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A Banksy just fetched $382,000 despite going up in smoke, while a cat cartoon bagged twice that. And it’s all thanks to NFTs, an offshoot of crypto currency bitcoin. But is this a bubble about to burst?
Banksy art burned, destroyed and sold as token in 'money-making stunt' By Cristina Criddle image captionThe artwork was burnt in a video livestreamed from a park in New York An original Banksy, which was burnt and destroyed in a livestreamed video, has been sold via a digital token representing the work for $380,000 (£274,000). The print Morons is itself a critique of the art market, depicting an auctioneer at Christies. A video shared by the BurntBanksy account shows a masked man setting fire to the art with a lighter. One art critic has dismissed the event as a "stunt" to make money.
“Morons,” a now tokenized artwork by the legendary street artist Banksy, has
MOSCOW (Sputnik) - A blockchain company bought an authenticated $95,000 piece of Banksy artwork at an auction and livestreamed how they burned it to create the world's...