u%hdjfka c
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Damien Hirst NFT "The Currency", by u%hdjfka c on Jul 14, 2021 11:44:06 GMT 1, thinking of getting 2 .... one will end up in the wall and one in my ledger (if I will be brave enough on choosing one original Hirst will be destroyed ) this will be the first NFT from Hirst and the first NFT in my collection. I don't like the image that much, but I want to be part of this experiment
you'll be lucky to get one nevermind two
thinking of getting 2 .... one will end up in the wall and one in my ledger (if I will be brave enough on choosing one original Hirst will be destroyed ) this will be the first NFT from Hirst and the first NFT in my collection. I don't like the image that much, but I want to be part of this experiment you'll be lucky to get one nevermind two |
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Pattycakes
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Damien Hirst NFT "The Currency", by Pattycakes on Jul 14, 2021 11:52:04 GMT 1, I'm still confused. 1. Has Damien Hirst really produced 10,000 originals? How long would that take you? 2. Has Damien Hirst really numbered, titled and signed 10,000 pieces of paper? How long would that take you? 3. Are Heni really going to keep 10,000 originals in their vault? How big is this 'vault' of theirs? 4. Are you really given the option of keeping the NFT or having the original artwork? If so, who in their right mind would choose a token rather than the real thing? That's like choosing an e-mail from Banksy or having a signed Banksy on the wall. None of this really adds up. 1. Probably done by assistants. Given you can make 10 a day, 10 asistants would make them in 4 months. 2. Maybe, or signed by assistants 3. That are small works on papier, storage is not an issue. 4. They apparently give the buyer the option.
2. It is a little known fact that DH has a robotic left hand and can sign his name over 10,000 times per day with little strain to the rest of his body or indeed his mind.
3. They are A4 in size in a slightly larger fitted box, I am sure someone good at maths can work out the Sqm footage needed to store them, but I doubt it would need to be that large.
4. Yes you have 2 months to decide on placing your hard earned dosh into physical art (which you will receive after it has been displayed in 1 year) or hold electronically as a shiny NFT
I'm still confused. 1. Has Damien Hirst really produced 10,000 originals? How long would that take you? 2. Has Damien Hirst really numbered, titled and signed 10,000 pieces of paper? How long would that take you? 3. Are Heni really going to keep 10,000 originals in their vault? How big is this 'vault' of theirs? 4. Are you really given the option of keeping the NFT or having the original artwork? If so, who in their right mind would choose a token rather than the real thing? That's like choosing an e-mail from Banksy or having a signed Banksy on the wall. None of this really adds up. 1. Probably done by assistants. Given you can make 10 a day, 10 asistants would make them in 4 months. 2. Maybe, or signed by assistants 3. That are small works on papier, storage is not an issue. 4. They apparently give the buyer the option. 1. Definitely done by assistants - he has never made any apologies for using them - nor should he it's perfectly normal practice, always has been. 2. It is a little known fact that DH has a robotic left hand and can sign his name over 10,000 times per day with little strain to the rest of his body or indeed his mind. 3. They are A4 in size in a slightly larger fitted box, I am sure someone good at maths can work out the Sqm footage needed to store them, but I doubt it would need to be that large. 4. Yes you have 2 months to decide on placing your hard earned dosh into physical art (which you will receive after it has been displayed in 1 year) or hold electronically as a shiny NFT |
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Georgie Poppit
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Damien Hirst NFT "The Currency", by Georgie Poppit on Jul 14, 2021 11:55:47 GMT 1, thinking of getting 2 .... one will end up in the wall and one in my ledger (if I will be brave enough on choosing one original Hirst will be destroyed ) this will be the first NFT from Hirst and the first NFT in my collection. I don't like the image that much, but I want to be part of this experiment you'll be lucky to get one nevermind two
thinking of getting 2 .... one will end up in the wall and one in my ledger (if I will be brave enough on choosing one original Hirst will be destroyed ) this will be the first NFT from Hirst and the first NFT in my collection. I don't like the image that much, but I want to be part of this experiment you'll be lucky to get one nevermind two I think demand for these will be very high and as he mentioned in the video, he wants these to be distributed evenly. Getting one will be a challenge. |
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Pawel
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Damien Hirst NFT "The Currency", by Pawel on Jul 14, 2021 12:14:51 GMT 1, I always support artist who make reasonably priced OG. Jan Kalab with his annual times editions, Seen, Sam Durant.
If you're a fan of the artist, getting an A4 OG seems quite alright.
I always support artist who make reasonably priced OG. Jan Kalab with his annual times editions, Seen, Sam Durant.
If you're a fan of the artist, getting an A4 OG seems quite alright.
