Damien Hirst chooses NFTs, will burn all 1,000 of his physical ‘Currency’ art pieces

2 years ago

Damien Hirst’s NFT project, Currency, is made up of 10,000 unsocial creation pieces made up of colored spots connected an A4 expanse of paper. The artwork is signed, numbered, and includes a hologram watermark akin to a banknote to forestall forgery.

In an breathtaking spin, Hirst decided that owners would person the prime to either support the NFT oregon commercialized it successful for the carnal version; nary 1 would beryllium capable to support both. Hirst told the Financial Times,

“Yes, I’m forcing radical to marque a choice. But the purchaser ever has a choice. It’s not conscionable ‘Where’s the value?’ It’s besides ‘Where’s the joy?”

Hirst revealed successful a Tweet connected Wednesday evening that “the last numbers are 5,149 carnal and 4,851 NFTs,” meaning 4,851 Damien Hirst signed carnal creation pieces volition present beryllium burned and gone forever.

The Currency

The twelvemonth is implicit roar 💥 that was quick! and we person each had to decide: NFT oregon physical? The last numbers are: 5,149 physicals and 4,851 NFTs (meaning I volition person to pain 4,851 corresponding carnal Tenders). pic.twitter.com/xCUJ0gviZ0

— Damien Hirst (@hirst_official) July 27, 2022

Hirst had a determination to marque connected his postulation of 1,000 Currency pieces. He stated, “in the opening I had thought I would decidedly take each physical… Then I thought half- fractional and past I felt I had to support each my 1,000 arsenic NFTs.” He relayed the conflict helium faced moving into the NFT space.

Seemingly bullish connected the aboriginal of NFTs and integer artwork, helium continued,

“I judge successful creation and creation successful each its forms but successful the extremity I thought fuck it! this portion is truthful fucking breathtaking and the 1 I cognize slightest astir and I emotion this NFT assemblage it blows my mind.”

The creator commended the NFT community, comparing it to the “bollox” helium has seen successful the carnal creation satellite implicit the years.

I person been successful the carnal creation satellite a agelong clip and I expect radical to person agendas and shit, and I’ve seen a batch of bollox and I’m amazed astatine however this assemblage breeds enactment and seems to attraction astir crap truthful successful the extremity I decided I person to support each my 1000 currency arsenic NFTs…

— Damien Hirst (@hirst_official) July 27, 2022

Hirst, who has dominated the UK creation country since the 1990s with artwork selling for millions of dollars passim his vocation with exhibitions successful the world’s apical creation galleries, remarked that helium has “learnt truthful much” successful the twelvemonth helium has been progressive successful this NFT project.

I person already learnt truthful overmuch and it’s lone been a twelvemonth and I americium truthful arrogant to person created thing alive, thing huffy and provocative and been a rider (along with each the different participants successful the currency) and to assistance physique a fantastic assemblage connected @HENI.

— Damien Hirst (@hirst_official) July 27, 2022

The assemblage effect connected Twitter was overwhelmingly positive, with collectors asking for the burning to beryllium preserved arsenic an NFT and declaring it “the astir morganatic innovative integration of tradart and crypto.”

Hirst kept the doorway unfastened to aboriginal NFT projects noting; I feel the travel is conscionable beginning.”

The station Damien Hirst chooses NFTs, volition pain each 1,000 of his carnal ‘Currency’ creation pieces appeared archetypal connected CryptoSlate.

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