Using homemade explosive devices, Granato blew up five of his works that he valued at $70,000 to create non-fungible token (NFT) artworks here.
“Two out of these five works are already sold, two are booked, and there’s only one left to sell. This means that I have to start working on a second piece and also think of how I am going to destroy them,” said Granato.
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Years ago, Granato surprised the world by introducing paint through his nostrils and expelling it through his tear ducts here. After having sold many of his pieces abroad and seeing the insecurity of the art market, he decided to explore crypto art. Bought and sold with cryptocurrencies such as bitcoin and ethereum, NFTs limit forgery by using blockchain technology.
The market for NFTs here has been surging, though skeptics have warned of a bubble here, and many people are confused as to why so much money is being spent on items that do not physically exist.
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