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DB
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Damien Hirst NFT "The Currency", by DB on Jul 14, 2021 12:24:14 GMT 1, I always support artist who make reasonably priced OG. Jan Kalab with his annual times editions, Seen, Sam Durant. If you're a fan of the artist, getting an A4 OG seems quite alright.
Is it A4 sized? Looks a bit bigger than that to me
I always support artist who make reasonably priced OG. Jan Kalab with his annual times editions, Seen, Sam Durant. If you're a fan of the artist, getting an A4 OG seems quite alright. Is it A4 sized? Looks a bit bigger than that to me |
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Art Buy Guy
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Damien Hirst NFT "The Currency", by Art Buy Guy on Jul 14, 2021 12:26:34 GMT 1, I plan to try for two pieces. If I only get one, I'll have a problem deciding. I am probably the ideal participant for the experiment (and the sales campaign  ).
I plan to try for two pieces. If I only get one, I'll have a problem deciding. I am probably the ideal participant for the experiment (and the sales campaign ). |
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ak1
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Damien Hirst NFT "The Currency", by ak1 on Jul 14, 2021 12:29:42 GMT 1, Compared to his last edition The Virtues there were around 7500 in total. Now I could get an original artwork for 2k. Supposedly all works are different and even named different. So, basically you get a small original artwork for 2k. If that is right it seems to be a pretty good deal. Image if someone told you 5 days ago you could get hold of a DH for 2k... Am I missing something here? Nope. Bet the laminated giclee buyers are gutted.
Compared to his last edition The Virtues there were around 7500 in total. Now I could get an original artwork for 2k. Supposedly all works are different and even named different. So, basically you get a small original artwork for 2k. If that is right it seems to be a pretty good deal. Image if someone told you 5 days ago you could get hold of a DH for 2k... Am I missing something here? Nope. Bet the laminated giclee buyers are gutted. Was only a matter of time on the big shiny giclees. Well done to anyone who managed to move one on before this. |
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Pawel
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Damien Hirst NFT "The Currency", by Pawel on Jul 14, 2021 12:47:33 GMT 1, I always support artist who make reasonably priced OG. Jan Kalab with his annual times editions, Seen, Sam Durant. If you're a fan of the artist, getting an A4 OG seems quite alright. Is it A4 sized? Looks a bit bigger than that to me
According to the TF article, they all are A4
I always support artist who make reasonably priced OG. Jan Kalab with his annual times editions, Seen, Sam Durant. If you're a fan of the artist, getting an A4 OG seems quite alright. Is it A4 sized? Looks a bit bigger than that to me According to the TF article, they all are A4 |
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Georgie Poppit
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February 2021
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Damien Hirst NFT "The Currency", by Georgie Poppit on Jul 14, 2021 12:52:56 GMT 1, Looks like the so-called โdropโ at 3pm will just be the opportunity to apply rather than buy.
Looks like the so-called โdropโ at 3pm will just be the opportunity to apply rather than buy.
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cizza19
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Damien Hirst NFT "The Currency", by cizza19 on Jul 14, 2021 12:54:00 GMT 1, NFT's the 'Kings Clothes' I wonder?
NFT's the 'Kings Clothes' I wonder? lucky you can chose to keep the original then! |
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Pattycakes
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Damien Hirst NFT "The Currency", by Pattycakes on Jul 14, 2021 12:54:31 GMT 1, You have a week to apply as per usual for these big Heni "drops"
You have a week to apply as per usual for these big Heni "drops"
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Damien Hirst NFT "The Currency", by Happy Shopper on Jul 14, 2021 13:05:47 GMT 1, I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period.
If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?).
Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after?
I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period.
If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?).
Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after?
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Damien Hirst NFT "The Currency", by Carl Cashman Art on Jul 14, 2021 13:08:03 GMT 1, Love the idea, as already mentioned its definitely one of the better nfts concepts so far.
Love the idea, as already mentioned its definitely one of the better nfts concepts so far.
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Rsyok
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Damien Hirst NFT "The Currency", by Rsyok on Jul 14, 2021 13:10:09 GMT 1, I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after?
I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after? This is the performance art bit of it. Which to Hirst's credit is all part of the fun ! |
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teabaggins
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Damien Hirst NFT "The Currency", by teabaggins on Jul 14, 2021 13:23:07 GMT 1, I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after?
You actually have a full year to decide. You can make that decision starting in 2 months.
โThey will have one year, until 3pm BST on 27th July 2022 to decide to keep either the digital NFT or the physical artwork. โ
I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after? You actually have a full year to decide. You can make that decision starting in 2 months. โThey will have one year, until 3pm BST on 27th July 2022 to decide to keep either the digital NFT or the physical artwork. โ |
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jimmyjam
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Damien Hirst NFT "The Currency", by jimmyjam on Jul 14, 2021 13:33:44 GMT 1, I believe itโs application only and you have a year to decide.
