Bored Ape NFT sells for $3,000 instead of $300,000 due to a clerical error
An in-demand non-fungible token (NFT) has been accidentally sold for a little more than $3,000 (£2,270) – one-hundredth of its market price.
The seller, Maxnaut, told CNet he had meant to list Bored Ape number 3,547 for sale at 75 ethereum (ETH), the crypto-currency used for many NFT trades, but a misplaced decimal made the digital asset go for “0.75 ETH” ($2,989).
The buyer also paid “gas” fees – which determine how quickly the Ethereum network processes a transaction – of 8 ETH ($32,000), to ensure the sale went through almost instantly.
The Bored Ape Yacht Club has been one of the most successful collections in the non fungible token space, behind CryptoPunks.
The images of the apes were sold 128 times in the last 7 days, according to data from NFTStats. The total sales volume for Bored Ape Yacht Club was $33.96M.
It launched in April and consists of 10,000 Bored Apes. Right now the cheapest you can buy one for is 49 ETH, about $231,000.
The team behind the collection recently signed a deal to collaborate with Adidas, and an ape from the collection featured on the cover of Rolling Stone magazine.
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