THE BRUMPOST
  • News

    Industry news

    Reports

    Culture

    Business News

    Gears & Gadgets

    Sci-Tech

    Android

    Apple News

    Google

    Industry news

    Africa

    Asia

    Europe

    Global Tech Stories

    US & Canada

    @Work

    Facebook

    Microsoft

    COVID-19

    Latest news, updates and stories about the global pandemic

    5G

    The 5th generation network with blazing-fast connection power

    ALL NEWS
  • How Tos

    Apps & Software

    Quick BP Hacks

    Gadget Fixes

    Internet Guide

    Security

    Buying Guide

    Turn your smartphone to a speaker

    How to stop Duplicate pictures when you post on Instagram

    All the latest on Android 12

    Use your Android phone as the webcam of your PC

    Deals

    Best tech product deals across multiple stores on Brumpost Deal

    ALL TECH GUIDES
  • Reviews

    Smartphones

    Headphones

    Wearables

    BT Speakers

    PC & Computers

    Home APpliance

    Galaxy Z Fold 3

    iPhone 13 news and leaks

    iMac 24 2021 review

    Best 5G Smartphone 2021

    Honor Update

    Huawei update

    The Best

    1 percent of the 1 percent hand-picked by our editors

    5G

    The 5th generation network with blazing-fast connection power

    ALL STORIES
  • The Bargainer

    Under $50

    Under $100

    Under $200

    Under $300

    Under $400

    Under $500

    Banggood.com

    GearBest.com

    AliExpress.com

    Best Buy

    Flipkart

    Alibaba

    Deals

    Best tech product deals across multiple stores on Brumpost Deal

    The Best

    1 percent of the 1 percent hand-picked by our editors

    ALL BARGAINS
  • More

    Videos

    Photos

    Podcast

    Featured

    This or That

    5G

    COVID-19

    Sci-Tech

    CES

    Web STORIES

    @WORK

    Best Products

  • Login
  • Register
No Result
View All Result
THE BRUMPOST
|
No Result
View All Result
  • News
  • Product Reviews
  • “How-To” Guide
  • The Barginer
  • Best Products
  • Pictures
  • Videos
Home News Culture

Max made a fat finger error and sold an NFT worth US$300K for just US$3K

Simbi by Simbi
8 months ago
Reading Time: 3 mins read
A A
He made a typo error and lost thousands of dollars
Share on FacebookShare on TwitterPin It

Making a typo error isn’t anything new but leaving a big chunk of money on the table can be really annoying and that is what just happened to an individual who mistakenly sold a Bored Ape NFT for about US$3,000 instead of US$300,000.

ADVERTISEMENT

The news made it around on the internet thanks to CNET for sharing the report. Max (Maxnaut) is a self-described solo-traveler, a bored ape, marketing agency owner, and an NFT investor – he’s also the owner of the said NFT that was listed for sale on Saturday.

The NFT was listed and was supposed to be priced at 75/items which would garner about US$300,000 but he “accidentally” listed the items for 0.75 which dwindled the price down to just US$3,000.

However, due to the speed of the internet, Max wasn’t able to fix his error as the NFT had been snapped up – apparently by a bot programmed to find and buy undervalued listings – a report said.

You can see the drama play out on the NFT’s OpenSea page.“How’d it happen? A lapse of concentration I guess.”

THE SUNDAY BYTE!

Subscribe to get access to weekly tech industry updates, reports, insiders’ insights, best product Bargains and so much more every Sunday

By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.

“How’d it happen? A lapse of concentration I guess,” Max told CNET. “I list a lot of items every day and just wasn’t paying attention properly. I instantly saw the error as my finger clicked the mouse but a bot sent a transaction with over 8 eth [$34,000] of gas fees so it was instantly sniped before I could click cancel, and just like that, $250k was gone.”

There have been numerous memes made about this kind of error where one make typo error in crucial financial situations.

One such notable example is that of a junior Deutsche Bank employee who accidentally sent US$6 billion to a hedge fund client after messing up their calculations.

But because there are often some means of recourse when issues like this happen on the traditional market, the money was reversed the next day.

But in the case of Max, there’s nothing he can do to retrieve his item or money. As of today, there are said to be about 10,000 Bored Apes in existence and each of them has certain attributes such as laser eyes, sunglasses, etc.

