TinyFaces NFT is a collection of generative whimsical 3D characters living as NFTs on the blockchain. Each character is entirely unique and is generated by combining hundreds of attributes such as color palettes, skin tones, facial traits, outfits and accessories.

TinyFaces NFT - Uniquely generated 3D characters

Permanently removing an NFT from circulation, often used to reduce the supply and potentially increase the rarity of remaining items.


Burn


### What does burning a NFT mean?

Burning an NFT effectively removes it from existence. It cannot be retrieved, used, or traded anymore.
The NFT often is sent to a unusable address in this case.

### What does burning do?

1. **Scarcity**: Reduces the number of NFTs in a collection, making the remaining ones rarer.
2. **Value Increase**: Potentially increases the value of the remaining NFTs due to scarcity.
3. **Proof of Authenticity**: Shows that an NFT is unique or limited in number.

### Advantages of burning

1. **Increased Scarcity and Demand**: By reducing the supply, the remaining NFTs can become more valuable.
2. **Community Trust**: Shows commitment to maintaining the value of the collection.
3. **Flexibility in Management**: Allows creators to adjust the supply based on market conditions.

### Disadvantages of burning

1. **Irreversible**: Once burned, an NFT cannot be recovered.
2. **Potential Market Manipulation**: Can be used to artificially inflate prices.
3. **Loss of Art**: If the NFT represents digital art, burning it means the art is lost forever.

### Why Use Burns?

Using burns can strategically enhance the value and appeal of an NFT collection, making it more attractive to collectors and investors.
