A new metaverse band called Kingship is using the ape NFTs.
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The Bored Ape token sold for just over $3,000, one-hundredth of its intended market price.
The owner of Bored Ape made a typing error when listing the NFT online, according to CNet. The owner decided to sell it for 0.75 ether instead of 75 ether because of a lapse of concentration.
An automated account bought the NFT and put it back on sale.
A mistake in a banking transaction can be fixed. In the unregulated and fast-paced market ofCryptocurrencies, an error like this is usually irreversible as automated purchases pose constant threats.
The Bored Ape Yacht Club series is a limited set of 10,000 pieces of digital art.
Initially, customers could buy one for $300. Bored Apes are usually sold for at least 50 ETH, or about $200,000, and proud owners post them to social media or use them as their profile pictures.
Business Insider has an original article.
