{"id":21148,"date":"2022-03-17T11:17:20","date_gmt":"2022-03-17T10:17:20","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=21148"},"modified":"2022-03-17T11:17:30","modified_gmt":"2022-03-17T10:17:30","slug":"nft-collector-mistakenly-sells-nft-of-1-million-worth-for-about-one-cent","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/nft-collector-mistakenly-sells-nft-of-1-million-worth-for-about-one-cent\/","title":{"rendered":"NFT Collector Mistakenly Sells NFT Of $1 Million Worth For About One Cent"},"content":{"rendered":"\n<h5 class=\"wp-block-heading\">This non-fungible token (NFT) collector lost a million dollars due to a blunder.<\/h5>\n\n\n\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"576\" data-id=\"21149\" src=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-1024x576.jpg\" alt=\"\" class=\"wp-image-21149\" srcset=\"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-1024x576.jpg 1024w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-300x169.jpg 300w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-768x432.jpg 768w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-1536x864.jpg 1536w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-150x84.jpg 150w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-750x422.jpg 750w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1-1140x641.jpg 1140w, https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-1.jpg 1568w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n<figcaption class=\"blocks-gallery-caption\">NFT collector sells $1 million NFT for about 1 cent by mistake <\/figcaption><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p>NFT collection, EtherRock was listed at 444 wei instead of 444 ether, according to Twitter user Dino Dealer. Wei is the smallest denomination, hence it's a scary story. In actuality, one ether equals 1,000,000,000,000,000,000 wei, according to Entrepreneur. As a result, the lucrative million-dollar NFT was sold for pennies on the dollar.<\/p>\n\n\n\n<p>For those unfamiliar with EtherRock, it debuted in 2017 following <a href=\"https:\/\/coinscreed.com\/staging\/yuga-labs-buys-nft-collections-of-cryptopunks-and-meebits.html\" data-type=\"post\" data-id=\"20842\">CryptoPunks<\/a>, and just 100 are now available, <a href=\"https:\/\/etherrock.com\/\" target=\"_blank\" rel=\"noreferrer noopener\">according to the company's website<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><g id=\"wpil-svg-outbound-7-icon-path\" fill=\"none\" clip-path=\"url(#clip0_31_188)\">\r\n                            <path d=\"M9.16724 14.8891L20.1672 3.88908\" stroke-linecap=\"round\"\/>\r\n                            <path d=\"M13.4497 3.53554L20.5208 3.53554L20.5208 10.6066\" stroke-linecap=\"round\" stroke-linejoin=\"round\"\/>\r\n                            <path d=\"M17.5 13.5L17.5 16.26C17.5 17.4179 17.5 17.9968 17.2675 18.4359C17.0799 18.7902 16.7902 19.0799 16.4359 19.2675C15.9968 19.5 15.4179 19.5 14.26 19.5L7.74 19.5C6.58213 19.5 6.0032 19.5 5.56414 19.2675C5.20983 19.0799 4.92007 18.7902 4.73247 18.4359C4.5 17.9968 4.5 17.4179 4.5 16.26L4.5 9.74C4.5 8.58213 4.5 8.0032 4.73247 7.56414C4.92007 7.20983 5.20982 6.92007 5.56414 6.73247C6.0032 6.5 6.58213 6.5 7.74 6.5L11 6.5\" stroke-linecap=\"round\"\/>\r\n                        <\/g>\r\n                        <defs>\r\n                            <clipPath id=\"clip0_31_188\">\r\n                                <rect fill=\"white\" height=\"24\" width=\"24\"\/>\r\n                            <\/clipPath>\r\n                        <\/defs><\/svg><\/span><\/a>. The value of the rock will rise with each subsequent addition. <a href=\"https:\/\/www.vice.com\/en\/article\/y3ve8b\/someone-sold-a-dollar1m-clipart-rock-nft-for-under-a-penny-by-mistake\" data-type=\"URL\" data-id=\"https:\/\/www.vice.com\/en\/article\/y3ve8b\/someone-sold-a-dollar1m-clipart-rock-nft-for-under-a-penny-by-mistake\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">According to Vice<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>, a $3.5 million bid was submitted for one EtherRock in October of last year. Dino Dealer had hoped to secure his big triumph, but he was met with disappointment instead.<\/p>\n\n\n\n<p>How was your week? Mine? I just mistakenly listed @etherrock #44 for 444 wei instead of 444 eth,\u201d user <a href=\"https:\/\/mobile.twitter.com\/dino_dealer\/status\/1501802006364635139\" data-type=\"URL\" data-id=\"https:\/\/mobile.twitter.com\/dino_dealer\/status\/1501802006364635139\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Dino Dealer wrote on\u00a0Twitter<span class=\"wpil-link-icon\" title=\"Link goes to external site.\" style=\"margin: 0 0 0 5px;\"><svg width=\"24\" height=\"24\" style=\"height:16px; width:16px; fill:#000000; stroke:#000000; display:inline-block;\" viewBox=\"0 0 24 24\" version=\"1.1\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" xmlns:svg=\"http:\/\/www.w3.org\/2000\/svg\"><use href=\"#wpil-svg-outbound-7-icon-path\"><\/use><\/svg><\/span><\/a>.\u00a0\u201cA bot acquired it on the same block and tried to flip for 234 eth. (SIC) In one click, my entire net worth of ~1 million dollars was gone. Is there any hope? Am I GMI? Can snipers show mercy?\u201d<\/p>\n\n\n\n<p>Dino Dealer wrote a series of messages after recognizing his error, asking for a refund on Etherscan.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">New Owner Lists NFT For $600,000<\/h2>\n\n\n\n<p>&#8220;Hello ser. Can you return the other rock? I made a huge mistake. Your bot snapped it up in the same block as my transaction so I never had a chance. I hope you can find it in your heart to show mercy, please?\u201d Dino Dealer wrote in the comment section.<\/p>\n\n\n\n<p>As of now, it does not appear that mercy was shown, as the user has the NFT listed for 234 ETH (USD 600,000), according to Vice.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This non-fungible token (NFT) collector lost a million dollars due to a blunder. NFT collection, EtherRock was listed at 444 wei instead of 444 ether, according to Twitter user Dino Dealer. Wei is the smallest denomination, hence it&#8217;s a scary story. In actuality, one ether equals 1,000,000,000,000,000,000 wei, according to Entrepreneur. As a result, the [&hellip;]<\/p>\n","protected":false},"author":33,"featured_media":21151,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21,62],"tags":[2076,8177,470],"class_list":["post-21148","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-nft-news","tag-etherrock","tag-nft-collector","tag-nfts"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2022\/03\/NFT_DjelicS-1568x882-2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/21148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=21148"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/21148\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/21151"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=21148"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=21148"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=21148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}