A Lamborghini that was blown to bits after an explosion has become a work of art, sold as non-fungible tokens (NFT), Phonandroid reported on Monday. This initiative is the work of an artist by the name of Shl0ms. In order to denounce the excesses of the cryptocurrency sector, he decided to blow up a Lamborghini in a desert located in the United States. He published the video on social networks.
The Lamborghini is “a pretty powerful representation of people who are getting into crypto. It’s a way for them to make money off other people, as quickly as possible,” the artist says. The luxury model, which has been reduced to ashes, is estimated at 220,000 euros. For this event, the artist was surrounded by a hundred people and a firework engineer.
𝟿𝟿𝟿 𝚎𝚡𝚚𝚞𝚒𝚜𝚒𝚝𝚎𝚕𝚢 𝚏𝚒𝚕𝚖𝚎𝚍 𝚏𝚛𝚊𝚐𝚖𝚎𝚗𝚝𝚜
𝚘𝚏 𝚊 𝚍𝚎𝚝𝚘𝚗𝚊𝚝𝚎𝚍 𝙻𝚊𝚖𝚋𝚘𝚛𝚐𝚑𝚒𝚗𝚒 𝙷𝚞𝚛𝚊𝚌𝚊𝚗
— 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 𒐪𒐪𒐪 (@SHL0MS) February 17, 2022
The car did explode into over a thousand pieces. But the remains of the vehicle were not thrown away. On the contrary. Thanks to blockchain technology, the artist decided to convert them… into NFTs. Because Shl0ms says he is not strongly opposed to non-fungible tokens. “This technology is incredibly promising, but there are a lot of terrible things being done with it,” he explains.
In total, Shl0ms’ collection includes 999 NFTs. No less than 888 of them were to be put up for sale on Monday. But the sale of these certified digital assets was finally postponed due to the conflict between Russia and Ukraine, as the sale website states. The artist is expected to use the funds raised to create a DAO (a decentralized autonomous organization) that allows a community of internet users to work towards a specific goal.