While we wait for the bubble to burst, NFTs continue to circulate on the internet. While Instagram has only recently announced the arrival of the technology on its platform, works are now being sold for millions, if not tens of millions, of euros on a weekly basis. Furthermore, followers will not hesitate to capitalize on current events in order to maximize their profits. Thus, at the beginning of the month, a Ukrainian flag was purchased for 6 million euros. We will leave it to you to determine the significance of such a transaction.
Of course, such a craze is bound to result in bizarre stories. The most technologically illiterate will sympathize with Dino Dealer, who unfortunately lost 1 million euros. Dino Dealer, who specializes in rock drawings, had intended to resell the above work. According to his estimates, he could have earned at least 444 ETH from this stone, which is slightly more than a million euros at the current price of the cryptocurrency. The only problem was that the expert didn't know where to click.
Dino Dealer did, in fact, make a mistake in the currency selection when releasing the NFT for sale. Instead of using Ethereum, he lists his property for 444 wei, or a few cents. When he realizes his error, it is too late. The bots that scour the site for bargains have already identified the NFT in question. Worse, the work will be resold for 234 ETH (560,000 euros), resulting in a tidy profit for the bot's owner. Dino Dealer attempted but failed, to persuade the bot owner to listen to reason. He asked him to return the NFT in the comments section of the new publication, explaining that he made a "huge mistake." His request went unanswered, except for an army of scammers who promised him a refund via WhatsApp and email. "On the bright side, your entire fortune is no longer in a stone jpeg," one user said in response to Dino Dealer's tweet.
Jean Dubreil