No Time to Monkey about in the World of NFTS
If you were to accidentally list something for the wrong amount and someone bought it via traditional banking systems then more often than not you can reverse the transaction.
But in the world of NFT's things aren't so forgiving!
This is exactly what happened in a recent in-demand NFT was accidentally sold for a little more than $3000 - one hundredth of its market price
The Bored Ape Yacht Club is limited run of 10,000 pieces of digital art, each with minor variations.
But the owner of Bored Ape number 3,547 made a typing error when listing the item for sale online and consequently the buyer scored the NFT for a bargain basement price! And the buyer put it back on sale at nearly $250,000.
Bored Ape Yacht Club’s initial batch of N.F.T.s brought in more than two million dollars. The collection has since seen almost a hundred million dollars in trading