- A $1 million worth NFT, EtherRock, has been sold by Dino Dealer for less than a cent by mistake.
- The new owner relisted the NFT for 234 ETH.
- Dino Dealer begged for a return but only received suspicious replies.
Recently, a clipart-based image of a rock that was evidently appraised for over $1 million has been mistakenly sold for less than a cent.
EtherRock is an early Ethereum-based non-fungible token (NFT) project way back 2017 that portrays numerous-colored rocks. These collections of slightly unique 100 clipart rocks have been sold for millions of dollars.
Less than a week ago, an NFT collector Dino Dealer announced on Twitter that he listed his EtherRock NFT for 444 Wei instead of 444 ETH by mistake. At the time of writing, 444 ETH is $1,197,725.52. On the contrary, one Ether is equal to one quintillion Wei and 444 Wei only amounting 0.000000000000000444 ETH, around $0.0000000000012.
Based on the EtherRock website, the new owner relisted the NFT for 234 ETH, or more than $600,000. Dino Dealer begged the new owner to return his EtherRock in a comment section. However, he only received suspicious replies who offered help if he called their WhatsApp or sent them an email.
The bot allows its user to buy any newly-added token at an amazing speed from the time of listing, which removes the opportunity for other people to respond. Over the past year, bot sniping has been widespread in NFT marketplaces. In addition, more websites that guarantee to beat others milliseconds faster have been appearing.
EtherRock’s success created numerous copies in NFT marketplaces and people would wonder why these images cost so much. However, one thing is certain: spending thousands on bots to snipe NFTs could bring thousands in profit.
Recommended News :
Crypto News Land (cryptonewsland.com) , also abbreviated as “CNL”, is an independent media entity — we are not affiliated with any company in the blockchain and cryptocurrency industry. We aim to provide fresh and relevant content that will help build up the crypto space since we believe in its potential to impact the world for the better. All of our news sources are credible and accurate as we know it, although we do not make any warranty as to the validity of their statements as well as their motive behind it. While we make sure to double-check the veracity of information from our sources, we do not make any assurances as to the timeliness and completeness of any information in our website as provided by our sources. Moreover, we disclaim any information on our website as investment or financial advice. We encourage all visitors to do your own research and consult with an expert in the relevant subject before making any investment or trading decision.
