ENS Putting in a bid ‘Joke’ Goes Completely Wrong, NFT Whale Loses ETH 100

Source: Adobe/Alexander Pokusay

 

A noted non-fungible token (NFT) collector has lost ETH 100 (USD 148,665) because of a “joke” invest in certainly one of their own Ethereum Name Service (ENS) domains.

The pseudonymous NFT whale Franklin, who holds numerous valuable Bored Ape Yacht Club NFTs (amongst others), minted the ENS name stop-doing-fake-bids-its-honestly-lame-my-guy.eth and set it up for purchase using his secondary Ethereum wallet on Tuesday, but additionally placed an offer of ETH 100 using his primary wallet.

Today, he offered that ENS domain to another person for ETH 1.9 (USD 2,825) and required it to Twitter to celebrate his profit, writing: “Well this is actually the most surprising 1.891 ETH I’ve ever made.”

As they was busy posting on Twitter, the brand new who owns the ENS domain recognized the 100 ETH bid Franklin had formerly placed — and offered the domain to the pseudonymous NFT collector.

“I had been celebrating my joke of the domain purchase, discussing the spoils, however in an aspiration of avarice, didn’t remember to cancel my very own bid of 100 ETH to purchase it back,” he stated inside a Twitter thread, adding this “would be the joke and bag fumble from the century.”

He even rejected accusations he was “botted,” meaning a computerized bot recognized the ETH 100 bid before he could cancel it, saying it had become entirely their own mistake.

“I didn’t get ‘botted.’ I’d sufficient time to cancel my offer, I simply ran to Twitter rather,” he authored. “I also sent the fir.9 WETH to the one who bought/flipped it to me. This can be a mistake which i can’t imagine other people investing in your time and effort to create.”

While Crypto Twitter is hitting the scales around the pricey mistake, pseudonymous investor and NFT collector DCinvestor noted that there’s one lesson learned out of this incident: don’t make joke bids on stuff.

DCinvestor tweeted,

“Y’all gotta respect the blockchain like a fiduciary layer and never bypass making joke bids on stuff, signing 100 ETH out of your wallet.” 

The collector added that, “Every time you sign something of that nature, have the gravity from it. I actually do shame Franklin’s loss here, but allow it to be considered a lesson to everybody.”

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