What happens if I don’t exchange my NFT for the physical artwork?

Successful applicants will all initially receive NFTs. 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.