‘Circularity’ - NFTs that burn & re-mint themselves ⭕🔥
Experimenting with ownership and minting mechanics, ‘Circularity’ is a collection of 12 unique artworks – each related to a different month of the year. 📅
Investigating the human-algorithm collaboration by using AI and smart contracts as a medium 🎨
Each NFT “lives” for only 1 month every year. It is minted on the 1st day and burned on the last day of the month it is linked to.
However, on the 1st day of the same month next year, it re-appears (re-mints itself) into the collector’s wallet. ♻ Subsequently, the NFT can be traded/transferred only during one month of the year.
Once burned the next month NFT gets re-minted, so there is always a market supply of only 1 unique NFT✨
Contrasting the culture of rapid NFT trading, these artworks give a rise to the idea of “Slow NFTs.”
The long-term nature of ‘Circularity’ artworks also showcases the paradigm shift created by smart contracts. Where immutability and composability on top of decentralized networks enable a program to last for 100+ years, with no maintenance by its creator.
Exploring concepts such as:
🎇 Temporality in our physical & digital world
🔗 Smart contract immutability, resilience, and long-lasting infrastructure
⛓ What do "autonomous" NFTs look like?
🔁 Cyclical nature of life: Creation/Destruction, Seasons, Life/Death/Re-birth, Past/Present/Future…
🤖 What is the role of creativity in a world of infinite AI generated content and the importance of human narrative, expertise, and vision
⏳ Turning NFTs into a time-based on-chain public performance artwork
-Collect 'Circularity' here <
Or watch the video explanation bellow:
The second part of the series:
(>Link to 'CBC' Marketplace<)
‘Circularity’ is an infinite loop as long the burn is triggered - this triggering is called the ‘Burn Ceremony’. Last 24h of every month, anyone is invited to contribute by triggering the burn, there is also an ETH bounty to incentivize bots.
Once the burn transaction has been triggered, a new NFT, for that month, is minted into a sub-series called: ‘Circularity Burn Ceremony’ (or ‘CBC’ for short)
This means ‘Circularity’ is made up of two connected collections:
1st is the ‘Circularity’ collection - with 12 main NFTs
2nd is the ‘Burn Ceremony’ - this collection has no supply limit, it slowly increases whenever the monthly burn is triggered
Contrasting scarcity and abundance (Rare vs Meme)
Each ‘Burn Ceremony’ NFT is a 24sec video of that month’s artwork slowly fading for 12sec and re-emerging for 12sec. This could also be seen as a celebration of the passing of time or a ‘restoration ceremony’ that marks a new beginning...✨