MAD Auction Giveaway Season 2
MAD burn auction season 2 is around the corner, a special giveaway!
After a massively successful first season, the first ever auction system based on NFT burns is continuing with second set of 1:1s.
On D-Day, you won't bid with ETH but with MAD NFTs you commit to burn.
🖼️6 MAD 1:1 pieces put to burn auctions
🗓️Opening on MAY 4th - 2pm UTC
📍On Streetlab website
On auction day, one lucky winner will be raffled & get 5 MADs 💣
Reminder about the MAD project:
memes & deth (MAD) about crypto street-art
Street-Art & Crypto-Art art connected.
After all, street-artists are the first ones who started decades ago to seize the memes of production. memes & deth about crypto street-art, aka the MAD collection, is a collective tribute to Street-Art entering the Web3 space.
The project is built around a very new artistic experimentation.
💡Introducing the first-ever auction mechanism based on NFT burns making the collection evolve over time with new 1:1 pieces from new artists entering the collection while shortening the supply to concentrate its value. (details below 👇)
The collection is led by the glitch virtuoso niftyjutsu, initiating a CC0 movement on the topic of the strong connection between crypto art and street art.
Already more than 20 crypto-artists have joined him, crafting 1:1 in their own style that will be added to the collection overtime using the auction/burn system.
The initial 4269 Mad souls, seized from the flames of the bear market, are featuring the best references to crypto culture, memes and street-art in a gritty, high contrast, deth glitch style.
💡👀The first ever auction mechanism based on NFT burns
Shortly after the initial MAD Freemint, collectors will be presented with new 1:1 pieces. They will be minted within the same MAD collection and put to on-chain auctions.
Collectors will bid for these pieces, not with an amount of ETH, but with an amount of MAD NFTs they are committing to burn in order to get a new 1of1.
The winning bid will burn and the collector will receive the 1:1 in exchange.
In order to reward the entering artists, a fraction of the winning bid will be saved from the flames and transferred to the artist's wallet.
Moreover the royalties will be managed at token level so that each artist is getting royalties for the sales of his/her 1:1 on the secondary market.
MAD Auction Giveaway Season 2 has picked winners. Login to see if you're on the list!
MAD burn auction season 2 is around the corner, a special giveaway!
After a massively successful first season, the first ever auction system based on NFT burns is continuing with second set of 1:1s.
On D-Day, you won't bid with ETH but with MAD NFTs you commit to burn.
🖼️6 MAD 1:1 pieces put to burn auctions
🗓️Opening on MAY 4th - 2pm UTC
📍On Streetlab website
On auction day, one lucky winner will be raffled & get 5 MADs 💣
Reminder about the MAD project:
memes & deth (MAD) about crypto street-art
Street-Art & Crypto-Art art connected.
After all, street-artists are the first ones who started decades ago to seize the memes of production. memes & deth about crypto street-art, aka the MAD collection, is a collective tribute to Street-Art entering the Web3 space.
The project is built around a very new artistic experimentation.
💡Introducing the first-ever auction mechanism based on NFT burns making the collection evolve over time with new 1:1 pieces from new artists entering the collection while shortening the supply to concentrate its value. (details below 👇)
The collection is led by the glitch virtuoso niftyjutsu, initiating a CC0 movement on the topic of the strong connection between crypto art and street art.
Already more than 20 crypto-artists have joined him, crafting 1:1 in their own style that will be added to the collection overtime using the auction/burn system.
The initial 4269 Mad souls, seized from the flames of the bear market, are featuring the best references to crypto culture, memes and street-art in a gritty, high contrast, deth glitch style.
💡👀The first ever auction mechanism based on NFT burns
Shortly after the initial MAD Freemint, collectors will be presented with new 1:1 pieces. They will be minted within the same MAD collection and put to on-chain auctions.
Collectors will bid for these pieces, not with an amount of ETH, but with an amount of MAD NFTs they are committing to burn in order to get a new 1of1.
The winning bid will burn and the collector will receive the 1:1 in exchange.
In order to reward the entering artists, a fraction of the winning bid will be saved from the flames and transferred to the artist's wallet.
Moreover the royalties will be managed at token level so that each artist is getting royalties for the sales of his/her 1:1 on the secondary market.
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