Bored Ape Yacht NFT sold for $3,000 instead of $300,000
Bored Ape NFT sells for 1/100 of its market price after a typo error.
Board Ape #3547 sold for just$3,000 Instead of its actual price of$300,000.
The NFT was instantly snapped up by an BOT and put back on sale at nearly $250,000.
The Bored Ape Yacht Club is limited edition of 10,000 pieces of bored apes (digital art), created by Yuga Labs.
The seller, maxnaut, told Cnet that “He had meant to list Bored Ape number 3,547 for sale at 75 ethereum (ETH).”
But a "lapse of concentration" - during one of the many trades he lists online every day - had caused him to instead type in "0.75 ETH" ($2,989).
"I instantly saw the error as my finger clicked the mouse butit was instantly sniped before I could click 'Cancel' - and just like that, $250,000 was gone," he said.
The buyer also paid very high "gas" fees of 8 ETH ($32,000), to ensure the sale went through almost instantly.