A BAYC NFT was mistakenly sold for 200 USDC  

Key Takeaways

  • Bored Ape Yacht Club NFTs are one of the most expensive collections out there. 
  • This Bored Ape Yacht Club NFT was mistakenly sold for $200, despite its value of over $200,000.
  • The sale offer was accepted within 3 minutes.

A BAYC NFT holder just sold his Ape for USDC 200. But, if you’re wondering what’s wrong with it, you should know that the BAYC NFT was valued at over $200,000 but was mistakenly sold for $200 USDC.

Was it actually a serious mistake or was it all about the tax evasion? The majority say that it was surely a tax evasion. Despite its actual high price, the unique BAYC NFT, #6462, had been available for $200. If you look at the unique features that it offered you will be even more surprised. A police helmet and a pizza are among their interesting features. The Ape currently has a floor price of 105.1 ETH ($218,006.09).

Bored Ape Yacht Club’s NFTs line is among the most expensive available on the market.  Anyone who is a little familiar with crypto and blockchain must be knowing that the transactions are all irreversible. 

To everyone’s surprise, the seller accepted the sale offer in less than three minutes. While some people believe this is a tax avoidance ploy, others sympathize with the NFT vendor. A similar situation occurred in December of last year. Bored Ape Yacht Club NFTs worth $290 Thousand was sold at 1% of its price by mistake. 

BAYC NFTs is basically a popular collection of 10,000 unique bored apes made by Yuga Labs. Cartoon ape profile images are included in the collection, generated procedurally by an algorithm. Bored Ape Yacht Club’s parent firm is Yuga Labs.

Baisakhi Mishra
Baisakhi Mishra

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