The NFT whale, who owns 57 BAYC NFTs and tweets as franklinisbored, minted the ENS domain "stop-doing-fake-bids-its-honestly-lame-my-guy.eth" on Wednesday using an alternate wallet.
The move was part of a joke he shared with other NFT collectors in the community. He was attempting to get the EnsBidsBot account to tweet about a large 100 ETH bid on an ENS domain, essentially mocking the purpose of such Twitter accounts.
Nevertheless, when his ENS domain received a bid of 1.9 ETH, or $2,900, franklinisbored promptly accepted the bid but forgot to retract the 100 ETH bid he had previously placed.
Recounting the incident on Twitter, he emphasized the absurdity of the situation, saying, "this is a mistake that I can't imagine anyone else putting in the effort to make:"
“I was celebrating my joke of a domain sale, sharing the spoils, but in a dream of greed, forgot to cancel my own bid of 100 ETH to buy it back. This is going to be the joke and bag mishap of the century. "I deserve every joke and criticism."
ENS is a blockchain naming protocol that allows users to mint names as ERC-721 tokens that can be linked to crypto wallets. It has proven a valuable tool for eliminating the need to share lengthy automated wallet address IDs.
Nickelodeon’s successful NFT launch
The beloved children's TV show developer Nickelodeon's first foray into the NFT space has gone off with a bang, with trading volumes surging after the project sold out all 10,000 NFT avatars this week.
The drop includes 10,000 NFTs depicting 12 different Rugrats and Hey Arnold! Characters, which went live on Tuesday. The collectibles, which have randomized and distinct characteristics, were sold for $50 each, but the OpenSea floor price has since risen to 0.29 ETH or $440 at the time of writing.
Nickelodeon's NFTs have generated the second highest trading volume of any project listed on OpenSea in the last 24 hours, at 1,066.05 ETH, or $1.6 million.
GameStop NFT has surpassed Coinbase NFT.
The launch of GameStop's NFT marketplace has been a relative success, with the platform generating more than double the total sales volume of Coinbase NFT since its July 11 launch.
According to data compiled by Cointelegraph from GameStop NFT's website, the platform has generated more than $8.6 million in NFT sales.
In contrast, even after its May launch, Coinbase's highly anticipated NFT marketplace has only generated $3.58 million. GameStop levies a 2.25 percent fee on all NFT sales, whereas Coinbase has yet to implement fees on its platform.
GameStop NFT still has a long way to go to catch industry leader OpenSea, with the platform generating $22.9 million in just the last 24 hours.
At the time of writing, two projects on GameStop NFT had exceeded $1 million in sales volume: MetaBoy and Cyber Crew [C4], with $2 million and $1.59 million, respectively.
Simpsons NFT-based series
Erick Tran, a former animator of the iconic cartoon series The Simpsons, has teamed up with blockchain-based Film and TV production firm Mogul Productions to launch an NFT-based animated version inspired by Hollywood's history.
The episode will be called “The Mogies” and will be supported by a collection of 1,923 NFTs in honor of the Hollywood sign's 100th anniversary next year. Each Mogie NFT will depict a parodied version of a famous Hollywood celebrity, and token holders will be granted IP rights to the content depicted in their NFT.The series is being developed by Tran and his team at the CHAVVO studio, and the plot will follow the lives of the parodied icons as they make their way through Hollywood. The project will also include the launch of the exclusive Mogieland Metaverse for NFT hodlers, who will gain access to benefits like virtual red carpet events and behind-the-scenes content.