{"id":38485,"date":"2021-03-08T11:03:20","date_gmt":"2021-03-08T09:03:20","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38485"},"modified":"2025-08-30T04:55:56","modified_gmt":"2025-08-30T01:55:56","slug":"nft-copy-of-burned-banksy-painting-sells-for-228-eth","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/nft-copy-of-burned-banksy-painting-sells-for-228-eth\/","title":{"rendered":"NFT copy of burned Banksy painting sells for 228 ETH"},"content":{"rendered":"<p>The non-fungible token (NFT) of a Banksy painting copy titled \\&#8221;Morons\\&#8221; sold at auction for 228.69 ETH (about $400,000 at the time of writing).<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p dir=\\\"ltr\\\" lang=\\\"en\\\">Making history \ud83d\udd25<a href=\\\"https:\/\/t.co\/1k8EXyUOEZ\\\">https:\/\/t.co\/1k8EXyUOEZ<\/a><\/p>\n<p>\u2014 Burnt Banksy <a href=\\\"https:\/\/twitter.com\/BurntBanksy\/status\/1368639736722685953?ref_src=twsrc%5Etfw\\\">March 7, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><br \/>\nAhead of the auction on the OpenSea platform, unknown <a href=\"https:\/\/u1f987.com\/en\/news\/unknown-individuals-immortalise-banksys-work-in-nft-after-its-destruction\">burned<\/a> the original painting in a live broadcast. They stated they were prepared to destroy the certificate of authenticity if the buyer of the token did not request it.<\/p>\n<p>Banksy created \\&#8221;Morons\\&#8221; (translated as \\&#8221;Idiots\\&#8221;) in 2006. On the stencil print, an auction for selling artworks is depicted. On one of the canvases, it reads: \\&#8221;I can&#8217;t believe you morons are actually buying this shit.\\&#8221;<\/p>\n<div id=\\\"attachment_127226\\\" style=\\\"width: 1034px\\\" class=\\\"wp-caption aligncenter\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" aria-describedby=\\\"caption-attachment-127226\\\" class=\\\"size-full wp-image-127226\\\" src=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/01-7.png\\\" alt=\\\"NFT copy of burned Banksy painting sold for 228 ETH\\\" width=\\\"1024\\\" height=\\\"761\\\" srcset=\\\"https:\/\/u1f987.com\/wp-content\/uploads\/01-7.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/01-7-300x223.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/01-7-768x571.png 768w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><\/p>\n<p id=\\\"caption-attachment-127226\\\" class=\\\"wp-caption-text\\'>\\&#8221;Morons\\&#8221; by Banksy. Data: <a href=\\\"https:\/\/twitter.com\/BurntBanksy\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">Burnt Banksy<\/a>.<\/p>\n<\/div>\n<p>In early February, actress Lindsay Lohan sold a Lightning <a href=\"https:\/\/u1f987.com\/en\/news\/lindsay-lohan-sells-bitcoin-nft-at-auction-price-tops-70000\">for $70,000<\/a> NFT. The popular <a href=\"https:\/\/u1f987.com\/en\/news\/nyan-cat-meme-animation-sells-for-300-eth-at-foundation-auction\">meme GIF of Nyan Cat<\/a> went under the hammer for 300 ETH. In early March, Canadian singer Grimes <a href=\"https:\/\/u1f987.com\/en\/news\/grimes-sells-nft-collection-of-unreleased-music-for-6-million\">earned<\/a> about $6 million from her NFT collection.<\/p>\n<p>Litecoin founder Charlie Lee <a href=\"https:\/\/u1f987.com\/en\/news\/litecoin-creator-likens-nft-craze-to-the-2017-ico-boom\">compared<\/a> the popularity of non-fungible tokens with the ICO boom of 2017 and the altcoins craze of 2013. Earlier he <a href=\"https:\/\/u1f987.com\/en\/news\/litecoin-creator-predicts-nft-crash\">predicted the collapse of NFTs<\/a> due to \\&#8221;the zero cost of creating them\\&#8221;.<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"RL5yB8Y6hW\\\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/nfts-as-a-new-class-of-virtual-assets-a-first-look-part-one\">NFT as a New Class of Virtual Assets: A First Look (Part One)<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u00abNFT \u043a\u0430\u043a \u043d\u043e\u0432\u044b\u0439 \u043a\u043b\u0430\u0441\u0441 \u0432\u0438\u0440\u0442\u0443\u0430\u043b\u044c\u043d\u044b\u0445 \u0430\u043a\u0442\u0438\u0432\u043e\u0432: \u043f\u0435\u0440\u0432\u044b\u0439 \u0432\u0437\u0433\u043b\u044f\u0434 (\u0447\u0430\u0441\u0442\u044c \u043f\u0435\u0440\u0432\u0430\u044f)\u00bb \u2014 ForkLog\\\" src=\\\"https:\/\/u1f987.com\/exclusive\/nft-kak-novyj-klass-virtualnyh-aktivov-pervyj-vzglyad-chast-pervaya\/embed#?secret=k29iSbw5W5#?secret=RL5yB8Y6hW\\\" data-secret=\\\"RL5yB8Y6hW\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>In March, the Twitter founder Jack Dorsey <a href=\"https:\/\/u1f987.com\/en\/news\/jack-dorsey-puts-his-first-tweet-up-for-sale-justin-sun-offers-2-million\">listed for sale<\/a> his first tweet as an NFT. Bids rose to $2 million within 24 hours.<\/p>\n<p>Subscribe to ForkLog news on Telegram: <a href=\\\"https:\/\/t.me\/forklogfeed\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog Feed<\/a> \u2014 the full news feed, <a href=\\\"https:\/\/telegram.me\/forklog\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">ForkLog<\/a> \u2014 the most important news and polls.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The non-fungible token (NFT) of a Banksy painting copy titled &#8216;Morons&#8217; sold at auction for 228.69 ETH (about $400,000 at the time of writing).<\/p>\n","protected":false},"author":1,"featured_media":38486,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[526,1331,1213],"class_list":["post-38485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-auction","tag-culture-and-art","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=38485"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38485\/revisions"}],"predecessor-version":[{"id":38487,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38485\/revisions\/38487"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38486"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}