The NFT art market is exploding right now. And in the case of a digital artist, literally.
Shl0ms has blown up a Lamborghini Huracan with the help of a pyrotechnician and turned it into a 999-piece NXT collection. All in the name of art, or, in his case, protest.
The Good, the Bad and the Bad of NFTs and Digital Art
“NFT technology is incredibly promising, we can do a lot of cool things with it but there are a lot of terrible things to be done with it,” explained Shl0ms the block.
“Lambo is a very powerful representation of people who are simply involved with crypto because it is a way for them to make money from other people as quickly as possible,” he said.
Shl0ms only paid $250,000 for Lamborghini, a brand it hates. “Lambo is a very powerful representation of people who only engage with crypto because it is a way for them to make money from other people as quickly as possible,” he said.
It took a team of technicians, including a federally-licensed explosives engineer, two weeks to set up the stunt.
The resulting pieces of the supercar were then shot in 4k definition and the clips were molded as NFTs.
The collection goes up for auction on Friday (February 25). Out of the total number of NFTs, 888 will be sold and the remaining 111 will be reserved for the artist, their team and the initial investor.
In a press release, the pseudonymous artist says that blowing up the car reflects the difference between the physical and digital worlds. “The motif of creation is as common as destruction in the world of traditional art. But not as common in the world of crypto art.”
Do you want your Lambo to be destroyed randomly or torn apart systematically?
Shl0ms originally submitted the idea to Twitter last September, asking its 24,000 followers if they would like “Lambo”. chaotically destroyed or systematically separated,
Of course, Shl0ms isn’t the first artist to “recycle” destroyed art.
In March of last year, an original Banksy print was burned and live-streamed, and then sold as NFT for $380,000.
idiots There was criticism of a pseudonymous British street artist depicting a Christie’s auctioneer.
Next to the auctioneer is a framed painting with the phrase: “I can’t believe you actually bought this.”
According to a spokesperson, the reason for burning the work was to transfer the value of physical work to NFTs. But if the value of the work is in the physical piece, its destruction and replacement by a smart contract token will transfer the value to the NFT.