EtherRock is an NFT collection which was released back in 2017, but went viral during August 2021. They are a very simple collection of 100 free clipart rock pictures being offered as NFTs to the community, and each having different colors and features! Today, they are worth thousands and millions. However, there is an EtherRock owner who did a huge mistake!

Less than 1 cent!

Awkwardly, an NFT collector, who goes by the name Rock dust on Twitter, sold his Clipart rock NFT by mistake for less than 1 cent, knowing that it is worth around $1 million! Instead of listing the NFT for 444 ETH, he listed it for 444 Wei, which is considered to be one of the smallest unit of Ether. Insanely, 1 Wei is worth around 1 quintillionth of Eth! After this listing, bot sniping caused the rock to be relisted for 234 ETH, so imagine how much money was lost! The initial seller literally asked for help, and knowing the value and fame that the EtherRocks have, he needed it!

He tweeted, and we quote, “How's your week? Mine? I just erroneously listed @etherrock #44 for 444 WEI instead of 444 ETH. Bot sniped it in the same block and tried to flip for 234 ETH. In one click my entire net worth of ~$1 million dollars, was gone. Is there any hope? Am I GMI? Can snipers show mercy?" Weirdly, many users mocked the accident, while others actually showed empathy! A user replied to Rock dust by saying, and we quote, “the silver lining is that your entire net worth is no longer in a rock jpeg?”

What is bot sniping?

With 99% probability that the transaction will go through, bot sniping is a method used where a bot is utilized to snipe or haunt certain NFTs. This takes place through APIs and the Blocknative Gas-Estimator API. Many NFT marketplaces are adopting this service, especially the renowned OpenSea! This will allow you to have a “competitive edge” especially when you are “tired of being LAST” when you are purchasing NFTs!