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DeFiHorseWise: Destroy a $95,000 artwork to create an NFT
In the blockchain, the word “Burning” means to destroy an NFT.
A group of tech&art enthusiasts has paid $95,000 for a Banksy artwork. Then, they set the piece on fire, livestream the destruction, and turn it into an NFT.
The goal is to inspire people to “explore a new medium of artistic expression.”. By removing the physical piece from existence, they bring an NFT, that exists permanently, to life.
NFT is gradually becoming a means to help people spread the messages widely. Along with the development of technology, NFTs are constantly being innovated and make life richer.