A distracted trader accidentally sold a non-fungible token for a hundredth of its market price.
are the latest cryptocurrency phenomenon to go mainstream. In the simplest terms, NFTs transform digital works of art and other collectibles into one-of-a-kind, verifiable assets that are easy to trade on the blockchain.
On Saturday, the owner of such a piece of art accidentally sold his NFT for a fraction of what it was worth.Max, who goes by the username maxnaut, said the mistake happened after"a lapse of concentration" when he accidentally listed the NFT for 0.75 eth instead of 75 eth . He said that the NFT was instantly bought by an automated account, which later resold the piece for 59.99 eth .
"Once I clicked, there was no way of stopping it. And here within the beauty of the Blockchain you can see that it is both honest and unforgiving," he said.
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