Digital artist Neitherconfirm has replaced the artwork tied to non-fungible tokens (NFT) with carpets. The author previously sold them on the OpenSea platform.
I just pulled the rug at my NFT collection on @opensea . Nobody got hurt.
It is pretty easy to change the jpg, even if it does not belong to me or it is on auction. I am the artist, my decision, right?
A thread from somebody making his living with art irl about the value of NFTs. pic.twitter.com/LNAZqPpDMZ
– neitherconfirm (@neitherconfirm) March 9, 2021
The carpets are a metaphorical reference to the exit scam. According to the artist’s idea, when a little-known token suddenly loses liquidity, it pulls the carpet out from under the feet of investors.
“All discussions about the value of NFT are meaningless until the token becomes inseparable from the work of art itself,” said Neitherconfirm.
According to the artist, he easily changed images that he doesn’t even own.
In March, Twitter creator Jack Dorsey put up his first NFT tweet for sale. At the time of writing, the maximum bid has reached $ 2.5 million. Dorsey has pledged to donate the proceeds to charity.
An earlier NFT copy of Banksy’s burnt painting, Morons, went under the hammer for 228.69 ETH. Former DC Comics artist Jose Delbo made $ 1.85 million selling non-fungible tokens with Wonder Woman.
Recall that the monthly turnover of NFT marketplaces approached $ 500 million .