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Damien Hirst NFT "The Currency", by Schrรถdinger's Chat on Jul 12, 2022 21:41:07 GMT 1, Do you only get a fancy bag if you collect in person? I have burnt 2 but opted for delivery on both.
Do you only get a fancy bag if you collect in person? I have burnt 2 but opted for delivery on both.
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Greyhound
New Member
Posts โข 168
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November 2010
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Damien Hirst NFT "The Currency", by Greyhound on Jul 13, 2022 9:48:09 GMT 1, Yeah the bags are only available if you collect. Are you going to use the HENI frames on yours? I did and am pretty happy with it, especially for the price.
Yeah the bags are only available if you collect. Are you going to use the HENI frames on yours? I did and am pretty happy with it, especially for the price.
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Bendy Man
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Posts โข 202
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May 2018
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Damien Hirst NFT "The Currency", by Bendy Man on Jul 13, 2022 9:58:31 GMT 1, Yeah the bags are only available if you collect. Are you going to use the HENI frames on yours? I did and am pretty happy with it, especially for the price.
I used the Heni frame for mine - I followed the video online and removed the pink covering sticker, and the finished look was not great (dodgy blue tint, and the mount looked off-colour too - quite disappointing). I then noticed that the back of plexi glass also had a light blue sticker/cover over it - when I removed this the artwork looked awesome in its new frame. Some of the frames have both 'covers' that need to be removed, and some just have the pink one.
Yeah the bags are only available if you collect. Are you going to use the HENI frames on yours? I did and am pretty happy with it, especially for the price.
I used the Heni frame for mine - I followed the video online and removed the pink covering sticker, and the finished look was not great (dodgy blue tint, and the mount looked off-colour too - quite disappointing). I then noticed that the back of plexi glass also had a light blue sticker/cover over it - when I removed this the artwork looked awesome in its new frame. Some of the frames have both 'covers' that need to be removed, and some just have the pink one.
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Greyhound
New Member
Posts โข 168
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November 2010
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Damien Hirst NFT "The Currency", by Greyhound on Jul 13, 2022 11:06:07 GMT 1, Some of the frames have both 'covers' that need to be removed, and some just have the pink one.
Mine only had the blue cover.
Sadly I have no other useful information to convey in these superfluous words
Some of the frames have both 'covers' that need to be removed, and some just have the pink one.
Mine only had the blue cover. Sadly I have no other useful information to convey in these superfluous words
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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 13, 2022 22:04:56 GMT 1, Everyone seems very impressed with these special Heni Frames for their Damien Hirst Currency pieces.
https://www.instagram.com/p/Cf92lsev4Jx
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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 13, 2022 22:47:28 GMT 1, Colour frame or White Frame? What do you think looks best? I think white let's the art speak for itself.
https://www.instagram.com/p/Cf83_2SIp2E
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Martin M
New Member
Posts โข 482
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February 2009
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Damien Hirst NFT "The Currency", by Martin M on Jul 15, 2022 9:16:16 GMT 1, Just burnt my NFT! Pick up from Heni on Tuesday, can't wait. Really don't get NFT's, but good luck to all those who stay on the ride
Just burnt my NFT! Pick up from Heni on Tuesday, can't wait. Really don't get NFT's, but good luck to all those who stay on the ride
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Martin M
New Member
Posts โข 482
Likes โข 679
February 2009
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Damien Hirst NFT "The Currency", by Martin M on Jul 15, 2022 9:17:48 GMT 1, I think that blue frame really detracts from the actual piece, the art is colourful enough -not my cup of tea
I think that blue frame really detracts from the actual piece, the art is colourful enough -not my cup of tea
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Bendy Man
New Member
Posts โข 202
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May 2018
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Damien Hirst NFT "The Currency", by Bendy Man on Jul 15, 2022 11:35:49 GMT 1, Only 2,191 burns with 12 days to go
currency.nft.heni.com/burns
I thought there would be twice as many burns by now (shows how little I know).
Only 2,191 burns with 12 days to go currency.nft.heni.com/burnsI thought there would be twice as many burns by now (shows how little I know).
