Bored Ape NFT reportedly sells for $3,000 instead of $300,000 due to ‘fat-finger’ mistake

Bored Ape NFT reportedly sells for $3,000 instead of $300,000 due to ‘fat-finger’ mistake

A non-fungible token trader reportedly sold a highly sought-after NFT for $3,000 rather than $300,000 due to a "fat-finger" error. The trader, identified only as Max or "maxnaut" online, told tech news website that he meant to list his NFT for 75 ether, or about $300,000. But a "lapse of concentration" caused him to accidentally type in 0.75 ether as the listing price. A fat-finger error is where a trader places the wrong bet on a stock or other financial asset because of a typing mistake. In 2014, for example, a for a sudden spike in the share price of British lender . Max's NFT was part of the Bored Ape Yacht Club, a prestigious collection of 10,000 colorful apes that live on the blockchain, the network behind the world's second-largest cryptocurrency. Celebrities like Jimmy Fallon, DJ Khaled and Post Malone have bought Bored Ape NFTs for hundreds of thousands of dollars. NFTs are a designed to represent ownership of a unique virtual item, such as a piece of art or rare sports trading cards. Ownership of these items is tracked on the blockchain, the technology behind most cryptocurrencies. According to CNET, Max's Bored Ape was immediately snapped up by