A painting of multicolored dots by artist Damien Hirst burns at the Newport Street Gallery in London on Tuesday as part of his project “The Currency.” For it, he released a collection of 10,000 NFTs, each one corresponding to a physical artwork. Buyers could either keep the non-fungible token, in which case the painting would be burned, or keep the painting, in which case they would lose the NFT.
Isabel Infantes/AFP via Getty Images
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Isabel Infantes/AFP via Getty Images
A painting of multicolored dots by artist Damien Hirst burns at the Newport Street Gallery in London on Tuesday as part of his project “The Currency.” For it, he released a collection of 10,000 NFTs, each one corresponding to a physical artwork. Buyers could either keep the non-fungible token, in which case the painting would be burned, or keep the painting, in which case they would lose the NFT.
Isabel Infantes/AFP via Getty Images
British artist Damien Hirst is among the many art-world giants who have set fire to their work, having burned 1,000 of his artworks Tuesday. He streamed the event on Instagram and is set to burn thousands more works of art.
It’s part of his project “The Currency.” It consists of a collection of 10,000 NFTs. Each non-fungible token corresponds to a physical painting featuring his signature multicolored dots, made from enamel paint on handmade paper. The pieces were initially available for $2,000, which is affordable compared with what Hirst’s work has been known to go for.
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