The investor in NFT accidentally burned Cryptopunk token by value $135 000 – Bits Media

Collector Brandon Riley, passing through the unfamiliar NFT packaging process, accidentally burned Cryptopunk token value 77 ETH (about $135 000) Without the possibility of recovery.

In a message on Twitter, NFT collector Brandon Riley (Brandon Riley) wrote, What is Cryptopunk token #685 worth about $135 000 was irrevocably lost after random sending to the destruction address.

"Today, Trying to wrap Cryptopunk #685, I accidentally burned it. I was so focused on that, to follow the instructions for sure, that I was mistaken, Destroying a third of his condition in one transaction ", - wrote Riley.

According to Riley, He planned to use Cryptopunk #685 as an “eternal collateral” and providing future credit applications. but, When trying to create a proxy-wallet, he did something wrong and after access to the contract automatically received an address, which by default was the address for burning assets.

“I exactly followed all the instructions. But reality is as follows, that without experience with such contracts, I should not try to do it alone ", - said Riley.

Commenting the event on social networks, The cryptocurrency unanimously agreed, that complex instructions and a confusing user interface of most crypto -ecosystems constantly expose investors at risk of loss of funds and require an early update.

Earlier, the State Administration of China for Market Regulation reported, what is according to the results 2022 the number of complaints, related to inconsistent tokens (NFT), In growing on 30 000%.