Hirst collectors to choose between digital and physical. And you won’t believe what happens next.

By MiNDFOOD

The Duke and Duchess of Devonshire view the sculpture Legend by Damien Hirst in the gardens of their home Chatsworth House. REUTERS/Darren Staples
The Duke and Duchess of Devonshire view the sculpture Legend by Damien Hirst in the gardens of their home Chatsworth House. REUTERS/Darren Staples
British artist Damien Hirst has announced he will burn thousands of his paintings at his London gallery as part of his year-long NFT project, titled "The Currency."

From September 9, visitors to Hirst’s private museum, Newport Street Gallery, will get the chance to view some of the 10,000 oil paintings on paper that the artist created in 2016 and then linked to corresponding NFTs in 2021.

Buyers who purchased one of the 10,000 NFTs for $2,000 each have been asked to choose whether to keep it as an NFT or trade it for the physical work.

If they keep it as an NFT the corresponding painting will be exhibited before being burned.

British artist Damien Hirst poses next to his painting “I Am Become Death, Shatterer of Worlds”, at the Tate Modern gallery in London. REUTERS/Toby Melville

The works are due to be destroyed daily during until the closing event during Frieze Week in October when the remaining paintings will be torched.

Hirst said in an interview with The Art Newspaper “This project explores the boundaries of art and currency — when art changes and becomes a currency, and when currency becomes art.”

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