nobokov
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๐จ๏ธ 4,948
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February 2016
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Damien Hirst NFT "The Currency", by nobokov on Jul 14, 2021 15:52:39 GMT 1, Hahah just stop... If you really want to get super technical... Original... you think Hirst did all these himself? Yes this is an original.... i never said it wasn't but it's more like a very nice print to me than a real Hirst original. especially 10,000 of them that look very similar. Even the titles aren't written by him. His signature is it. But yes... it's a "original" You just described every Hirst "original". The dude is a hack that found success.
Hahah just stop... If you really want to get super technical... Original... you think Hirst did all these himself? Yes this is an original.... i never said it wasn't but it's more like a very nice print to me than a real Hirst original. especially 10,000 of them that look very similar. Even the titles aren't written by him. His signature is it. But yes... it's a "original" You just described every Hirst "original". The dude is a hack that found success. He's far from a hack. This project proves that he's an intelligent performance artist who understands market psychology, is curious about ideas and is trying to understand and demonstrate more. It's really fascinating. The paintings themselves are mostly shit, but the ideas are something to think about. |
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cnrdvln
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๐จ๏ธ 1,404
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February 2017
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Damien Hirst NFT "The Currency", by cnrdvln on Jul 14, 2021 15:52:54 GMT 1, no point in opening a wallet now to become a power user, see last sentence
We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User.
no point in opening a wallet now to become a power user, see last sentence
We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User.
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eliopp
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September 2019
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Damien Hirst NFT "The Currency", by eliopp on Jul 14, 2021 15:52:56 GMT 1, I'm also being left far behind with all this nft jargon. So I understand that the nft will have to be sent to a wallet of some description (Metamask) but will we still be able to pay for it the old fashioned way? Or will it have to be paid for in crypto?
Correct (can be paid by card or crypto) and NFT will be sent to your MetaMask.
I'm also being left far behind with all this nft jargon. So I understand that the nft will have to be sent to a wallet of some description (Metamask) but will we still be able to pay for it the old fashioned way? Or will it have to be paid for in crypto? Correct (can be paid by card or crypto) and NFT will be sent to your MetaMask. |
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The Italian One
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๐จ๏ธ 2,356
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March 2017
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Damien Hirst NFT "The Currency", by The Italian One on Jul 14, 2021 15:57:15 GMT 1, love it..
NFT vs Physical work
who will win?
love it.. NFT vs Physical work who will win? |
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dunkers
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November 2019
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Damien Hirst NFT "The Currency", by dunkers on Jul 14, 2021 16:00:09 GMT 1, I have no nft or crypto experience, for those in the know, how safe is meta mask given itโs a web based wallet? is it safe to leave the nft in meta mask or should you move to cold storage?
I have no nft or crypto experience, for those in the know, how safe is meta mask given itโs a web based wallet? is it safe to leave the nft in meta mask or should you move to cold storage?
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soupy
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April 2014
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Damien Hirst NFT "The Currency", by soupy on Jul 14, 2021 16:01:27 GMT 1, what is going on with the site?
the application button is gone and replaced by "check status"?
what is going on with the site?
the application button is gone and replaced by "check status"?
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grrr
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Damien Hirst NFT "The Currency", by grrr on Jul 14, 2021 16:01:29 GMT 1, Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?
Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?
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Damien Hirst NFT "The Currency", by Carl Cashman Art on Jul 14, 2021 16:03:11 GMT 1, what is going on with the site? the application button is gone and replaced by "check status"?
Have you already applied ? You'll be logged into your account if so, hence the 'check status' button. Looks like 1 application per account atm.
what is going on with the site? the application button is gone and replaced by "check status"? Have you already applied ? You'll be logged into your account if so, hence the 'check status' button. Looks like 1 application per account atm. |
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dunkers
New Member
๐จ๏ธ 287
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November 2019
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Damien Hirst NFT "The Currency", by dunkers on Jul 14, 2021 16:09:47 GMT 1, Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?ย
The faq articles refer to the buyer being responsible for shipping costs and import duties etc on redemption so it doesnโt look like the original stays in the vault
Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?ย The faq articles refer to the buyer being responsible for shipping costs and import duties etc on redemption so it doesnโt look like the original stays in the vault |
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Harveyn
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Damien Hirst NFT "The Currency", by Harveyn on Jul 14, 2021 16:10:35 GMT 1, I am pretty sure it mentions something about shipping and applicable taxes being additional and calculated should you decide to trade your NFT for the original.
I am pretty sure it mentions something about shipping and applicable taxes being additional and calculated should you decide to trade your NFT for the original.
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Pawel
Junior Member
๐จ๏ธ 3,798
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June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 14, 2021 16:10:55 GMT 1, Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?
Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault? That would be an interesting spin, if they do |
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churchwood
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March 2016
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Damien Hirst NFT "The Currency", by churchwood on Jul 14, 2021 16:11:16 GMT 1, Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?
is that the whole point - by producing the NFT but then having the option to actually swap for something real he is questioning the entire longevity of NFT against something physical
Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault? I would have assumed that you get the original to hang and the NFT goes into the great recycling pit of digital doom. is that the whole point - by producing the NFT but then having the option to actually swap for something real he is questioning the entire longevity of NFT against something physical |
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dreadware
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Damien Hirst NFT "The Currency", by dreadware on Jul 14, 2021 16:15:55 GMT 1, Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?ย I would have assumed that you get the original to hang and the NFT goes into the great recycling pit of digital doom. is that the whole point - by producing the NFT but then having the option to actually swap for something real he is questioning the entire longevity of NFT against something physical
That's what I understood from that interview video. You either get to keep the original and the NFT is "destroyed" or you getto keep the NFT and the original is destroyed(publicly in about one year)
Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?ย I would have assumed that you get the original to hang and the NFT goes into the great recycling pit of digital doom. is that the whole point - by producing the NFT but then having the option to actually swap for something real he is questioning the entire longevity of NFT against something physical That's what I understood from that interview video. You either get to keep the original and the NFT is "destroyed" or you getto keep the NFT and the original is destroyed(publicly in about one year) |
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soupy
Junior Member
๐จ๏ธ 2,108
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April 2014
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Damien Hirst NFT "The Currency", by soupy on Jul 14, 2021 16:17:21 GMT 1, what is going on with the site? the application button is gone and replaced by "check status"? Have you already applied ? You'll be logged into your account if so, hence the 'check status' button. Looks like 1 application per account atm.
what is going on with the site? the application button is gone and replaced by "check status"? Have you already applied ? You'll be logged into your account if so, hence the 'check status' button. Looks like 1 application per account atm. yeah. i understand that... but the site wasn't working. the apply button was not showing for ANY browser, IP, device, location, etc. it seems to be working intermittently now. at least the APPLY NOW button is showing. |
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Damien Hirst NFT "The Currency", by Adam The Collector on Jul 14, 2021 16:20:32 GMT 1, Entered, fingers crossed. Would think pretty much anyone who applies will get "picked".
Entered, fingers crossed. Would think pretty much anyone who applies will get "picked".
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vvk
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October 2015
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Damien Hirst NFT "The Currency", by brit invasion on Jul 14, 2021 16:29:23 GMT 1, Really enjoyed the Mark Carney interview. Interesting concept, but you have to be a nerd not an art fan to choose an NFT over the painting? Owning a work of art vs owning the provenance of a work of art that once existed. No brainer, right?
Really enjoyed the Mark Carney interview. Interesting concept, but you have to be a nerd not an art fan to choose an NFT over the painting? Owning a work of art vs owning the provenance of a work of art that once existed. No brainer, right?
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nobokov
Junior Member
๐จ๏ธ 4,948
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February 2016
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Damien Hirst NFT "The Currency", by nobokov on Jul 14, 2021 16:33:51 GMT 1, Really enjoyed the Mark Carney interview. Interesting concept, but you have to be a nerd not an art fan to choose an NFT over the painting? Owning a work of art vs owning the provenance of a work of art that once existed. No brainer, right?
Really enjoyed the Mark Carney interview. Interesting concept, but you have to be a nerd not an art fan to choose an NFT over the painting? Owning a work of art vs owning the provenance of a work of art that once existed. No brainer, right? Not necessarily. What if more people choose to hold the NFT and it trades for an astronomical amount? People would then choose the NFT if they can find another buyer quickly. If everyone chose the object, will that decrease the value of the object? If everyone choose the NFT, would that increase the value of the object? 10,000 objects seems like a quantity high enough to make them not very unique so storing value in those objects that are small, not visually appealing seems like it would need quite the market psychology to hold value. But who knows right? It seems like he's trying to create his own cryptocurrency through this experiment and since it's an experiment, if it fails, it wouldn't reflect poorly on him. Since he's holding 1000 of both the NFT and work, he's hedging either way because no one knows how it's gonna turn out. |
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Deleted
๐จ๏ธ 0
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January 1970
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Damien Hirst NFT "The Currency", by Deleted on Jul 14, 2021 16:37:28 GMT 1, Entered, fingers crossed. Would think pretty much anyone who applies will get "picked".
When I read this below, I thought the opposite.
"We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User."
