BAYC hodler loses 100 ETH in ‘prank’ domain sale gone wrong

A major Bored Ape Yacht Club (BAYC) non-fungible token (NFT) hodler lost 100 Ether (ETH), worth $150,000, following a prank on his own Ethereum Name Service registered domain (ENS).

The NFT whale, which owns 57 BAYC NFTs and passes for franklinisbored on Twitter, hit the ENS “stop-doing-fake-bids-its-honestly-lame-my-guy.eth” domain using another wallet on Wednesday.

This decision was part of a meme discussed with other NFT collectors in the community, in which he attempted to trigger the EnsBidsBot account to tweet about a large bid of 100 ETH on an ENS domain, essentially to make fun of the purpose of these Twitter accounts.

However, after his ENS domain did receive an offer of 1.9 ETH, or $2,900, franklinisbored quickly accepted the offer but forgot to withdraw the 100 ETH bid he had placed before.

Narrating the decision on Twitter, he underscored the ridiculousness of the situation, noting that “it’s a mistake I can’t imagine anyone else going to the effort to make:”

“I was celebrating my joke of a domain sale, splitting the spoils, but in a dream of greed, I forgot to rescind my own offer of 100 ETH to buy it back. It will be the joke and the breakaway bag of the century. I deserve all the jokes and criticism.

ENS is a blockchain naming protocol that allows users to create names as ERC-721 tokens that can be linked to crypto wallets and has become a convenient tool to remove the need to share long wallet address identifiers automated.

Nickelodeon’s Successful NFT Drop

Beloved children’s TV developer Nickelodeon’s first dip into the NFT space has gone off with a bang, with trading volumes surging after the project sold all of its 10,000 NFT avatars this week. .

The drop went live on Tuesday and consists of 10,000 NFTs representing 12 different characters from the Rugrats and Hi Arnold! with random and unique strokes. The collectibles were sold for $50 a piece, but the floor price on OpenSea has since risen to 0.29 ETH, or $440 at the time of writing.

Over the past 24 hours, Nickelodeon’s NFTs have generated the second largest trading volume of any project listed on OpenSea at 1,066.05 ETH, or $1.6 million.

GameStop NFT overtakes Coinbase NFT

GameStop’s NFT Marketplace launch was a relative success, with the platform generating more than double Coinbase NFT’s total sales volume since its July 11 launch.

According to data from GameStop NFT website and compiled by Cointelegraph, the platform has generated over $8.6 million in NFT sales to date.

By comparison, Coinbase’s highly anticipated NFT Marketplace only generated $3.58 million despite launching in May. Notably, GameStop also charges a 2.25% fee on all NFT sales, while Coinbase has yet to introduce any fees on the platform.

GameStop NFT has a long way to go to nab industry leader OpenSea, however, with the platform generating $22.9 million in the last 24 hours alone.

At the time of writing, two projects on GameStop NFT have generated over $1 million in sales volume in MetaBoy and Cyber ​​Crew. [C4]with $2 million and $1.59 million each.

A Simpsons animator launches an NFT-based series

Former host of the iconic cartoon series The Simpsons, Erick Tran has in partnership with blockchain-based film and TV production company Mogul Productions to launch an NFT-based animated series inspired by Hollywood history.

The show will be called The Mogies and it will be accompanied by a collection of 1,923 NFTs, in a nod to the 100th anniversary next year of the erection of the Hollywood sign. Each Mogie NFT will depict a parodied version of a famous Hollywood celebrity, and holders of the tokens will be granted intellectual property rights to the content depicted in their NFT.

Tran and his team at studio CHAVVO are working on the series, and the story is set to follow the stories of the parodied icons as they traverse Hollywood. The project will also see the launch of the exclusive Mogieland Metaverse for NFT hodlers, who will have access to benefits such as virtual red carpet events and behind-the-scenes content.

The Mogies: Mogul Productions/Chavvo Studios

Related: NFT and Islamic education: a new frontier for teaching religion?

Other interesting news:

On Wednesday, Minecraft developer Mojang Studios said it would rule out integrating NFTs, alongside blockchain technology as a whole, into its popular namesake game.

The US Office of Government Ethics (OGE) has issued a legal opinion recommending various instances where senior government officials are required to disclose their investments in NFTs.