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About The Project

Digital EUR is part of Do Not Accumulate by Martin Lukas Ostachowski, a net.art series imagining a future where cash has disappeared, and Central Bank Digital Currencies govern everyday life.

Inscribed on Bitcoin, 21 editions of the Digital Euro are programmed to lose one unit of value every month over a 21-month cycle, as a deliberate reference to Bitcoin's 21 million coin supply.

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What Makes It Unique

This isn't simply an image of a CBDC. It behaves like one.

The note slowly expires while its interface encourages spending.

An all-seeing eye replaces the EU flag, clouds dissolve alongside the note's value, and 55 rotating system messages reframe surveillance, spending limits, and monetary control as convenience, security and progress.

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How The Drop Works

• Only 21 editions exist.

• Each follows the same programmed lifecycle: over 21 months, the artwork updates automatically as its value decreases and its interface changes to reflect the currency's ongoing decay.

• The work is built entirely on Bitcoin as a recursive ordinal, allowing it to evolve while remaining fully on-chain.

Collect Digital EUR by Martin Lukas Ostachowski here >

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Why Collectors Should Care

The Digital Euro is expected by 2029, with the EU committing €1.3bn to its development. Digital EUR

asks collectors to imagine two different futures for money. One is controlled by institutions, where value can be programmed, monitored, or even made to expire. The other

is governed by code, where the rules are fixed and cannot simply be changed. By inscribing an expiring Digital Euro onto Bitcoin, the artwork transforms that contrast into its central idea.

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Personal Recommendation

"MLO is a key voice in blockchain-based art, both as an artist and as a crypto art historian. Throughout his practice, he explores how blockchain technology can be used to question systems of value and challenge social and political structures. Digital EUR continues that investigation, turning Bitcoin into both the medium and the argument."

– Eleonora Brizi

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5 Things To Keep in Mind

• An imagined CBDC designed to lose value over time.
• 21 editions mirroring Bitcoin's 21 million coin supply.
• Bitcoin becomes both the medium and the conceptual counterpoint.
• Programmable money contrasted with immutable monetary rules.
• A compelling exploration of blockchain as a critical artistic medium.

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