Hirst, the 1990s enfant terrible, claims he is “reimagining the way NFTs are used,” because each NFT in the series is tied to a physical version that is stored in a vault in the U.K. Collectors have until July 27, 2022 to decide whether they would like to keep their NFT or exchange it for the physical painting. Any unwanted physical paintings will be destroyed, leaving the collectors with only the NFT; similarly, any returned NFTs will be destroyed, leaving the collectors with only the painting.
Damien Hirst’s ‘The Currency’ Is Just Like Money, but Is It Good Art?
