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Original artwork crafted by the pseudonymous England-based street artist and political activist Banksy has been burned in order to turn the art into a non-fungible token (NFT).

The burning was a symbolic message of turning a rare piece of physical artwork into a non-fungible digital collector’s item.

The group of collectors and investors announced that on March 2, 2021, the group would be burning the artwork created by the iconic street artist Banksy.

The Burnt Banksy team decided they would be destroying a piece called “Morons” which was screen printed in 2006.

The “Morons” piece minted by Banksy in 2006 was also certified by Banksy’s authentication team Pest Control.

The Banksy “Morons” burning comes at a time where non-fungible token assets have been very popular in 2020 and into 2021.

What do you think about the team that burned the Banksy “Morons” screen print.