Artist Detonates Lamborghini & Turns Shrapnel Into NFTs In Protest Against Greed
By Ell Ko, 24 Feb 2022
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An artist by the name of Shl0ms has had an experience that, arguably, not many of us will experience in our lifetimes. At the beginning of the month, they took a used Lamborghini Huracan to a desert in the US and, well, blew it up.
Now, the fragments of the US$250,000 vehicle are being collected and sold as non-fungible tokens, because what else would you do with the remains of a Lamborghini that met its end in the expanse of the dry American desert?
A total of 999 tokens will be made available. 888 of these are rotating videos of pieces of the car, and 111 will be given to the artist’s team who helped with the detonation. These will also be used for another upcoming project, though it’s still not known what this entails.
The car was detonated by a federally licensed explosives engineer, as reported by The Block. This drastic event was said to be carried out in the name of protesting against “greed and short-termism” in the world of cryptocurrency, according to the artist.
Instead, Shl0msexplains to Fortune, they prefer things like DAOs—decentralized autonomous organizations—as these groups are focused on a common goal, which could be to do public good or create more art.
They also recognize that there is some controversy in using the exploding Lamborghini as a comment on greed, but the Shl0ms insists to the publication that a “majority” of the proceeds will go towards funding public art installations.
“I’ve chosen to leave it up to other people to value my art,” they state.
The artist also explains to The Block that “this technology is incredibly promising, there are so many good things we could do with it but there are so many terrible things being done with it.” Given the number of scams and fraud NFT collections of late, it’s easy to see what they mean.
The auction, as well as full footage of the car meeting its fiery end, can be found on Shl0m’s website as of February 25. Although the physical pieces of the car won’t be distributed to NFT owners, there’s the potential for them to be displayed as art somewhere else.