All successful applicants will initially receive a randomly allocated NFT.
Around two months after the NFTs are first distributed to successful applicants, collectors will get the opportunity to exchange the NFT for the physical artwork. You have until 3pm British Summer Time, 27th July 2022 to decide to keep either the digital NFT or the physical artwork.
If you have not exchanged your NFT in that period, then the physical artwork will be destroyed. Similarly, if you have exchanged it in that period, the NFT will have been burned.
There will be an exhibition of the artworks before they are ultimately destroyed.
We will contact you with more information at a later date about how and where to redeem your NFTs for the physical works. Any applicable taxes, import duties, shipping and insurance costs will need to be paid by you upon redemption. We may also require you to verify your identity.