Burning Opepens?
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Sponsor: Mantle — Mass adoption of decentralized & token-governed technologies.
This week, Opepen holders were faced with an interesting question: to burn or not to burn?
The choice emerged with the release of Consensus Met, a new collection from Visualize Value's Jack Butcher and Jalil Wahdatehagh. The drop introduced an intriguing mechanic: burning an Opepen to mint a Consensus Met token.
The catch, though?
Burned Opepens can no longer be used in Opepen consensus votes. If you're hazy here, Opepen is like an open art protocol crossed with a digital museum. Holders vote on new Opepen art sets to be released, with the community now up to 55 unique releases completed out of 200 planned.
That said, this new burning process offers a form of scarcity that’s chosen, deliberate, and irreversible, contrasting sharply with the often artificial scarcity designed into many NFTs.
As more Opepens are burned, the landscape of the collection can and likely will shift, leading to new experiments and potentially altering the dynamics of Opepen art votes.
The act of burning becomes a statement, then, a choice that reflects the holder's belief in the future value of Consensus Met or a deeper philosophical stance on the nature of participating in the wider Opepen project itself.
My take? It's precisely these kinds of iterative community experiments that make me love the many possibilities around NFTs—and they're why I know the impact of NFTs is, in fact, just getting started.
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