10,000 is a ton of pieces. This is more like a nice small print than an original.
I believe itโs application only and you have a year to decide.
10,000 is a ton of pieces. This is more like a nice small print than an original.
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dunkers
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Damien Hirst NFT "The Currency", by dunkers on Jul 14, 2021 13:35:05 GMT 1, I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after?
It will be even more interesting if individuals are able to buy and sell their NFTs onto others during decision period.
I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after? It will be even more interesting if individuals are able to buy and sell their NFTs onto others during decision period. |
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teabaggins
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Damien Hirst NFT "The Currency", by teabaggins on Jul 14, 2021 13:36:42 GMT 1, . This is more like a nice small print than an original.
What?
. This is more like a nice small print than an original. What? |
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Terry Fuckwitt
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Damien Hirst NFT "The Currency", by Terry Fuckwitt on Jul 14, 2021 13:38:40 GMT 1, I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after? It will be even more interesting if individuals are able to buy and sell their NFTs onto others during decision period.
Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece.
I guess the interesting part will be if the NFTs start trading for more or less than the 2k price over the 2 month decision period. If they continue to go up, do you trade for the original, which might not sell for so much?? (Assuming crazy crypto fans go mad for the NFT version more than the paintings !?). Or, will prices rise in the first 2 months, as people scramble to buy before the time limit to swap, then drop heavily after? It will be even more interesting if individuals are able to buy and sell their NFTs onto others during decision period. Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece. |
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u%hdjfka c
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Damien Hirst NFT "The Currency", by u%hdjfka c on Jul 14, 2021 13:39:36 GMT 1, This is more like a nice small print than an original.
This is more like a nice small print than an original. No. Each one is quite clearly an original painting and not 'more like a small print' at all. |
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Pawel
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Damien Hirst NFT "The Currency", by Pawel on Jul 14, 2021 13:46:14 GMT 1, It will be even more interesting if individuals are able to buy and sell their NFTs onto others during decision period. Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece.
I don't see why not. It's the part of the fun
It will be even more interesting if individuals are able to buy and sell their NFTs onto others during decision period. Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece. I don't see why not. It's the part of the fun |
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badgersurf
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Damien Hirst NFT "The Currency", by badgersurf on Jul 14, 2021 13:46:17 GMT 1, Interesting article in the Bloomberg, clarifies a bit more:
www.bloomberg.com/news/articles/2021-07-14/damien-hirst-the-currency-artworks-10-000-pieces-for-2-000-each
People can sign up to purchase a piece from the Currency for the next seven days. Near the end of July, buyers will receive NFTs of their artworks and will be able to buy and sell them as they please on Hageโs website, Heni, or in Niftys, an online marketplace.
After two months have elapsed, an owner of a work can choose to redeem the NFT for the physical artwork, at which point the digital artwork and NFT will be destroyed; or they can hold onto the NFT, andโafter a year has gone byโHirst will exhibit the unclaimed artworks and then destroy them.
Interesting article in the Bloomberg, clarifies a bit more: www.bloomberg.com/news/articles/2021-07-14/damien-hirst-the-currency-artworks-10-000-pieces-for-2-000-eachPeople can sign up to purchase a piece from the Currency for the next seven days. Near the end of July, buyers will receive NFTs of their artworks and will be able to buy and sell them as they please on Hageโs website, Heni, or in Niftys, an online marketplace. After two months have elapsed, an owner of a work can choose to redeem the NFT for the physical artwork, at which point the digital artwork and NFT will be destroyed; or they can hold onto the NFT, andโafter a year has gone byโHirst will exhibit the unclaimed artworks and then destroy them. |
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dunkers
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Damien Hirst NFT "The Currency", by dunkers on Jul 14, 2021 13:47:35 GMT 1, [/quote]Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece. [/quote]
If they could then that would tie in nicely with the currency theme.
Part of me hopes you canโt to deter flippers, but it would be anothrt nice little earner for Damien if it was allowed and heni took a margin on the nft sale
[/quote]Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece. [/quote]
If they could then that would tie in nicely with the currency theme.
Part of me hopes you canโt to deter flippers, but it would be anothrt nice little earner for Damien if it was allowed and heni took a margin on the nft sale
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jimmyjam
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Damien Hirst NFT "The Currency", by jimmyjam on Jul 14, 2021 13:50:57 GMT 1, 10,000 of the same image is a ton. They are also very small.
These are great deals but the value is not of an original. If you think it is.... you are wrong.
