Banksy’s NFT Cosmic Wire

Banksy’s NFT Cosmic Wire

banksy nft cosmic wire

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Cosmic Wire’s recently announced partnership with Rainmaker will support leading climate change nonprofits

Due to torrential web traffic overload and the crashing of their website and auction servers, Cosmic Wire has rescheduled their auction of the only remaining remnants of the original Banksy Spy Booth wall mural as a hybrid NFT for Friday, October 8. from 12:00 p.m. m. PST to 5:00 p.m. m. PST .

“The accident was equal parts exciting and harrowing to experience in real time,” says Cosmic Wire CEO Jerad Finck. “We knew there was a lot of interest around the piece, we felt the energy, but we had no idea.” it would be like this. Our server’s CPU hit 98% within two minutes of the auction starting, causing the site to crash, followed by intermittent flashes of life for the next few hours with hundreds of millions of hits constantly. So, we had to cancel it because we didn’t want the legitimate bidders to miss out on this opportunity. We are back on a designated server and awaiting the auction.”

Throughout the week, Finck will join “The Queen of the Clubhouse” and digital marketing guru Swan Sit in various rooms of the Clubhouse to discuss the auction.

Banksy’s famous Spy Booth mural appeared overnight on a wall in Cheltenham, England, in 2014. The street art featured three spies with listening devices on either side of a real phone booth and mysteriously disappeared two years later in 2016. Two of the three eavesdropping spies are believed to be representations of Edward Snowden and Julian Assange.

In 2016, the global art platform Artnet published in an article by Naomi Rea: “Spy Booth was a manifestly political work, appearing a stone’s throw from the British government’s communications headquarters a year after the former NSA contractor and notorious whistleblower Edward Snowden to expose British intelligence and security organization to extract phone and online data.” Artnet also noted that Cheltenham City Council had “granted retrospective planning permission for the artwork and upgraded the building to listed status”.

Long suspected of being destroyed, the heads of the three Spy Booth spies have been found and are included in Cosmic Wire’s one and only auction. The winning bidder will receive nine original brick pieces of the wall depicting the heads of the three spies, along with provenance of ownership, authenticity, and chain of custody documents, as well as a new original one-to-one NFT made from an archive of photogrammetry created from the remaining bricks.

Cosmic Wire has announced a partnership with Raiinmaker on the release of six additional Spy Booth-inspired NFTs in support of climate change charities. 100% of the NFT royalty proceeds from this partnership will be donated to Laudato Tree, American Forests, and the Coalition for Rainforest Nations, whose mission is to reduce emissions from deforestation and degradation (REDD+) to halt deforestation.

“Right now, it is critical that we all step up and do our part to help turn the tide at this important time with climate change,” said Raiinmaker founder J.D. Seraphine. “We are honored to support all the important work of the Coalition of Rainforest Nations, Laudato Tree and American Forests.”

Finck says: “Banksy is one of the most infamous and provocative artists of our generation. The fact that Cosmic Wire is involved in all of this is deeply sobering. We wanted to pay homage to the original Spy Booth, so we created a new piece of digital art based on what’s left of the wall. We are genuinely excited to play a small part in time, encapsulating this historic moment in human culture and giving it back to the people.”

About The Cosmic Wire:

Cosmic Wire is a full-service entertainment company that combines a marketplace, a creative space, and a multi-platform media arena to connect artists with their fan base. “Best-in-class intellectual property, Kick-Ass and the iconic artists who create it.”

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