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.
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.”
