Remember Ether Rocks – the plain rock jpegs that became incredibly valuable NFTs last year? A lucky owner recently tried to cash in on one of those collectibles – but accidentally sold it for under a cent.
- Twitter user @dino_dealer (aka Rock Dust) once held EtherRock #44, and planned to sell it for 444 ETH. At today’s price, that’s over $1 million.
- The idea wasn’t crazy: multiple other ‘worthless’ images within the same collection sold for well over $500,000 last August.
- However, Dust accidentally fat-fingered its listing, putting it up for 444 Wei rather, instead of ETH.
- Wei is the smallest denomination of ETH that can be traded. Exactly 1,000,000,000,000,000,000 Wei is equal to just 1 ETH. In other words, the 444 Wei the rock was listed for is worth orders of magnitude less than a penny.
- Dust had little chance to reverse the listing either: a trading bot nabbed the free NFT within the same block.
- Dust said that his entire net worth was placed in the digital rock, and asked those who sniped it to “show mercy”.
- This isn’t the first time an NFT holder butchered his own sale: in December, one BAYC holder sold his ape for $3 rather than $300,000. Since crypto transactions are peer to peer and irreversible, such accidents are virtually impossible to remedy.
- Dust agreed that his accident was somewhat of an “easy come, easy go” scenario, which caused him to not carefully double-check his sale before making it.
“The controls are the same whether transacting $1 or $1 billion,” he said. “It’s just a line of data and a click of a button.”
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