A Frida Kahlo Drawing Was Burned To Make An NFT
Are you fucking nuts bro?
My head is spinning. Conflicting reports have come in that a Mexican entrepreneur, aka a tech bro, took a Frida Kahlo drawing, burned it after taking photos of it, and made an NFT out of it. WHAT. THE. ACTUAL. FUCK. BRO!
Vice reported that it might not be the original that was destroyed in a fiery ceremony in Miami. Martin Mobarak allegedly paid $10 million for Kahlo’s Fantasmones Siniestros drawing. Then he took photos of it, turned it into a non-fungible token (NFT) on the Ethereum blockchain, and burned the drawing.
A few years ago, when Bitcoin was trading at around $400, I bought 5 coins. I spent a little over $2,000 with fees to “invest” in it. I even used a Raspberry Pi to mine Bitcoins in the early years. I thought it was a fun little project, and I thought Bitcoin could become a true e-currency.