Artist Explodes Lamborghini Huracan to Make NFTs

An artist who is one of the earliest to set foot into the world of NFTs has just blown up a Lamborghini to both sell and protest the newest trend surrounding the world of art. Confused? So are we, but here's the story.

An NFT, short for non-fungible token, is sort of like a digital signature that identifies, in this case, a digital file. It's not quite a cryptocurrency, but it's not far off. And if that makes it sound like we don't really understand what they are, it's because no one's really sure what this all means.

Anyway, that's not why you're here. You're here because an artist blew up what was a perfectly good Lamborghini Huracan in order to create art and simultaneously protest it.

The artist, who uses the name Shl0ms (yes, that's a zero), blew up the Huracan earlier this month at an undisclosed desert location.

https://twitter.com/SHL0MS/status/1494446592463720448

A team of around 100 people helped blow up the car and then helped gather up 999 fragments of the vehicle that were left over after the explosion. Are those parts being sold off as art?

No, the art being sold are the videos that show each of the parts in all of their exploded glory. Each of the parts gets one video, then an NFT was created of each video. It's those NFTs, not the actual videos, that are being auctioned. A report in Fortune says that the NFTs will not be linked to the actual pieces of the destroyed car, and that each auction winner will get a rotating video. When the auction starts, Shl0ms will release the full explosion video for anyone to watch.

111 of the NFTs were given to the helpers, and the rest will be auctioned off starting this weekend. Bidding starts at 0.01 Ether, which is about $30 in government-approved currency, depending on when you check the rates. Digital currencies can fluctuate hard and fast.

How is this project a protest? The artist told Fortune that the project was a "more general criticism of greed and short-termism in crypto." They also said that a "majority" of the proceeds of the auction would go to fund public art installations.