NFT

Major BAYC hodler loses 100 ETH in ‘joke’ domain sale gone wrong

cointelegraph.com

21 July 2022 03:20, UTC

Studying time: ~4 m


A Main Bored Ape Yacht Membership (BAYC) NFT hodler misplaced 100 Ether (ETH), value $150,000 because of a joke bid on his personal registered Ethereum Identify Service (ENS) area.

The NFT whale, who owns 57 BAYC NFTs and goes by @franklinisbored on Twitter, minted the ENS area “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” utilizing an alternate pockets on July 20.

The transfer was part of a meme mentioned with different NFT collectors locally wherein he was trying to set off the EnsBidsBot account to tweet a couple of hefty 100 ETH bid on an ENS area, basically to mock the aim of such Twitter accounts.

What phrase or meme would you like me to have the ens bot tweet out as a .eth handle with a 100 WETH bid? Lol I must mint the ENS handle myself too.

— Franklin ️uilding 57 apes (@franklinisbored) July 19, 2022

Nonetheless, after his ENS area really acquired a bid of 1.9 ETH ($2,900), @franklinisbored promptly accepted the bid however forgot to retract the 100 ETH bid he had positioned beforehand.

Recounting the transfer on Twitter, he highlighted the ridiculousness of the state of affairs by noting that “it is a mistake that I can’t think about anybody else placing within the effort to make.”

“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. This would be the joke and bag fumble of the century. I deserve the entire jokes and criticism.”

Oh no, I misplaced 100 ETH. 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. This would be the joke and bag fumble of the century. I deserve the entire jokes and criticism.

— Franklin ️uilding 57 apes (@franklinisbored) July 20, 2022

ENS is a blockchain naming protocol that permits customers to mint names as ERC-721 tokens that may hyperlink to crypto wallets, and has grow to be a useful device for eradicating the necessity to share prolonged automated pockets handle ids.

Nickelodeon’s profitable NFT drop

The primary plunge into the NFT area from beloved kids’s TV present developer Nickelodeon has gone off with a bang, with buying and selling volumes surging after the venture offered out all of its 10,000 NFT avatars this week.

The drop went reside on July 19 and consists of 10,000 NFTs depicting 12 completely different characters from the Rugrats and Hey Arnold! with randomized and distinctive traits. The collectibles had been offered for $50 a pop, however the flooring value on OpenSea has since risen to 0.29 ETH ($440).

Over the previous 24 hours, Nickelodeon’s NFTs have generated the second largest quantity of buying and selling quantity out of any venture listed on OpenSea at 1,066.05 ETH ($1.6 million).

#⃣1⃣ pic.twitter.com/r0w0jfUDQa

— nickelodeon_nft (@nickelodeon_nft) July 20, 2022

GameStop NFT surges previous Coinbase NFT

GameStop’s NFT market launch seems to have been a convincing success, with the platform producing greater than double the entire quantity of gross sales quantity of Coinbase NFT since its launch on July 11.

Based on knowledge from GameStop NFT’s web site and compiled by Cointelegraph, the platform has generated greater than $8.6 million value of NFT gross sales to date.

Compared, Coinbase’s muchly anticipated NFT market has generated simply $3.58 million regardless of launching in Might. Notably, GameStop additionally prices a 2.25% price on all NFT gross sales, whereas Coinbase is but to introduce charges to the platform.

On the time of writing, two initiatives on GameStop NFT have generated greater than $1 million value of gross sales quantity in MetaBoy and Cyber Crew [C4] with $2 million and $1.59 million apiece.

Former Simpsons animator to launch NFT-based animated sequence

Former animator of iconic cartoon sequence The Simpsons, Erick Tran has partnered up with blockchain-based Movie and TV manufacturing agency Mogul Productions to launch an NFT-based animated sequence impressed by the historical past of Hollywood.

The present might be known as The Mogies and it is going to be accompanied by a set of 1,923 NFTs, in a nod to the one hundredth anniversary subsequent yr of the Hollywood signal being erected. Every Mogie NFT will depict a parodied model of a well-known Hollywood celeb, and holders of the tokens might be granted IP rights to the content material depicted of their NFT.

Tran and his workforce on the CHAVVO studio are engaged on the sequence, and the story is about to comply with the tales of the parodied icons as they make their approach by way of Hollywood. The venture may even see the launch of the unique Mogieland Metaverse for NFT hodlers, who will acquire entry to advantages reminiscent of digital crimson carpet occasions and behind-the-scenes content material.

The Mogies: Mogul Productions/Chavvo Studios

Different Nifty Information:

On Wednesday, Minecraft’s developer Mojang Studios mentioned that it might be excluding the mixing of NFTs, alongside blockchain expertise as an entire, in its well-liked namesake recreation.

The USA Workplace of Authorities Ethics (OGE) issued a authorized advisory recommending varied cases when senior authorities officers are required to reveal their investments in NFTs.


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