his personal mistake.

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“I didn’t get ‘botted.’ I had plenty of time to cancel my offer, I just ran to Twitter instead,” he wrote. “I also sent the 1.9 WETH back to the person who bought/flipped it back to me. This is a mistake that I can’t imagine anyone else putting in the effort to make.”

While Crypto Twitter is weighing in on the expensive mistake, pseudonymous investor and NFT collector DCinvestor famous that there’s one lesson discovered from this incident: do not make joke bids on stuff.

DCinvestor tweeted,

“Y’all gotta respect the blockchain as a fiduciary layer and not go around making joke bids on stuff, signing 100 ETH from your wallet.” 

The collector added that, “Every time you sign something like that, feel the gravity of it. I do feel bad for Franklin’s loss here, but let it be a lesson to everyone.”

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