If I've read this properly, there will only be 1000 to 2000 available for most of us first time non-Power users which doesn't feel like many. Surely the General Users (which is HENI customers, new customers and Partners & Community) grouping will easily be the vast majority of applicants...all fighting over one bucket?
Entered, fingers crossed. Would think pretty much anyone who applies will get "picked". Really? When I read this below, I thought the opposite. "We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User." If I've read this properly, there will only be 1000 to 2000 available for most of us first time non-Power users which doesn't feel like many. Surely the General Users (which is HENI customers, new customers and Partners & Community) grouping will easily be the vast majority of applicants...all fighting over one bucket? |
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.dappy
Full Member
๐จ๏ธ 9,841
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December 2010
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Damien Hirst NFT "The Currency", by .dappy on Jul 14, 2021 16:43:37 GMT 1, Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?ย That would be an interesting spin, if they do
... I would be careful about this point made by grrr ... it is not clear to me either ...
Iโve looked and I canโt see anywhere where it says you get sent the original work it says you trade the nft for an original but does that original stay in the heni vault?ย That would be an interesting spin, if they do ... I would be careful about this point made by grrr ... it is not clear to me either ... |
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dunkers
New Member
๐จ๏ธ 287
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November 2019
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Damien Hirst NFT "The Currency", by dunkers on Jul 14, 2021 16:45:14 GMT 1, Entered, fingers crossed. Would think pretty much anyone who applies will get "picked". Really? When I read this below, I thought the opposite.ย "We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User." If I've read this properly, there will only be 1000 to 2000 available for most of us first time non-Power users which doesn't feel like many. Surely the General Users (which is HENI customers, new customers and Partners & Community) grouping will easily be the vast majority of applicants...all fighting over one bucket?
I read that as heni customers, general, and partners all being separate buckets.
Entered, fingers crossed. Would think pretty much anyone who applies will get "picked". Really? When I read this below, I thought the opposite.ย "We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User." If I've read this properly, there will only be 1000 to 2000 available for most of us first time non-Power users which doesn't feel like many. Surely the General Users (which is HENI customers, new customers and Partners & Community) grouping will easily be the vast majority of applicants...all fighting over one bucket? I read that as heni customers, general, and partners all being separate buckets. |
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pumpkintico
New Member
๐จ๏ธ 57
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August 2020
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Damien Hirst NFT "The Currency", by pumpkintico on Jul 14, 2021 16:55:45 GMT 1, Entered, fingers crossed. Would think pretty much anyone who applies will get "picked".
Did you get any confirmation that you have entered?
Entered, fingers crossed. Would think pretty much anyone who applies will get "picked". Did you get any confirmation that you have entered? |
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u%hdjfka c
Junior Member
๐จ๏ธ 1,003
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January 2021
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Damien Hirst NFT "The Currency", by u%hdjfka c on Jul 14, 2021 16:59:24 GMT 1, Entered, fingers crossed. Would think pretty much anyone who applies will get "picked". Really? When I read this below, I thought the opposite. "We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User." If I've read this properly, there will only be 1000 to 2000 available for most of us first time non-Power users which doesn't feel like many. Surely the General Users (which is HENI customers, new customers and Partners & Community) grouping will easily be the vast majority of applicants...all fighting over one bucket?
Entered, fingers crossed. Would think pretty much anyone who applies will get "picked". Really? When I read this below, I thought the opposite. "We try to ensure that everyone has a chance to purchase an NFT, which means there is an open application that lasts one week. Every application will be reviewed and assigned to an appropriate bucket. Each bucket has a set amount of works to be distributed among the successful applicants.
The buckets include NFT Power Users, DeFi users, HENI customers, general users, partners and team members and Damien himself who will be keeping 1,000 NFTs. He will hold the NFTs (and the corresponding artworks if any of the NFTs are exchanged) for five years except for a small number he might auction off for philanthropic or charitable purposes.
There are approximately 1,000 - 2,000 NFTs within each bucket.
We will use a snapshot taken 24 hours before launch to determine whether you qualify as NFT Power User or DeFi Native User." If I've read this properly, there will only be 1000 to 2000 available for most of us first time non-Power users which doesn't feel like many. Surely the General Users (which is HENI customers, new customers and Partners & Community) grouping will easily be the vast majority of applicants...all fighting over one bucket? More chance of getting a Javier Calleja from Avant Arte than one of these Hirst NFTs |
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Riotcops
Junior Member
๐จ๏ธ 1,423
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June 2018
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Damien Hirst NFT "The Currency", by Riotcops on Jul 14, 2021 16:59:44 GMT 1, That would be an interesting spin, if they do ... I would be careful about this point made by grrr ... it is not clear to me either ...
This line implies the originals will be shipped. Though, I agree, it is not crystal clear.
