π Constitution is a collection of NTFs that manifest the tension of investing. They pair the hope for unimaginable profits with the fear of losing everything.
I listed two copies of the constitution of Užupis for auction as NFT art on opensea.io for the price of 3,141,592,653,589.7932 Ethereum Coins (that’s 𝝅 trillion ETH and equals around 5 quadrillion USD). This sum of money does not exist. Currently, there are only about 120 million ETH and only 1.2 quadrillion USD in circulation.
In order to enable the purchase of these NFTs I listed them as reverse auctions. The price is rapidly declining from 𝝅 trillion ETH until someone buys the NFT. If nobody buys them, the price will decline for 𝝅 years. On 20 April 2024 the most expensive thing in the world will have lost all its value.