22/07/2022 How An NFT Trader Lost $150K Trying to Troll Twitter Bots

A Bored Ape Yacht Club whale tried to have fun trolling Twitter bots but ended up self inflicting a 100-ether wound on himself.

A Bored Ape Yacht Club NFT owned by "Franklin".

Scams and frauds areubiquitous in crypto, but sometimes the biggest losses are those people inflict upon themselves. On Wednesday, one NFT trader suffered a spectacular loss of 100 ether, or $150,000, because of a joke gone wrong.

"This will be the joke and bag fumble of the century," tweeted Franklin, a pseudonymous NFT trader known for owning over 50 Bored Ape Yacht Club NFTs. "I deserve all of the jokes and criticism."

To understand Franklin's self-inflicted wound, you need to know about Ethereum Name Service. Ethereum wallets are by default 40 characters long -- 0x and then 38 random letters and numbers -- but ENS allows users to buy a name for their wallet. Instead of an ugly string of characters, my wallet could be CNET.eth. Anyone can mint a new ENS, provided the name isn't already taken, and they're owned as NFTs that can then be traded.

It's to crypto what domain names are to the internet; crypto traders buy wallet names for their aliases but also buy ENS domains like amazon.eth or nike.eth in the hopes those wallet addresses, like the website domains, will be worth a lot one day. (Porno.ethsold for $200,000.) There are several "ENS bot" accounts on Twitter, which report notable sales of ENS domains, such as the $90,000 purchase of samsung.eth last week.

On Monday, Franklin tried to amuse himself by getting Twitter bots to report a ludicrous ENS offer. His plan was to crowdsource a silly ENS name from his followers, mint it and then, using another wallet, offer 100 ether ($150,000) on theENS NFT on OpenSea. He hoped that offer would trigger the ENS bot. Franklin ended up minting "stop-doing-fake-bids-its-honestly-lame-my-guy.eth." The ploy worked; a few ENS sales bots tweeted out the fake bid.

After that, though, someone offered Franklin 1.891 ether ($2,890) for the ENS address. Franklin accepted the offer, calling it "the most surprising 1.891 ETH I have ever made." But he forgot to cancel the 100 ether bid he'd made from his second wallet, meaning the offer was still active. The buyer took advantage, purchasing the ENS address from Franklin for $2,890 -- and selling itbackto Franklin's second wallet for $150,000.

"I was celebrating my joke of a domain sale, sharing the spoils, but in a dream of greed, forgot to cancel my own bid of 100 ETH to buy it back," Franklin tweeted. "I didn't get 'botted.' I had plenty of time to cancel my offer, I just ran to Twitter, instead."

Arts

https://www.cnet.com/personal-finance/someone-lost-millions-trying-to-claim-2k-crypto-airdrop/

Interesting NFTs
Right Place & Right Time (bitcoin hourly price offset)
Each day, a new composition for the Master is generated autonomously using a data feed of Bitcoin's last 24 hours of price action. Each hour's price programmatically controls rotation, scale, and position of a correlating layer. Astute viewers will surmise the day's price volatility simply by examining the artwork. While the daily image generation is the result of autonomous API calls, utilizing an algorithm the artist wrote, the artist has chosen to retain a control token. This token allows him to fine-tune variables associated with his algorithm, in addition to addressing aesthetic concerns within the life-cycle of the artwork. Layer state, alpha, hue, saturation, and brightness are elements the artist has retained control of in order that this artwork remain a living work-in-progress. An earlier iteration of this artwork was featured as a nightly projection mapping video on the face of the Daniels Fisher Clocktower, as part of ETH Denver 2020. Access to this and additional exclusive content awaits the master token owner at the artist's NFT Portal: https://collect.mattkane.com/minted-works/right-place-right-time-bitcoin-hourly-price-offset/
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Rare Apepe #3682
This Rare Apepe is an homage to Bored Ape #5014
#65679
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Fidenza is by far my most versatile algorithm to date. Although the program stays focused on structured curves and blocks, the varieties of scale, organization, texture, and color usage it can employ create a wide array of generative possibilities. Additional project feature(s) => Scale:Medium, Turbulence:High, Colors:Luxe, Have Margin:Yes, Spiral:No, Soft Shapes:Yes, Super Blocks:No, Collision Check:No Overlap, Outlined:No, Shape Angles:Curved, Density:Medium