16/03/2022 $1 million clipart rock NFT accidentally sold for less than a cent

NFTs are one of the most controversial tech things around at the moment, and for good reason. Artificial scarcity in digital spaces seems to be all the rage, and trading jpegs on the blockchain for stupid amounts of money is popular for some reason. But mistakes can always be made, often by user error, and that's how one NFT-rader got fractions of a cent for their rock jpeg that was valued at closer $1 million.

The world of cryptocan be a tough one to navigate. There's heaps of currencies, weird apes, unfathomable environmental impacts, and just a lot of confusion. Many game developers have straight up called outNFTs as a scam. The legitimacy of crytpo can be so bad thatSteam found over 50% of transactions using bitcoins on its platform were fraudulent. It's a scary crypto world out there, and not even crypto broNFT aficionados are immune to it.

Reported byVice, Dino Dealer on Twitter is one such crypto trader that recently made the simple error. When listing their precious EtherRock NFT they erroneously put it up for 444 gwei instead of 444 eth. This is the difference between getting basically nothing or around $1 million USD. Once listed for the low low price, it was immediately purchased by a bot for the equivalent of someone whispering the word "money" from at least 100 kms away.

Dino Dealer posted about the event onTwitter, pleading at the end for snipers to show mercy. They also contacted the owner of the bot, hoping for a do-over but have received no reply. Because this is all blockchain, the transaction is available for anyone to see and smile at if they choose. Given it's a very basic jpeg of a rock, it feels like the bot got about what it paid for anyway.

This week in PC Gaming, it's time to get fighting Persona 4 style, defeating ferocious monsters as a little fox in Tunic, and taking on challenges to bring the light of the crystals back to Cornelia in Stranger of Paradise: Final Fantasy Origin.

EtherRock is a pretty quintessential example of NFTs. It's a series of images of the same clipart rock with variations in colour, so a lot like the famous Ape images you might have seen, but literally just rocks. Or rock. The same rock. One has sold for the equivalent of $3.5 million USD. The worst part is you can't even bang your head against one since it's just a digital jpeg.

Hope’s been writing about games for about a decade, starting out way back when on the Australian Nintendo fan site Vooks.net. Since then, she’s talked far too much about games and tech for publications such as Techlife, Byteside, IGN, and GameSpot. Of course there’s also here at PC Gamer, where she gets to indulge her inner hardware nerd with news and reviews. You can usually find Hope fawning over some art, tech, or likely a wonderful combination of them both and where relevant she’ll share them with you here. When she’s not writing about the amazing creations of others, she’s working on what she hopes will one day be her own. You can find her fictional chill out ambient far future sci-fi radio show/album/listening experience podcast at BlockbusterStation.buzzsprout.com. No, sadly she’s not kidding.

Arts

https://www.pcgamer.com/dollar1-million-clipart-rock-nft-accidentally-sold-for-less-than-a-cent/

Interesting NFTs
EYE-ROLLA #5/25
ROLLIN EYES
Poem by Sangi Hitoshi, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse
Katsushika Hokusai (1760-1849) Poem by Sangi Hitoshi, from the series One Hundred Poems by One Hundred Poets, Explained by the Nurse late 1830s - Japan
Okay Bulls #6945
Okay Bulls is a clean collection of 10,000 bulls building a bullish community that will transcend the internet into the real world.
Mars House
Mars House is the first NFT digital house in the world. Upon purchase of Mars House NFT, 3D files will be sent to the new owner by Krista Kim Studio Inc. for file upload to the owner’s Metaverse. Technical support for Mars House integration on Metaverse is provided. (Architectural Digest, March 14, 2021) “Kim ventured into NFTs while exploring meditative design during quarantine; her hope was to use the influx of digital life as an opportunity to promote wellbeing. Comprised entirely of light, the visual effects of her crypto-home are meant to omit a zen, healing atmosphere. The artist also partnered with musician Jeff Schroeder of The Smashing Pumpkins to create a calming musical accompaniment. So what makes the file a compelling purchase? Beyond the promise of buying into the lucrative NFT market, the home and all of the furniture in it can be built in real life by glass furniture-makers in Italy, as well as through MicroLED screen technology. Kim also has a strong visions the art being projected, as well. “Everyone should install an LED wall in their house for NFT art.” says the artist. “ This is the future, and Mars House demonstrates the beauty of that possibility.” The owner is in agreement to the following terms and conditions upon purchase of Mars House (hereby referred to as Mars House NFT): The collector agrees to own one copy of Mars House NFT on a single Metaverse platform. The collector is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio Inc. will provide technical support to upload and integrate Mars House NFT on a Metaverse platform. If/when Mars House is resold, the collector is required to delete all Mars House NFT 3D file(s) from his/her Metaverse, and provide verification of deletion to Krista Kim Studio Inc. before new 3D files are transferred to the new owner by the artist. The new owner is required to register Mars House NFT ownership with Krista Kim Studio Inc. Krista Kim Studio will send Mars House NFT 3D files directly to the new owner and provide support for Metaverse integration. This verified ownership transfer system will be appointed to Krista Kim Studio Inc. trusteeship, after 40 years of the date of the sale. Krista Kim Studio Inc. retains ownership of Mars House NFT copyright. All rights reserved. All reproductions of Mars House (NFT) in both digital and physical formats, are restricted. Mars House NFT physical furniture pieces, made of tempered printed glass in Italy, may be commissioned by the collector as NFT physical pieces.
Reflection
#XCOPY #GIF #screen #time #mirror