Someone just made a very public, $150,000 mistake
Practical jokes are great, in moderation.
Put the old whoopee cushion on your colleagues seat - everyone’s in for wholesome a laugh.
But en masse, they're kind of tiring.
...so every now and again, it's refreshing to see one backfire.
Today's practical joke gone wrong, stars @franklinisbored.
He's an NFT collector who's tired of bots placing fake bids on Ethereum Name Service (ENS) domain names.
For a laugh, he registered the name stop-doing-fake-bids-its-honestly-lame-my-guy.eth with his secondary wallet, and then put a bid on it for 100ETH, using his main wallet.
His goal being, to get the ENS Bids Bot to tweet out a domain name that mocks themselves directly.
(Boom, roasted).
BUT!
Ol' Franklin forgot to cancel his 100 ETH bid...and some savvy Twitter user capitalized on it.
The unknown entrepreneur bought the domain for 1.9ETH, and while Franklin celebrated the sale on Twitter, that very same entrepreneur accepted the 100ETH (~$150k USD) bid.
Oooft!
(Don't worry, @franklinisbored is doing just fine).
Strangely enough, Franklin’s failed joke highlights exactly how the ENS bidding system is meant to work.
The bid was made → it was recorded on the blockchain → it wasn’t canceled → it was then accepted and processed.
No third party could reverse that exchange - just as designed.
We had fun, and we learned something.
Nice!