A painting by street artist Banksy "Morons (White)" was purchased by Injective Protocol from the New York Gallery for $ 95,000. Then the agency Pest Control, created by the artist himself, issued a certificate confirming the authenticity of the work.
After that, the drawing burned and transformed into a unique digital image. The process was shown live.
It was the first time a physical work of art had been transformed into a virtual asset.
— Burnt Banksy (@BurntBanksy) March 3, 2021