• Shl0ms: “A Lambo is a pretty potent symbol for people involved in crypto [
]”
• The 999 resulting NFTs ($CAR) were auctioned, most of the proceeds going to an art foundation.
• The artist explicitly did not work with Lamborghini for the project.
“The [Blockchain]Technology has so much potential, but terrible things are being done with it.” NFT artist Shl0ms expressed this opinion in an interview with the information platform The Block Crypto. He had previously attracted attention with a new art project – and a Lamborghini in the blown up to then turn the individual parts into NFTs.
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CAR: Criticism of the crypto industry
The project is called CAR: According to The Block Crypto, the artist’s team initially bought a Lamborghini Huracán for around 250,000 US dollars. “A Lambo is a pretty potent symbol for people who are into crypto because they want to make money off other people as quickly as possible,” Shl0ms explained in the interview.
He then let his Twitter community decide whether the vehicle should be blown up or disassembled – the choice fell on the demolition.
The project cost a total of around one million US dollars
After a two-week preparation phase, this was carried out with the help of an expert and a team of over 100 people on February 2, 2022 at a location in the US desert that was not specified to The Block Crypto. The cost of the project was around one million US dollars. In mid-February, the artist published an artistically edited video on the project on Twitter, which deals with the subject of art and destruction – including the well-known Banksy artwork that shredded itself in the middle of an auction.
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999 NFTs were created from the individual parts – the proceeds go to an art foundation
The vehicle was blown up in a controlled manner so that the individual parts did not get too small – because the artist has now created 999 NFTs ($CAR) from them, 888 of which were available for auction on February 25th. The wETH currency was used as a means of payment. According to Shl0ms on Twitter, most of the proceeds go to the Obelisk Art Foundation. The remaining tokens will go to the artist’s team and the project’s investor, according to The Block Crypto. The artist also explicitly emphasizes that the work of art is not a cynical project to fill one’s own pockets. In addition, I did not cooperate with Lamborghini, AUDI or Volkswagen for the campaign. This can also be seen on his website. This sets it apart from the automotive industry and the official NFT set of a digitally exploding Lamborghini released a few weeks ago.
In 2021, Shl0ms had already smashed a urinal based on a work of art by Marcel Duchamp and created 150 NFTs from the individual parts. According to media reports, these were then sold under the project name NFTN for a total of around 500,000 US dollars.
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