{"id":3989,"date":"2023-02-20T20:33:24","date_gmt":"2023-02-20T20:33:24","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/20\/bayc-whale-franklin-fat-fingers-beanz-bid-loses-35-eth\/"},"modified":"2023-02-20T20:33:24","modified_gmt":"2023-02-20T20:33:24","slug":"bayc-whale-franklin-fat-fingers-beanz-bid-loses-35-eth","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/02\/20\/bayc-whale-franklin-fat-fingers-beanz-bid-loses-35-eth\/","title":{"rendered":"BAYC Whale Franklin Fat Fingers Beanz Bid, Loses 35 ETH!"},"content":{"rendered":"<p><\/p>\n<div>\n<p><span style=\"font-weight: 400;\">NFT collector Franklin just made a terrible blunder\u2014he placed a \u201cfat finger\u201d offer of 35 ETH for a single Beanz NFT.\u00a0 Franklin, who is the sixth largest <\/span><a href=\"https:\/\/nftevening.com\/bored-ape-yacht-club-the-avatar-collectibles-with-the-biggest-community\/\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">Bored Ape Yacht Club (BAYC)<\/span><\/a><span style=\"font-weight: 400;\">, was trying to buy 35 NFTs in the collection. Unfortunately, he ended up placing a 35 ETH offer on a single NFT, whose floor is less than 2 ETH.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Here\u2019s all you need to know about what happened with Franklin:<\/span><\/p>\n<figure id=\"attachment_96960\" aria-describedby=\"caption-attachment-96960\" style=\"width: 1200px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-96960\" src=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-scaled.webp\" alt=\"Different Beanz NFT avatars Franklin was trying to buy\" width=\"1200\" height=\"1115\" srcset=\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-scaled.webp 1200w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-300x279.webp 300w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-1024x952.webp 1024w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-768x714.webp 768w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-60x56.webp 60w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-150x139.webp 150w, https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-450x418.webp 450w\" sizes=\"(max-width: 1200px) 100vw, 1200px\"\/><\/noscript><figcaption id=\"caption-attachment-96960\" class=\"wp-caption-text\">Franklin just los 35 ETH tryingto bid for a Beanz NFT.<\/figcaption><\/figure>\n<h2><span id=\"Franklin_Loses_35_ETH\"><b>Franklin Loses 35 ETH<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Taking to Twitter yesterday, February 19, Franklin recounted his costly mistake. While he was placing a bid, <a href=\"https:\/\/nftevening.com\/azuki-nft-finally-announces-the-details-of-beanz-nft-collection\/\" target=\"_blank\" rel=\"noopener\">Beanz\u2019s<\/a> floor price was at 1.73 ETH. Although he wanted to mint a quantity of 35 NFTs in the collection, he ended up making a 35 ETH offer. While he tried to cancel, the seller accepted the bid in no time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\"><em>\u201cAs you may already know, I placed a fat-finger collection offer of 35 ETH on Beanz,\u201d<\/em> he tweeted. <em>\u201cI meant to type a much lower bid with a quantity of 35, but I instead bid 35 ETH for 1 purchase (floor of like 1.73 ETH at the time). It got accepted before I could cancel.\u201d<\/em><\/span><\/p>\n<h2><span id=\"Web3_and_Costly_Fat_Finger_Mistakes\"><b>Web3 and Costly Fat Finger Mistakes<\/b><\/span><\/h2>\n<p><span style=\"font-weight: 400;\">Unfortunately, what Franklin did is a common mistake in the Web3 space. Many NFT newbies and veterans alike have lost thousands of dollars through this costly mistake.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">For example, early last year, a BAYC holder sold their Bored Ape #6462 for $200. At the time, BAYC\u2019s floor was around 100 ETH or about $200,000. It is likely that the holder thought they were accepting a 200 ETH offer instead of 200 USDC.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">At the end of the day, always remember the golden rule: always double-check all your transactions!<\/span><\/p>\n<div class=\"bottom-text__subscribe\">\n<div id=\"mlb2-5802138\" class=\"ml-form-embedContainer ml-subscribe-form ml-subscribe-form-5802138\">\n<div class=\"ml-form-align-center\">\n<div class=\"ml-form-embedWrapper embedForm\">\n<div class=\"ml-form-embedBody ml-form-embedBodyHorizontal row-form\">\n<div class=\"ml-form-embedContent\" style=\"\">\n<h4><span id=\"Join_Our_New_To_The_Moon_daily_Newsletter\">Join Our New &#8220;To The Moon&#8221; daily Newsletter<\/span><\/h4>\n<p>Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts &amp; stay on top \ud83d\udc4a\ud83c\udf1a<\/p>\n<\/div>\n<\/div>\n<div class=\"ml-form-successBody row-success\" style=\"display:none\">\n<div class=\"ml-form-successContent\">\n<h4><span id=\"Thank_you\">Thank you!<\/span><\/h4>\n<p>You have successfully joined our subscriber list.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p><img loading=\"lazy\" src=\"data:image\/svg+xml,%3Csvg%20xmlns=\" http:=\"\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\" data-lazy-src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\"\/><noscript><img loading=\"lazy\" src=\"https:\/\/track.mailerlite.com\/webforms\/o\/5802138\/c5t4g8?v1668587371\" width=\"1\" height=\"1\" style=\"max-width:1px;max-height:1px;visibility:hidden;padding:0;margin:0;display:block\" alt=\".\" border=\"0\"\/><\/noscript><\/p>\n<div class=\"bottom-text__wrapper post-content\">\n<p>\u00a0<\/p>\n<hr\/>\n<p><em>All investment\/financial opinions expressed by NFTevening.com are not recommendations.<\/em><\/p>\n<p><em>This article is educational material.<\/em><\/p>\n<p><em>As always, make your own research prior to making any kind of investment.<\/em><\/p>\n<\/div>\n<\/div>\n<p><a href=\"https:\/\/nftevening.com\/bayc-whale-franklin-fat-fingers-beanz-bid-loses-35-eth\/\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NFT collector Franklin just made a terrible blunder\u2014he placed a \u201cfat finger\u201d offer of 35 ETH for a single Beanz NFT.\u00a0 Franklin, who is the sixth largest Bored Ape Yacht Club (BAYC), was trying to buy 35 NFTs in the collection. Unfortunately, he ended up placing a 35 ETH offer on a single NFT, whose [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3990,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[9],"tags":[21],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/02\/Beanz-scaled.webp","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3989"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=3989"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/3989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/3990"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=3989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=3989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=3989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}