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ubl
New Member
Posts โข 338
Likes โข 289
November 2019
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Damien Hirst NFT "The Currency", by ubl on Jul 15, 2022 11:44:22 GMT 1, Wouldn't be surprised to see a couple 1000 of them burned on the last day(s)
Wouldn't be surprised to see a couple 1000 of them burned on the last day(s)
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Pawel
Junior Member
Posts โข 3,746
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June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 15, 2022 12:07:34 GMT 1, Wouldn't be surprised to see a couple 1000 of them burned on the last day(s) Possibly. I'm wondering how many people will miss the deadline and and up with NFT rather than paper.
Wouldn't be surprised to see a couple 1000 of them burned on the last day(s) Possibly. I'm wondering how many people will miss the deadline and and up with NFT rather than paper.
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JAlternatiรณn
Junior Member
Posts โข 1,268
Likes โข 963
December 2011
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Damien Hirst NFT "The Currency", by JAlternatiรณn on Jul 15, 2022 12:42:23 GMT 1, Don't forget that DH held back 1000 of them at the launch anyway. Personally i think between 6 and 7 thousand will be traded for physical and only 2-3000 left as NFTs. The physicals would be much higher if some collectors didn't think the NFT would be a ticket to future pre-sales, gallery tours, etc
Don't forget that DH held back 1000 of them at the launch anyway. Personally i think between 6 and 7 thousand will be traded for physical and only 2-3000 left as NFTs. The physicals would be much higher if some collectors didn't think the NFT would be a ticket to future pre-sales, gallery tours, etc
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Jonas B
Junior Member
Posts โข 1,477
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February 2021
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Damien Hirst NFT "The Currency", by Jonas B on Jul 15, 2022 12:47:11 GMT 1, Iโve spoken to as many people as I can who know about NFTs and all think the NFT is the one to go for in terms of future value. With that and the potential opportunity to get something special from DH Iโm pretty much decided to keep the NFT. I already have a physical art collection so makes more sense.
Iโve spoken to as many people as I can who know about NFTs and all think the NFT is the one to go for in terms of future value. With that and the potential opportunity to get something special from DH Iโm pretty much decided to keep the NFT. I already have a physical art collection so makes more sense.
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Dahmer
Junior Member
Posts โข 1,130
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October 2016
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Damien Hirst NFT "The Currency", by Dahmer on Jul 15, 2022 14:46:50 GMT 1, This project/exercise does make one ponder about what currency really is and what has intrinsic value etcโฆ. (Although an NFT is not itself any form of currency or even cryptocurrency from what I understand, so itโs a slight conflation between the two concepts by Hirst). Personally I donโt see the need to pay ยฃ2k to participate in the experiment, but it could get interesting further down the line. But who knows, Heni and elsewhere may ultimately accept these NFTs as tender for other (not NFT) works by Hirst.
They already do. You could buy the pieces in the Hirst show at Claridges with the currency NFTโs. You would need a lot of them at this point but it has happened as of a few months back.
This project/exercise does make one ponder about what currency really is and what has intrinsic value etcโฆ. (Although an NFT is not itself any form of currency or even cryptocurrency from what I understand, so itโs a slight conflation between the two concepts by Hirst). Personally I donโt see the need to pay ยฃ2k to participate in the experiment, but it could get interesting further down the line. But who knows, Heni and elsewhere may ultimately accept these NFTs as tender for other (not NFT) works by Hirst. They already do. You could buy the pieces in the Hirst show at Claridges with the currency NFTโs. You would need a lot of them at this point but it has happened as of a few months back.
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Damien Hirst NFT "The Currency", by slartibartfast on Jul 15, 2022 16:19:29 GMT 1, Possibly that now there is a new role in HENI discord for burners of the NFT their could be utiliy for those who minted an NFT and decided to Burn. TWENTY as i camnot be bothered to count.
Possibly that now there is a new role in HENI discord for burners of the NFT their could be utiliy for those who minted an NFT and decided to Burn. TWENTY as i camnot be bothered to count.
