Quick Summary:
- Solana-based NFT marketplace teams up with the renowned street artist Banksy and LCD labs to create “Radar Rats” NFTs. This trio is working together to recreate a collection of 1000 NFTs inspired by Radar Rats, an original artwork of Banksy which appeared on the streets of London and made it to Canvas.
Related: Sotheby’s Will Accept ETH Bids at Banksy Auction
Banksy & LCD labs
The internationally renowned graffiti artist Banksy is introducing a new line of Radar Rats blockchain-enabled NFTs. Collaboration between Banksy, Magic Eden, and the global art group Lcd Lab is a thrilling task. Significantly, the 1,000 NFTs have special functionality that allows owners to burn the NFT to create a physical piece of Banksy art. On September 17th, the NFTs will be available only on the Solana-based NFT marketplace, Magic Eden.
Holders will Get a Piece of Art
A unique collection of 1,000 NFTs called Radar Rats is available for lighting at any moment. By burning your NFTs, you’ll receive a certified tangible piece of Banksy’s Walled Off Hotel box set for free.
A little white box frame is used to display hand-painted prints created by Banksy’s crew and included in the collection of material art. These were initially offered for sale to guests of the Banksy Walled Off Hotel in Bethlehem, Palestine, between 2017 and 2019.
CEO of Magic Eden, Jack Lu, expressed his happiness by saying:
“We are always looking to bring interesting and innovative NFT collections to Magic Eden. By introducing the legendary art of Banksy into the NFT world and piloting a unique burn mechanism in which an NFT can be redeemed for a physical art piece, we are reaching a community of passionate NFT collectors who are expressing greater demand for fine art.”
The collection of Radar Rats is expected to release on September 17, 2022, on the Magic Eden.
How to Join Whitelist for the Collection?
You must sign up for the whitelist to enjoy Banksy’s exclusive NFT art drop. You can accomplish this by either having at least five Stone Heads NFTs or by joining LCD Lab on Twitter.
Conclusion:
Remember that you have the chance to acquire 1/1 of tangible art in addition to each of these Solana Banksy NFTs. Damien Hirst previously produced a very successful NFT project that was comparable to this one. The Banksy Walled Off Hotel will get 10% of the proceeds to support the planning of an urban art event in Bethlehem.
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author: mnmansha
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
