Ever wondered how many good stocks were lost? According to the NFT stats shared by (@ punk9059) on Twitter yesterday, it’s clearly 2-3%. Some BAYC and MAYC holders may have lost access to NFTs due to some unclaimed Bored Ape and Mutant lands.
An example of a lost good NFT
The Bored Ape Yacht Club and Mutant Ape Yacht Club by Yuga Labs are one of the most well-known and outstanding NFT projects in the field. However, some BAYC and MAYC holders have not earned some of the significant rewards associated with NFTs.
According to NFT statistics, 265 of the 9999 boring Ape lands have not yet been claimed, and 394 of the 19413 mutant lands have not been claimed. This indicates that 2-3% of both sets are missing or owned by people who are not paying attention. Also, there is likely to be duplication between owners of unclaimed land.
In the same thread, the BAYC user replied: One purse holding about 27 boring monkeys since Mentha.. However, there are still all mutant vials (20 unused M1 sera and 7 unused M2 sera), 272,538 unclaimed $ APE, and 27 unclaimed Otherdeed.
What happened to the owner? Well, some speculate that the person lost the seed phrase or probably died. Whatever it is, it remains a mystery.
What can I do to prevent the loss of NFTs?
NFT holders should consider NFTs as a significant asset and take precautions to protect them and avoid losses.
One of the main reasons NFTs are lost is that the owner forgets the seed phrase and is permanently locked out of the wallet. So don’t forget the seed phase. However, please do not publish them. Another way to lose NFTs to hackers.