British street artist destroys own mural to create crypto-artwork

This British street artist is destroying his own mural -->

Why?

He’s creating crypto-artwork

by converting the piece into an NFT (non-fungible token)

(SOUNDBITE) (English) STREET ARTIST, NATHAN MURDOCH, SAYING: “The way I'm going into this space, I essentially create art in the real world, but then I'm going to convert this to be used in the digital space. So people who wouldn't normally be able to collect some of my artwork, it's opening to a much larger and worldwide possible audience.”

“What we're going to do with it is we're going to do a singular print, which will go to like an eBay auction, and then after that we'll do a singular NFT print, which will also go to auction - which is essentially crypto-art. The only artwork that will exist of the final image, essentially, is the one print and the one digital copy. All other evidence of it will be destroyed and a timelapse will be the only active way you can kind of see how the artwork took place.”