Emograms is a collection of 99 unique digital artworks (stored in digital format on IPFS), each represented by an NFT on the Ethereum blockchain.
The Emogram collection is auctioned by the artist himself through a 99 days auction period. During this period 3 Emograms are auctioned for a period of 3 days. A 3-day auction is called an auction cycle and there are 33 cycles in total.
Each Emogram NFT comes with one special Sculpture Redemption Token (SRT). There will be only 99 of these tokens, and no new tokens will be minted at any time. Owners of the specific emogram NFTs can burn 11 of these SRT tokens to redeem a physical sculpture of the specific Emogram NFT. Buyers would only be able to redeem the sculpture if they are the owner of the specific NFT. Users are able to buy just the SRT tokens, without the NFT, but the only use case for these tokens is the redemption of the sculptures.