NFTFails
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💎 DEGO: The Crypto Diamond That Proves to Be a Fake Diamond 💎
“DEGO is like a Tinder for DeFi: it promises you diamonds and NFT castles, but after the first date, you realize the ring is made of chocolate.”
🌐 What is DEGO? Decentralized Utopia with Reality Breaks
Launched in 2020, DEGO promised to be the 'Lego of DeFi and NFT' – a modular platform where you could build anything from yield farms to NFT galleries with real utility. The founders (anonymous, under the pseudonym Satoshi’sArt) swore they would democratize finance by:
- Utility NFTs: You own a 'digital diamond' and earn yield in ETH.
🌐 What is DEGO? Decentralized Utopia with Reality Breaks
Launched in 2020, DEGO promised to be the 'Lego of DeFi and NFT' – a modular platform where you could build anything from yield farms to NFT galleries with real utility. The founders (anonymous, under the pseudonym Satoshi’sArt) swore they would democratize finance by:
- Utility NFTs: You own a 'digital diamond' and earn yield in ETH.
🧑🍳 The CryptoPunk That Was Accidentally Sold for $0.01
In 2021, a CryptoPunk NFT — one of the rarest and most iconic digital collectibles on Ethereum — was mistakenly listed for just 1 cent (0.01 USD). The seller intended to price it at 100 ETH (then around $300,000), but due to a fat-finger error, it was instantly snapped up by a bot.
💸 The buyer paid gas fees of over $30,000 to ensure they secured the deal first, knowing how valuable the Punk was.
⏱️ The transaction was irreversible. Within seconds, the NFT was flipped for over $500,000 — a profit made in less than 10 minutes.
🤯 The story went viral and became a legendary example of how one single typo in Web3 can cost someone a fortune.
📢 The lesson? Always double-check before clicking “List for Sale” — especially when it’s a half-million dollar pixel face.
🏷️ #CryptoPunks
#NFTFails
#Web3Mistakes
#Crypto2025
#FatFingerError
In 2021, a CryptoPunk NFT — one of the rarest and most iconic digital collectibles on Ethereum — was mistakenly listed for just 1 cent (0.01 USD). The seller intended to price it at 100 ETH (then around $300,000), but due to a fat-finger error, it was instantly snapped up by a bot.
💸 The buyer paid gas fees of over $30,000 to ensure they secured the deal first, knowing how valuable the Punk was.
⏱️ The transaction was irreversible. Within seconds, the NFT was flipped for over $500,000 — a profit made in less than 10 minutes.
🤯 The story went viral and became a legendary example of how one single typo in Web3 can cost someone a fortune.
📢 The lesson? Always double-check before clicking “List for Sale” — especially when it’s a half-million dollar pixel face.
🏷️ #CryptoPunks
#NFTFails
#Web3Mistakes
#Crypto2025
#FatFingerError
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🤯 NFT trader sold a monkey for $150,000… instead of $1.5 MILLION due to one mistake!
#BinanceSquare $BTC $$BNB
🔻 The loudest fail of the week: the owner of a top NFT from the Bored Ape Yacht Club collection accidentally set the price 0 extra zeros lower — and instantly sold the token not for $1,500,000, but only for $150,000.
👀 A sniper bot bought the deal in less than 0.4 seconds after it appeared on the marketplace.
🤦 The trader explained that he was stressed and was checking the price list in a spreadsheet, copying the erroneous number.
⸻
📌 How to avoid such a crash?
🔹 Don’t trade large amounts while stressed.
🔹 Set limits through approval, not immediately in “sell”.
🔹 Enable confirmations on large transactions through wallets like Ledger.
🔹 If you're selling something valuable — double-check everything, or don’t sell at all at night 😉
⸻
💬 In crypto, one mistake — and you go from millionaire to meme.
#CryptoSecurity101 CryptoSecurity101 #BinanceSquare #NFTFails
#BinanceSquare $BTC $$BNB
🔻 The loudest fail of the week: the owner of a top NFT from the Bored Ape Yacht Club collection accidentally set the price 0 extra zeros lower — and instantly sold the token not for $1,500,000, but only for $150,000.
👀 A sniper bot bought the deal in less than 0.4 seconds after it appeared on the marketplace.
🤦 The trader explained that he was stressed and was checking the price list in a spreadsheet, copying the erroneous number.
⸻
📌 How to avoid such a crash?
🔹 Don’t trade large amounts while stressed.
🔹 Set limits through approval, not immediately in “sell”.
🔹 Enable confirmations on large transactions through wallets like Ledger.
🔹 If you're selling something valuable — double-check everything, or don’t sell at all at night 😉
⸻
💬 In crypto, one mistake — and you go from millionaire to meme.
#CryptoSecurity101 CryptoSecurity101 #BinanceSquare #NFTFails
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