ASH Price

ASH (ASH) is a cryptocurrency operating on the Ethereum blockchain. Created by the artist Murat Pak, the asset nests squarely inside the NFT and Ethereum ecosystem verticals.

The protocol enables the destruction of non-fungible tokens—often unwanted or speculative pieces—in exchange for a liquid ERC-20 token. This burn-to-mint mechanism directly addresses the illiquidity trapped in NFT collections, turning static digital artwork into a tradable, fungible asset. Instead of leaving NFTs to gather digital dust, holders can irreversibly incinerate them via the Burn.art smart contract and receive ASH in return.

The asset runs on the Ethereum mainnet, adhering to the ERC-20 technical standard. Its smart contract, deployed at address 0x64d91f12ec…, governs the entire burn process and token distribution. Ethereum’s mature validator set secures the token, but the protocol itself imposes no additional consensus layer.

Developers can interact with the token through any Ethereum-compatible wallet; the contract is EVM-compliant and auditable via Etherscan, Arkham, and Ethplorer. Token balances and burn events propagate with standard Ethereum block times, currently averaging 12 seconds, and gas costs fluctuate with network demand. The burn function accepts NFTs from conforming collections and executes an irreversible ledger update before minting.

The project traces its roots to the artist Murat Pak, who conceptualized a deflationary loop between NFTs and a native currency. ASH emerged from the experimental edge of the NFT boom, where Pak’s devotees sought a mechanism to extract value from forgotten or floor-priced collectibles. The burn.art interface went live without a formal launch date, but the token’s genesis mirrored the organic, often chaotic, cadence of the broader web3 art movement.

The overarching aim is not to create a payment rail but to enforce a closed-loop value recapture system. By permanently deleting an NFT from circulation, the protocol converts a singular, illiquid item into a divisible, exchangeable token, effectively re-liquefying dead capital. In a broader sense, it challenges the permanence assumptions of digital ownership and introduces a willful scarcity dynamic at the collection level.

Mechanically, the token enters supply only when a user interacts with Burn.art’s smart contract and specifically authorizes the annihilation of an NFT they own. The contract verifies the NFT’s on-chain provenance, calls the burn function, and mints a proportional amount of ASH directly to the user’s wallet. There is no mining, staking, or governance by default; the token’s entire existence is a direct output of the destruction of non-fungible assets.

A collector holding a bundle of low-value NFTs can route them through Burn.art to consolidate their worth into a single ASH balance, subsequently trading the tokens on one of the 18 active market pairs listed across several exchanges. Validators do not stake ASH, but the burning activity itself removes NFTs from the marketplace, potentially influencing floor price dynamics of affiliated collections. Active traders monitor burn rates to speculate on token supply inflation or collection scarcity.

ASH has a total supply of 3,535,411.24 tokens. Currently, 0 are in circulation. The token’s supply mechanism is entirely demand-driven; no block rewards or inflationary schedules exist. With a market capitalization of $0, ASH ranks #5,951 among all cryptocurrencies.