People will try and resell these for insane prices but 9,999 others out there of the same image.
10,000 of the same image is a ton. They are also very small.
These are great deals but the value is not of an original. If you think it is.... you are wrong.
People will try and resell these for insane prices but 9,999 others out there of the same image.
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Damien Hirst NFT "The Currency", by Carl Cashman Art on Jul 14, 2021 13:54:17 GMT 1, Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece. [/quote]
If they could then that would tie in nicely with the currency theme.
Part of me hopes you canโt to deter flippers, but it would be anothrt nice little earner for Damien if it was allowed and heni took a margin on the nft sale[/quote]
Half the concept/promo of nfts is reselling and the artist receiving more cash. Flipping doesn't come into it.
Also if someone buys the NFT secondary, I wonder if they have the option to opt for the physical piece. [/quote] If they could then that would tie in nicely with the currency theme. Part of me hopes you canโt to deter flippers, but it would be anothrt nice little earner for Damien if it was allowed and heni took a margin on the nft sale[/quote] Half the concept/promo of nfts is reselling and the artist receiving more cash. Flipping doesn't come into it. |
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Pawel
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June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 14, 2021 13:56:12 GMT 1, This is more like a nice small print than an original. No. Each one is quite clearly an original painting and not 'more like a small print' at all.
Yes, but when there's 10k of them and they are almost indistinguishable from another.
Not a typical OG in my opinion.
I'm still on the fence if I'd rather have this OG or one of the cherry blossom prints.
I'm not fan of these prints as they look too flat for me, but assuming i was, would i prefer a huge great looking print or a small editioned OG.
This is more like a nice small print than an original. No. Each one is quite clearly an original painting and not 'more like a small print' at all. Yes, but when there's 10k of them and they are almost indistinguishable from another. Not a typical OG in my opinion. I'm still on the fence if I'd rather have this OG or one of the cherry blossom prints. I'm not fan of these prints as they look too flat for me, but assuming i was, would i prefer a huge great looking print or a small editioned OG. |
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teabaggins
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Damien Hirst NFT "The Currency", by teabaggins on Jul 14, 2021 13:57:12 GMT 1, 10,000 of the same image is a ton. They are also very small.ย These are great deals but the value is not of an original. If you think it is.... you are wrong.ย People will try and resell these for insane prices but 9,999 others out there of the same image.ย
Except no one will have the same image. They are each unique.
10,000 of the same image is a ton. They are also very small.ย These are great deals but the value is not of an original. If you think it is.... you are wrong.ย People will try and resell these for insane prices but 9,999 others out there of the same image.ย Except no one will have the same image. They are each unique. |
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jimmyjam
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Damien Hirst NFT "The Currency", by jimmyjam on Jul 14, 2021 14:00:12 GMT 1, If people are thinking these will sell for 10k in a few years - then that's the price of a nice print... So yes... it's like a nice print in value.
Again these are great deals but don't expect these to sell for 50k or anything like that.
If you get selected then congratulations. These are very nice and a great deal for an "original"
If people are thinking these will sell for 10k in a few years - then that's the price of a nice print... So yes... it's like a nice print in value.
Again these are great deals but don't expect these to sell for 50k or anything like that.
If you get selected then congratulations. These are very nice and a great deal for an "original"
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teabaggins
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November 2018
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Damien Hirst NFT "The Currency", by teabaggins on Jul 14, 2021 14:04:04 GMT 1, If people are thinking these will sell for 10k in a few years - then that's the price of a nice print... So yes... it's like a nice print in value. Again these are great deals but don't expect these to sell for 50k or anything like that. If you get selected then congratulations. These are very nice and a great deal for an "original"
โValueโ is not a variable in the equation of wether or not something is an original work of art or a printed reproduction.
Regardless of value or future value these are unequivocally original works of art.
If people are thinking these will sell for 10k in a few years - then that's the price of a nice print... So yes... it's like a nice print in value. Again these are great deals but don't expect these to sell for 50k or anything like that. If you get selected then congratulations. These are very nice and a great deal for an "original" โValueโ is not a variable in the equation of wether or not something is an original work of art or a printed reproduction. Regardless of value or future value these are unequivocally original works of art. |
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Art Buy Guy
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September 2020
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Damien Hirst NFT "The Currency", by Art Buy Guy on Jul 14, 2021 14:06:50 GMT 1, I wonder if the (AI generated) titles of the works don't have value too? I think so, actually.
From that point of view, the possibility to trade should also make a lot of sense for one or the other.
I wonder if the (AI generated) titles of the works don't have value too? I think so, actually.
From that point of view, the possibility to trade should also make a lot of sense for one or the other.
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