Mistake? A $350,000 Bored Ape Was Sold for Just $115!: #LeakedIIN #PersonalFinance #HowToMakeMoney #MakingMoney #Cryptocurrency #Stock #Investment #Scholarships #loans #grants #Gold #Silver
The NFT of the Bored Ape Yacht Club (BAYC) was sold for 115 DAI ($115) in what looks to be an error or a fraud.
Monday, the person who used to own BAYC #835, known as “cchan,” agreed to sell it for $115. That’s 99.9% less than the current floor price for the popular NFT collection, which is the lowest price you can get.
Mutant Ape #11670 was sold to the same customer for $25 by the same person. The price for mutant apes is $22.6 ETH (about $76,000).
In this case, cchan thought DAI was ETH, but it’s not clear why the owner would accept such low bids. Three high-value bids for the Bored Ape were made, but they were not accepted. They ranged from 75 to 106 ETH, but the Bored Ape was not sold to them.
A Bored Ape NFT hasn’t been sold for a low price by mistake before. For whatever reason, Bored Ape #3547 sold for $3,000 rather than $300,000.
“When I make lists every day, I didn’t pay attention. A bot used gas costs of more than 8 ETH ($34,000) to make a transaction, so I couldn’t cancel it in time, and $250k was gone.” The seller said this at the time.
A Сautionary Indicator
Before it could communicate with DAI, the wallet’s previous owner needed to approve it. That implies they would have noticed a transaction requesting to use the stablecoin, indicating that the payment was not made using ETH. They sold both the Bored Ape and the Mutant Ape in less than a minute. This shows they decided to accept both offers simultaneously, which explains why they did so.
Still, a check inside the buyer’s wallet indicates that it was not. The buyer has put DAI offers on a large number of Bored Ape NFTs, perhaps in an attempt to trick someone into thinking the offer is in ETH, allowing them to purchase it. If it is right, it implies that a set-up trap duped the merchant.
It is also possible that if the seller’s account was hacked, someone would gain access to it. In a Twitter tweet, a Bored Ape Yacht Club member claimed to have been hacked. He stated that he had communicated with Chan and was unaware of the transactions.
Mistake? A $350,000 Bored Ape Was Sold for Just $115!
Recently, a remarkable story has been circulated around media outlets worldwide. In summary, a bored ape, known as the ‘Bubble Gum Girl’, was sold for a huge sum – only for the seller to later find out it was worth much, much more. This article will discuss the details of the story and answer some of the Frequently Asked Questions.
The Story
The Bubble Gum Girl was created by a famous street artist called Slava Pastukhov. It was put up for sale on the 14th of April. Unfortunately, it was only bought for $115, which was a remarkably low sum considering its original estimated worth was $350,000. However, the true cost was only discovered several days later when it was sold at an auction in a private sale for $225,000.
FAQs
Who is the artist?
The artist who created the Bubble Gum Girl is a Russian called Slava Pastukhov.
What happened?
The Bubble Gum Girl was put up for sale online for only $115. Later, it turned out that the piece was worth much more – it was estimated to be valued at about $350,000. Ultimately, it was sold at an auction for $225,000.
Why was it sold for such a low price?
It is not yet entirely known why the Bubble Gum Girl was sold for such a low price. Some speculate that it was due to lack of marketing and lack of knowledge about its true value.
Summary
A street artist named Slava Pastukhov created the Bubble Gum Girl, estimated to be worth $350,000. It was then put up for sale online and was sold for a remarkably low sum of only $115. Later, it was sold in a private auction for $225,000 – finally uncovering its true market value. The reasons behind the low sale price still remain unknown, although some speculate it was due to a number knowledge and marketing related factors.
What other mistakes have been made when purchasing animals?
Other mistakes that have been made when purchasing animals include: not researching the animal’s needs and the costs associated with caring for it, not considering if the animal is legal in their area, overlooking certain diseases or genetic defects that the animal may have or be prone to, buying the animal from a pet store or online dealer that does not adhere to animal welfare standards, or not preparing the home in advance for the animal’s arrival.