In some sort of joke, an Ethereum whale named Franklin created a strange .eth domain and ended up earning 1,891 ETH (R$16,000). However, Franklin celebrated too early and a simple mistake cost 100 ETH (R$850,000) from his wallet.
To summarize, Franklin used a second wallet to provide 100 ETH for his own domain. However, he forgot to remove it after accepting a much smaller offer of less than 2 ETH, which was eventually accepted by the buyer.
Meanwhile, also this week, the Amazon.eth domain received a $1 million bid. Although it has not been accepted and has already expired, it is possible that the offer is part of the same joke whose goal is to appear in bots on Twitter.
Trickster gets cheated and loses 100 ETH in a prank
Franklin, holder of 58 Monkey NFTs, was happy this Wednesday (20) after selling the domain stop-do-fake-bids-are-honest-lame-my-husband.eth (stop making fake bids, this is really annoying my friend) for 1,891 ETH (R$16,000).
“Well, this is the most amazing 1,891 ETH I’ve ever made. I owe it all to the creative idea of #ENS and @gweiman_eth. #Marketing101”
This is the most surprising 1,891 ETH I’ve ever made. I owe it all to #ENS and @gweiman_eththe creative idea. #Marketing101 pic.twitter.com/wk6CFBkugx
— Franklin (58 monkeys) (@franklinisbored) July 20, 2022
However, this whale’s happiness was short-lived. Jokingly, Franklin used a secondary wallet to bid 100 ETH for his own domain before selling it.
The problem is that Franklin forgot to withdraw this offer after selling the domain. Therefore, the buyer was then the crook himself, and after paying 1,891 Ethereum, he sold the domain himself to Franklin for 100 ETH (R$850,000).
Now upset, the whale didn’t find the joke funny anymore and tried every possible way to get his 100 ETH back. As an example, he even sent the 1891 ETH back to the other rogue, hoping that he would return his money.
“Oh no, I lost 100 ETH. I celebrated my prank of a domain sale, sharing the loot, but in a dream of greed I forgot to cancel my own 100 ETH bid to buy it back. This is going to be the joke and confusion of the century. I deserve all the jokes and criticism.”
Oh no, I lost 100 ETH. I celebrated my prank of a domain sale, shared the loot, but in a dream of greed I forgot to cancel my own bid of 100 ETH to buy it back. This is going to be the joke and junk of the century. I deserve all the jokes and criticism.
— Franklin (58 monkeys) (@franklinisbored) July 20, 2022
Understanding the game with .eth domains
Since there are now several bots sharing bids and sales of ENS domains on Twitter, some people thought it was funny to bid high to appear in these tweets.
A prime example of this was the $1 million (R$5.5 million) bid for the domain Amazon.eth, also this week. However, it seems that the owner did not see the offer and it expired the next day.
“Amazon.eth has a new offer of 888.55 ETH ($1,002,000)”
amazon.eth has a new bid of 888.55Ξ ($1,002,000) #ensdomains #domains $ENS https://t.co/0Jz1z3OPDA
— ensbidsbot.eth (@EnsBidsBot) July 18, 2022
Finally, while this is just a joke, it’s entirely possible it could be used to drive up prices for some domains — like someone falsely bidding on Hollywood movie auctions. Therefore, it is good to be aware of the wickedness of the market before investing in these and other types of NFTs.
Source: Live Coins
John Cameron is a journalist at The Nation View specializing in world news and current events, particularly in international politics and diplomacy. With expertise in international relations, he covers a range of topics including conflicts, politics and economic trends.
