An NFT collector sold a $1 million Clipart Rock NFT for less than a penny by accident

According to blockchain records, an NFT collector listed their rare Etherrock for 444 wei instead of 444 ETH (just over $1 million) a few days ago, and it was quickly purchased.

An NFT collector sold a $1 million Clipart Rock NFT for Under a Penny by Mistake
Etherrock NFT | Image: screenshot from Etherrock Twitter

Note that 1 ETH is equal to 1,000,000,000,000,000,000 wei 444. Note that wei is less than a fraction of a penny so it's almost completely useless.

Late Wednesday, a collector known as Dino Dealer tweeted that the rock was theirs and that a bot had "sniped" it. "Can snipers be merciful?" "My entire net worth of $1 million dollars vanished with a single click. Is there any light at the end of the tunnel? "Am I a GMI?"

The current owner has offered the NFT for 234 ETH (about $600,000) on the EtherRock website.

The majority of the responses indicated disbelief, with a dash of mockery thrown in for good measure. "The silver lining is that your whole financial worth is no longer in a rock jpeg?" a Twitter user responded.

EtherRock is a four-year-old NFT project that got viral last year for no apparent reason, causing its prices to surge.

The project comprises of 100 NFTs made from free clipart images of the same cartoon rock, each with a little varied hue. A bid of 900 ETH worth approximately $3.5 million was placed for one EtherRock in October.

Dino Dealer inquired seeking an Etherscan refund, but was unsuccessful. They wrote in the comments area, "Hello sir." "Are you able to return the etherrock?" I made a terrible blunder.

I never had a chance because your bot grabbed it in the same block as my transaction. Please, can you find it in your heart to extend mercy?" Scammers approached Dino Dealer fast, offering a "refund" if he contacted their WhatsApp number or sent them an email.

Motherboard used the Etherscan chat option to reach out to the owner of the address that sold the EtherRock NFT, but received no answer.

Over the last year, bot sniping has become so common in NFT marketplaces that websites now provide bots to assist you beat those who are a millisecond faster.