Canadian brand Bocci is selling the design method behind an unreleased candle prototype as an NFT, as design companies look to utilise blockchain technology to monetise their digital assets.
The virtual do-it-yourself kit, which includes instructions for how to make the 64 candle alongside a video of its manufacturing process, is being sold as a limited edition of 64 via Rarible, a marketplace for digital collectibles.
Each kit is linked to a non-fungible token (NFT), which acts as a blockchain-based certificate of authenticity and ownership.
Bocci is selling DIY instructions for the 64 candle as an NFT
The technology, which has exploded in popularity in recent months, has given designers and artists whose work exists digitally ? including 3D rendering artists such as Andrés Reisinger and Alexis Christodoulou ? the ability to sell their pieces directly to customers. Now, established design brands such as Bocci are starting to use NFTs to commodify the digital assets that exist around real products, such as videos, plans, renders and instructions, for which there was previously no market.
Candles can be made "at one's own risk"
Bocci's 64 candle dates back to 2018 and is formed of fragile, filigree tendrils that are created by allowing molten wax to cool around a wick in a centrifugal chamber filled with shards of ice.
"At that time we were confounded by the problem of shipping, or if I'm honest even simply moving the object," Bocci co-founder Omer Arb...