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Charlie Bronson
Junior Member
Posts โข 1,436
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February 2014
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Damien Hirst NFT "The Currency", by Charlie Bronson on Jul 15, 2022 16:36:18 GMT 1, Follow @thecurrencybot on twitter; it posts every burn and sale. Based on that Twitter account, there seems to be a lot more being burned the past few days, and Iโd assume that number will drastically increase as the end approaches
Follow @thecurrencybot on twitter; it posts every burn and sale. Based on that Twitter account, there seems to be a lot more being burned the past few days, and Iโd assume that number will drastically increase as the end approaches
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Icesay
Junior Member
Posts โข 2,426
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March 2010
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Damien Hirst NFT "The Currency", by Icesay on Jul 15, 2022 18:50:51 GMT 1, Really struggling to decide what to do. Haven't got my head round NFT and it's place in the metaverse. I don't live in a virtual world so the physical is appealing but being an early adopter usually has its benefits! An original DH is appealing but its so small!
Really struggling to decide what to do. Haven't got my head round NFT and it's place in the metaverse. I don't live in a virtual world so the physical is appealing but being an early adopter usually has its benefits! An original DH is appealing but its so small!
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Ruggs
Full Member
Posts โข 8,955
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Member is Online
January 2008
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Damien Hirst NFT "The Currency", by Ruggs on Jul 19, 2022 12:12:28 GMT 1, Can anyone tell me if they got notification/courier details from HENI regarding their physical copy prior to it being sent?
Can anyone tell me if they got notification/courier details from HENI regarding their physical copy prior to it being sent?
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Jonas B
Junior Member
Posts โข 1,477
Likes โข 1,613
February 2021
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Damien Hirst NFT "The Currency", by Jonas B on Jul 19, 2022 13:25:20 GMT 1, Really struggling to decide what to do. Haven't got my head round NFT and it's place in the metaverse. I don't live in a virtual world so the physical is appealing but being an early adopter usually has its benefits! An original DH is appealing but its so small! Seen quite a few posted online where people have put massive white borders around them to make them bigger than they are. PFG on IG has some good examples of this. The Heni frame is probably as big as you should go with the border
Really struggling to decide what to do. Haven't got my head round NFT and it's place in the metaverse. I don't live in a virtual world so the physical is appealing but being an early adopter usually has its benefits! An original DH is appealing but its so small! Seen quite a few posted online where people have put massive white borders around them to make them bigger than they are. PFG on IG has some good examples of this. The Heni frame is probably as big as you should go with the border
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Argiebaji
Junior Member
Posts โข 3,012
Likes โข 1,181
June 2008
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Damien Hirst NFT "The Currency", by Argiebaji on Jul 19, 2022 15:00:15 GMT 1, Really struggling to decide what to do. Haven't got my head round NFT and it's place in the metaverse. I don't live in a virtual world so the physical is appealing but being an early adopter usually has its benefits! An original DH is appealing but its so small! I'm struggling to decide too.. even after a year! Feel a bit caught out despite 300+ days ! Doh.
Really struggling to decide what to do. Haven't got my head round NFT and it's place in the metaverse. I don't live in a virtual world so the physical is appealing but being an early adopter usually has its benefits! An original DH is appealing but its so small! I'm struggling to decide too.. even after a year! Feel a bit caught out despite 300+ days ! Doh.
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Pawel
Junior Member
Posts โข 3,746
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June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 19, 2022 15:21:17 GMT 1, I would be really tempted to keep the NFT and see what happens next, but with only 2300 tokens swapped, it will be hard to get something meaningful from keeping it. It's not like Damian will suddenly have something special for 7000 holders. Or even 5k holders.
I'd say the price will go down after the deadline, unless Damian/Heni announce something right after the deadline. But that surely make people, who just have swapped, pretty annoyed.
I would be really tempted to keep the NFT and see what happens next, but with only 2300 tokens swapped, it will be hard to get something meaningful from keeping it. It's not like Damian will suddenly have something special for 7000 holders. Or even 5k holders.