That would be an interesting spin, if they do ... I would be careful about this point made by grrr ... it is not clear to me either ... "Any applicable taxes, import duties, shipping and insurance costs will need to be paid by you upon redemption." This line implies the originals will be shipped. Though, I agree, it is not crystal clear. |
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dunkers
New Member
๐จ๏ธ 287
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November 2019
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Damien Hirst NFT "The Currency", by dunkers on Jul 14, 2021 17:02:34 GMT 1, That would be an interesting spin, if they do ... I would be careful about this point made by grrr ... it is not clear to me either ...
I emailed heni to check this, response below:
Thank you for reaching out, and for your interest in The Currency!
Yes I can confirm that if you choose to exchange the NFT for the corresponding physical artwork, then the physical artwork will be delivered to the buyer.
More information about the exchange will become available before the exchange period opens, and shipping information of the physical artwork will become available when the exchange period opens.
That would be an interesting spin, if they do ... I would be careful about this point made by grrr ... it is not clear to me either ... I emailed heni to check this, response below: Thank you for reaching out, and for your interest in The Currency! Yes I can confirm that if you choose to exchange the NFT for the corresponding physical artwork, then the physical artwork will be delivered to the buyer. More information about the exchange will become available before the exchange period opens, and shipping information of the physical artwork will become available when the exchange period opens. |
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Riotcops
Junior Member
๐จ๏ธ 1,423
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June 2018
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Damien Hirst NFT "The Currency", by Riotcops on Jul 14, 2021 17:03:09 GMT 1, Someone help me outโฆ So even if I donโt necessarily support it, I get the NFT concept for digital art e.g. proving original ownership of art created digitally (Photoshop etc). However in this context who wouldnโt want the original piece?! Since itโs physical/real and as the owner of such you can create your own unique digital representation?! You could even potentially stick your own digital representation of the image up for sale as an NFT yourself thereafter?! Plus you have something nice to stick on your wallโฆ ๐ค
Someone help me outโฆ So even if I donโt necessarily support it, I get the NFT concept for digital art e.g. proving original ownership of art created digitally (Photoshop etc). However in this context who wouldnโt want the original piece?! Since itโs physical/real and as the owner of such you can create your own unique digital representation?! You could even potentially stick your own digital representation of the image up for sale as an NFT yourself thereafter?! Plus you have something nice to stick on your wallโฆ ๐ค You in no way have the right to reproduce or sell a digitized version of the artwork. You will not own the Copyright. |
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Damien Hirst NFT "The Currency", by Horatio Nelson on Jul 14, 2021 17:09:00 GMT 1, Interesting that Damien will be keeping 1,000 NFTsโฆ
Interesting that Damien will be keeping 1,000 NFTsโฆ
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clueless
New Member
๐จ๏ธ 903
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October 2017
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Damien Hirst NFT "The Currency", by clueless on Jul 14, 2021 17:10:05 GMT 1, Interesting that Damien will be keeping 1,000 NFTsโฆ
Interesting that Damien will be keeping 1,000 NFTsโฆ Pretty standard for all NFT artists. They want the opportunity to flip them if the cash grab is successful as well. |
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dreadware
New Member
๐จ๏ธ 836
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July 2020
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Damien Hirst NFT "The Currency", by dreadware on Jul 14, 2021 17:12:00 GMT 1, ... I would be careful about this point made by grrr ... it is not clear to me either ... I emailed heni to check this, response below: Thank you for reaching out, and for your interest in The Currency! Yes I can confirm that if you choose to exchange the NFT for the corresponding physical artwork, then the physical artwork will be delivered to the buyer. More information about the exchange will become available before the exchange period opens, and shipping information of the physical artwork will become available when the exchange period opens.
This is cool! Thanks for this info!
Now I really wish to get "picked" !
... I would be careful about this point made by grrr ... it is not clear to me either ... I emailed heni to check this, response below: Thank you for reaching out, and for your interest in The Currency! Yes I can confirm that if you choose to exchange the NFT for the corresponding physical artwork, then the physical artwork will be delivered to the buyer. More information about the exchange will become available before the exchange period opens, and shipping information of the physical artwork will become available when the exchange period opens. This is cool! Thanks for this info! Now I really wish to get "picked" ! |
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bagpuss
New Member
๐จ๏ธ 212
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December 2014
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Damien Hirst NFT "The Currency", by bagpuss on Jul 14, 2021 17:18:18 GMT 1, Fascinating concept. I would pick the physical artwork over a token every time, even if the artwork is only 20cm x 30cm.
Fascinating concept. I would pick the physical artwork over a token every time, even if the artwork is only 20cm x 30cm.
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