What is teleburn in burning bayc 1626?

Burning BAYC #1626 wasn’t the first time that Ordinal’s Teleburn function was used. Rodarmor first tested the new feature out on an ENS domain he owned, rodarmor.eth. Then the pair oversaw Williams as he burned the ape. The term Teleburn was coined by Rodarmor, as a combination of the words teleport and burn, said Hamilton.

What is bayc (bored ape)?

BAYC is a collection of digital images of disinterested monkeys inspired by the OG NFT craze from 2017, CryptoPunks. At the time of writing, they consistently rank among the top NFTs on OpenSea. No two Bored Apes are alike, making the 10,000 NFTs particularly desirable as cool avatars for social media handles.

Did Jason Williams burn bayc 1626?

Jason Williams claimed to have burned BAYC #1626 over the weekend, preventing it from being sold ever again, at least on Ethereum’s network. “Essentially throwing a Lamborghini into a trash compactor–It's kind of fun,” Williams told Decrypt.

Is bayc 1626 an illegitimate ape?

The owner of BAYC #1626 burned the NFT, to symbolically shift its existence to Bitcoin. But Yuga Labs says it’s an illegitimate Ape. BAYC #1626. Image: OpenSea A valuable digital collectible was permanently removed from circulation over the weekend, as its owner aimed to symbolically shift the asset’s underlying blockchain from Ethereum to Bitcoin.