I'd say the price will go down after the deadline, unless Damian/Heni announce something right after the deadline. But that surely make people, who just have swapped, pretty annoyed.
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Wanchope
Junior Member
Posts โข 1,390
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February 2020
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Damien Hirst NFT "The Currency", by Wanchope on Jul 19, 2022 15:26:57 GMT 1, As stated before, people who burned ( inc me) were already annoyed to see the holders rewarded as I thought it was all an unbiased experiment to see if you keep or burn and didnโt think there would be any one sided benefits, but clearly there were. Being the first major blue chip to do this Iโm sure will put the nft holders in good stead for the future and clearly I would expect more treats for the holders. If I could turn back time I would have kept mine as an nft as I have enough art in the walls.
As stated before, people who burned ( inc me) were already annoyed to see the holders rewarded as I thought it was all an unbiased experiment to see if you keep or burn and didnโt think there would be any one sided benefits, but clearly there were. Being the first major blue chip to do this Iโm sure will put the nft holders in good stead for the future and clearly I would expect more treats for the holders. If I could turn back time I would have kept mine as an nft as I have enough art in the walls.
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Arty
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Posts โข 117
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Member is Online
December 2020
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Damien Hirst NFT "The Currency", by Arty on Jul 19, 2022 15:30:42 GMT 1, Pawel, I agree with you. But Heni have to keep the value alive for project in the future en they also make more money with a higher secondary salesprice. So I think swap the NFT is a risk (also not swap it) and they don't care if somebody is not happy with his of her decision.
Pawel, I agree with you. But Heni have to keep the value alive for project in the future en they also make more money with a higher secondary salesprice. So I think swap the NFT is a risk (also not swap it) and they don't care if somebody is not happy with his of her decision.
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Lazy Jesus
New Member
Posts โข 222
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February 2020
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Damien Hirst NFT "The Currency", by Lazy Jesus on Jul 19, 2022 15:40:46 GMT 1, Can anyone tell me if they got notification/courier details from HENI regarding their physical copy prior to it being sent? I received an email from books@heni.com confirming it will be shipped shortly and a DHL tracking number.
DHL also emailed to confirm the delivery was on its way with an expected delivery date.
Can anyone tell me if they got notification/courier details from HENI regarding their physical copy prior to it being sent? I received an email from books@heni.com confirming it will be shipped shortly and a DHL tracking number. DHL also emailed to confirm the delivery was on its way with an expected delivery date.
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Dubman
New Member
Posts โข 357
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May 2020
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Damien Hirst NFT "The Currency", by Dubman on Jul 19, 2022 16:22:25 GMT 1, Im going to hedge my bets - burn 1, keep 1.
I pick up a physical this week (with Heni frame).
Im keeping 'burn to ashes' as a NFT - DH has to see the irony here!
Im going to hedge my bets - burn 1, keep 1.
I pick up a physical this week (with Heni frame).
Im keeping 'burn to ashes' as a NFT - DH has to see the irony here!
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dundun
New Member
Posts โข 248
Likes โข 81
February 2007
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Damien Hirst NFT "The Currency", by dundun on Jul 19, 2022 16:33:12 GMT 1, I just burned my Currency. It was a hard decision but in the end I collect art that hangs on my walls. Mine has two microdots on it, so it makes it a rare version of the physical(this was mentioned in the early interview by Hirst). I may regret it but at least I'll have a great piece of art in the end.
Now I expect a crazy announcement in the next few days to incur an immediate regret. Lol.
I just burned my Currency. It was a hard decision but in the end I collect art that hangs on my walls. Mine has two microdots on it, so it makes it a rare version of the physical(this was mentioned in the early interview by Hirst). I may regret it but at least I'll have a great piece of art in the end.
Now I expect a crazy announcement in the next few days to incur an immediate regret. Lol.