Also Read

Grab this powerful 400W 33KPA handheld wireless vacuum cleaner at a fraction of the price

The Essager 33W GaN Power brick can speed charge any smartphone and it cost a fraction of the price of most power bricks

This self-operating robot vacuum cleaner just got really affordable compared to others

Kuulaa is a mini 5,000mAh power bank that can be taken with you wherever you go

NFTs aren’t about the quality of the artwork, though: they’re about speculation and perceived value.

And Bored Ape NFTs are an exclusive club, with owners including celebrities like Jimmy Fallon and Steph Curry.

ADVERTISEMENT

They originally sold for 0.08 ether, around $320, but now cost hundreds of thousands of dollars.

Despite the loss, Max seems to be taking things in stride. “Sometimes you fuck up, make a bad buy, out of gas fail, send Eth to the wrong wallet or fat finger a listing,” he tweeted.

“It’s going to happen. But, letting it occupy your mind for even one second after you can no longer affect the outcome is purely hurting yourself twice.”

Continue Reading

Bezior XF800 deal
The Bargainer

Get a huge 36% discount on the powerful Bezior XF800 e-Bike

by Wendy Xi

Powerful, elegant, and power efficient despite being speedy

Read more
Anker MagGo power bank deal
under $50

The all-new Anker MagGo magnetic power bank just got a huge 43% discount

by Wendy Xi

Works with modern iPhones that supports the MagSafe technology

Read more
HATV H13 hair dryer
Under $200

The HATV H13 is a professional high-speed hair dryer currently being sold with a huge discount

by Wendy Xi

Made with durable materials and delivers a large amount of hot air to blow dry your hair in minutes

Read more
Galaxy Z Fold 4 rumors
Reports

Everything we know and expect from Samsung Galaxy Z Fold 4

by Brett McAuley

There are rumors of an improved camera, better UTG for improved protection of the device's display, and a price drop

Read more
Motorola RAZR 2022 launch canceled
Gears & Gadgets

Motorola has canceled the launch event of its Razr 2022 and X30 Pro devices due to an unknown reason

by John Wong

We think the cancellation might have something to do with the rising political tension in China or maybe just some internal problems within the company

Read more
Load More
ADVERTISEMENT

BEST BARGAINS 2022

BEST BARGAINS 2022

It’s a new year and it’s the best time to get yourself the best gadgets and gizmos at an extremely lower price point. Explore our Bargains and Deals from top eStores and find out what’s best for you this new year!

Learn more
  • About us
  • Advertise
  • Write for us
  • FAQ
  • Cookie Policy
  • Contact us
  • Career
  • Terms of Use
Menu
  • About us
  • Advertise
  • Write for us
  • FAQ
  • Cookie Policy
  • Contact us
  • Career
  • Terms of Use
© 2020 BRUMPOST MEDIA LLC
All Rights Reserved
FOLLOW US
AFFILIATE DISCLOSURE
Brumpost may get a commission from retail offers.
  • Login
  • Sign Up
No Result
View All Result
  • Tech News
    • Industry News
    • Gears & Gadgets
    • Sci-Tech
    • Culture
    • Business
    • Reports
  • Products Review
    • Smartphones
    • Smartwatches
    • Bluetooth Speakers
    • Headphones
    • PC & Computers
  • “How-to” Guide
    • Apps/Software
    • BP-Hack
    • Gadgets
    • Internet
    • Security
  • The Bargainer
    • Under $50
    • Under $100
    • Under $200
    • Under 300
    • Under $400
    • Under $500
  • More
    • Best Products
    • Brumpost @Work
    • Tirepost
    • COVID-19 Monitor
    • BPTV
    • Pictures
    • Podcast
    • 5G Network
    • Deals
  • My Account

©Copyright 2018 Brumpost Media, Inc.

Welcome Back!

Sign In with Facebook
Sign In with Google
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
TirePost Logo - BG
Search
Menu
  • Car Finder
  • Latest News
  • Reviews
  • EVTOLs
  • Best EVs
  • Videos
  • Pictures

My Account

© 2021 Brumpost Media LLC. All Rights Reserved.

THE SUNDAY BYTE

Subscribe to get access to weekly tech industry updates, reports, insiders’ insights, best product Bargains and so much more every Sunday

By signing up, you agree to our Terms of Use and Privacy Policy. You may unsubscribe at any time.
cookie-cartoon-png-1

We've got a bunch of cookies here

Hello and welcome to Brumpost. We use cookies to personalize your experience on our website. To learn about the types of cookies being used, please click on the button below.

LEARN MORE