An exciting and innovative new NFT collaboration between electronic music producer 3LAU and world-renowned artist Slime Sunday, called ‘Operation Melt Faces,’ was released yesterday. The project is an NFT experiment where fans can melt six NFT pieces for a limited edition SS X 3LAU NFT or melt one piece for a loyalty NFT and a shot at winning a 1 out of 1.
Read the full instructions on how to melt either one or six Faces here. SS X 3LAU is a collaborative project between 3LAU and Slime Sunday. The project explores the intersection of digital art, dance music, and distributed ledger tech in the audio-visual space.
36 HOURS LEFT TO MELT FACES
MELT 6 for a limited @SSX3LAU NFT
MELT 1 for a chance to win a 1/1
MELT 1 guarantees you a loyalty NFT!
— ▽ (@3LAU) April 11, 2021
By melting (burning) an NFT, collectors can claim a new artwork through sending editions of an already existing artwork into blockchain void-space (to a null ETH address / no one has a private key). The result is that the number of original NFTs for resale are reduced and deleted from the supply pool.
This is a new, experimental way of creating value for collectors; artists create and mint new works but never sell them in a primary market. Artists also have the option of using this method to reward collectors who have been holding older works and who want to contribute to reducing the total supply of editions in existence.
Operation Melt Faces started on April 11th at 12:00 AM PT and ends on April 13th at 12:00 AM PT.
Image credit: via Operation Melt Faces
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Ivelina is an NFT and Blockchain lover. She has a knack for putting complex concepts into simple words.