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Pawel
Junior Member
Posts โข 3,746
Likes โข 3,237
June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 19, 2022 16:42:44 GMT 1, Pawel, I agree with you. But Heni have to keep the value alive for project in the future en they also make more money with a higher secondary salesprice. So I think swap the NFT is a risk (also not swap it) and they don't care if somebody is not happy with his of her decision. I agree that both choices presents some risks. as I said, mine main concern is the number of tokens after deadline. Assume it give you a.slight better chance during a heni drops (not very useful for very popular drops) and once a year exclusive drop for holders , let's say edition of 300. With 5k tokens our there you have a 6% chance. Is it worth more than small OG on the wall?
Pawel, I agree with you. But Heni have to keep the value alive for project in the future en they also make more money with a higher secondary salesprice. So I think swap the NFT is a risk (also not swap it) and they don't care if somebody is not happy with his of her decision. I agree that both choices presents some risks. as I said, mine main concern is the number of tokens after deadline. Assume it give you a.slight better chance during a heni drops (not very useful for very popular drops) and once a year exclusive drop for holders , let's say edition of 300. With 5k tokens our there you have a 6% chance. Is it worth more than small OG on the wall?
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Martin M
New Member
Posts โข 482
Likes โข 679
February 2009
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Damien Hirst NFT "The Currency", by Martin M on Jul 19, 2022 18:13:03 GMT 1, A very hot trip into town today and picked up our physical Currency - very exciting and a lovely chat at the gallery and the artwork is really great. I thought the Heni frame was really good but maybe could be done slightly better so decided to head to the framers - White frame floated on foam core, back exposed, museum glass - very slightly bigger than the Heni 400x300. Ill post a pic when i get it back. Still tempted to buy a NFT!! rubbish at decisions!
A very hot trip into town today and picked up our physical Currency - very exciting and a lovely chat at the gallery and the artwork is really great. I thought the Heni frame was really good but maybe could be done slightly better so decided to head to the framers - White frame floated on foam core, back exposed, museum glass - very slightly bigger than the Heni 400x300. Ill post a pic when i get it back. Still tempted to buy a NFT!! rubbish at decisions!
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woobl
New Member
Posts โข 135
Likes โข 59
August 2009
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Damien Hirst NFT "The Currency", by woobl on Jul 19, 2022 19:31:58 GMT 1, All this 'added value' to the NFT sure does mess with the decision of whether to burn it for the physical. However, I am still of the mind that there are more 'blue chip' art collectors who deal in physical art out there and do not understand (or know how) to deal with NFTs. As such hopefully the secondary market (say, in 5 years) will value this more. Also, it will be just nice to have a Hirst on the wall!
All this 'added value' to the NFT sure does mess with the decision of whether to burn it for the physical. However, I am still of the mind that there are more 'blue chip' art collectors who deal in physical art out there and do not understand (or know how) to deal with NFTs. As such hopefully the secondary market (say, in 5 years) will value this more. Also, it will be just nice to have a Hirst on the wall!
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Icesay
Junior Member
Posts โข 2,426
Likes โข 1,796
March 2010
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Damien Hirst NFT "The Currency", by Icesay on Jul 19, 2022 20:11:49 GMT 1, The artworks are very similar but the titles are all different, this leads me to consider how we as individuals see ourselves. For me it raises questions of identity and our place in society, coupled with the existential question of money. Non fungible equates in my mind to what price can you place on anything....if money is a man- made measure then what is the true value of anything? Material vs immaterial. When your body returns to the earth and the pieces of paper are consumed by environmental degradation, what is left behind? A digital footprint? I just wonder if this is a digital legacy and will anyone care? In conclusion I'm keeping the NFT, not for monetary gain but to see how deep the rabbit hole goes.
The artworks are very similar but the titles are all different, this leads me to consider how we as individuals see ourselves. For me it raises questions of identity and our place in society, coupled with the existential question of money. Non fungible equates in my mind to what price can you place on anything....if money is a man- made measure then what is the true value of anything? Material vs immaterial. When your body returns to the earth and the pieces of paper are consumed by environmental degradation, what is left behind? A digital footprint? I just wonder if this is a digital legacy and will anyone care? In conclusion I'm keeping the NFT, not for monetary gain but to see how deep the rabbit hole goes.
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