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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 20, 2022 9:33:13 GMT 1, Another framing example of a Damien Hirst Currency. What do you think of this one?
https://www.instagram.com/p/CgM-i5DjL8n
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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 20, 2022 9:35:47 GMT 1, Looks like lots of people have been burning the NFT and choosing to have the real thing.
https://www.instagram.com/p/CgLBojBFfv6
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DB
New Member
Posts โข 366
Likes โข 443
January 2016
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Damien Hirst NFT "The Currency", by DB on Jul 20, 2022 9:46:53 GMT 1, Looks like lots of people have been burning the NFT and choosing to have the real thing. I still think there will be more NFT's in the end... far easier to sell, surprises and utility and a big NFT community backing it.
Looks like lots of people have been burning the NFT and choosing to have the real thing. I still think there will be more NFT's in the end... far easier to sell, surprises and utility and a big NFT community backing it.
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Ruggs
Full Member
Posts โข 8,955
Likes โข 4,577
January 2008
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Damien Hirst NFT "The Currency", by Ruggs on Jul 20, 2022 12:43:02 GMT 1, If Damien Hirst has held back a thousand of these NFTโs for himself I wonder whether he will opt to burn or keep them.
If Damien Hirst has held back a thousand of these NFTโs for himself I wonder whether he will opt to burn or keep them.
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Dice
Junior Member
Posts โข 2,214
Likes โข 1,500
October 2011
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Damien Hirst NFT "The Currency", by Dice on Jul 20, 2022 12:52:26 GMT 1, Exciting times ahead. Iโm sure there will a lot of publicity and thereโs also going to be an exhibition of all the physical pieces due to be burned and maybe even a burning who knows!
Exciting times ahead. Iโm sure there will a lot of publicity and thereโs also going to be an exhibition of all the physical pieces due to be burned and maybe even a burning who knows!
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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 20, 2022 14:30:52 GMT 1, If Damien Hirst has held back a thousand of these NFTโs for himself I wonder whether he will opt to burn or keep them. I seem to remember that DH is keeping them all (1,000) for at least 5 years as a long term thing.
If Damien Hirst has held back a thousand of these NFTโs for himself I wonder whether he will opt to burn or keep them. I seem to remember that DH is keeping them all (1,000) for at least 5 years as a long term thing.
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Damien Hirst NFT "The Currency", by Schrรถdinger's Chat on Jul 20, 2022 18:05:02 GMT 1, I bottled it in the end, lost faith in nfts (still own a few low cost ones) and decided to stick to what i know, as a result i will soon have 3 x currency on my wall, could be a lot worse. Two arrived today and they are very nice in the flesh.
I always had this nagging fear that if i fell off this mortal coil no-one would be able to access my crypto/nfts accounts / wallets or work out how to sell them, and it would all be lost and forgotten. This sadly happened with a friend a few years back. At least this way they can just take it to a gallery or stick it in an auction some day.
Oh well, decision made, for better or for worse.
I bottled it in the end, lost faith in nfts (still own a few low cost ones) and decided to stick to what i know, as a result i will soon have 3 x currency on my wall, could be a lot worse. Two arrived today and they are very nice in the flesh.
I always had this nagging fear that if i fell off this mortal coil no-one would be able to access my crypto/nfts accounts / wallets or work out how to sell them, and it would all be lost and forgotten. This sadly happened with a friend a few years back. At least this way they can just take it to a gallery or stick it in an auction some day.
Oh well, decision made, for better or for worse.
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Damien Hirst NFT "The Currency", by Schrรถdinger's Chat on Jul 20, 2022 18:08:46 GMT 1, Also if only say 3000 are claimed as originals, that is a relatively small number, compared to the nfts, this may bode well for future value, but for now i can enjoy them, in a way that i couldn't on my laptop.
Also if only say 3000 are claimed as originals, that is a relatively small number, compared to the nfts, this may bode well for future value, but for now i can enjoy them, in a way that i couldn't on my laptop.
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Arty Farty 15
New Member
Posts โข 681
Likes โข 1,108
January 2018
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Damien Hirst NFT "The Currency", by Arty Farty 15 on Jul 20, 2022 18:44:01 GMT 1, Someone just burnt 10 in one go (probably a gallery) but will be a proper flex having ten of these on the wall
Someone just burnt 10 in one go (probably a gallery) but will be a proper flex having ten of these on the wall
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Pawel
Junior Member
Posts โข 3,748
Likes โข 3,237
June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 20, 2022 19:37:52 GMT 1, I wonder how many people bought one to flip but don't want to handle the paper so will try to sell it before the deadline.
I wonder how many people bought one to flip but don't want to handle the paper so will try to sell it before the deadline.
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Ruggs
Full Member
Posts โข 8,955
Likes โข 4,577
January 2008
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Damien Hirst NFT "The Currency", by Ruggs on Jul 21, 2022 7:55:24 GMT 1, Silly time to sell a physical in my opinion. Iโd wait out the next six days just to see how many NFTโs have been burnt. It currently stands at 2,468.
Silly time to sell a physical in my opinion. Iโd wait out the next six days just to see how many NFTโs have been burnt. It currently stands at 2,468.
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Dahmer
Junior Member
Posts โข 1,132
Likes โข 1,082
October 2016
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kfroms
Junior Member
Posts โข 1,715
Likes โข 2,593
October 2011
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Damien Hirst NFT "The Currency", by kfroms on Jul 21, 2022 17:25:08 GMT 1, If Damien Hirst has held back a thousand of these NFTโs for himself I wonder whether he will opt to burn or keep them. I seem to remember that DH is keeping them all (1,000) for at least 5 years as a long term thing. Yes he keeps them ( but reserves the right to use them as give aways, charity contributions etc ) BUT he still needs to decide how many to keep as NFT or burn.
If Damien Hirst has held back a thousand of these NFTโs for himself I wonder whether he will opt to burn or keep them. I seem to remember that DH is keeping them all (1,000) for at least 5 years as a long term thing. Yes he keeps them ( but reserves the right to use them as give aways, charity contributions etc ) BUT he still needs to decide how many to keep as NFT or burn.
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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 21, 2022 18:05:32 GMT 1, I don't suppose he really minds that much! So minted (pun Intended) that he can wait for years to see what happens NFTs and whether they are as volatile as crypto.
I don't suppose he really minds that much! So minted (pun Intended) that he can wait for years to see what happens NFTs and whether they are as volatile as crypto.
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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 21, 2022 23:20:47 GMT 1, So, what do people predict will be the values of these in the coming months? Is now a good time to buy with so many up for sale? Or better to wait 6 months or a year?
https://www.instagram.com/p/CgSNX8BM7_b
So, what do people predict will be the values of these in the coming months? Is now a good time to buy with so many up for sale? Or better to wait 6 months or a year? https://www.instagram.com/p/CgSNX8BM7_b
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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 21, 2022 23:23:07 GMT 1, Or maybe just sell the Currency Art and get the Heni Currency Bag framed up? ๐
https://www.instagram.com/p/CgR_9FVj-rU
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Damien Hirst NFT "The Currency", by Daniel Silk on Jul 21, 2022 23:25:43 GMT 1, Interesting statistics on the Damien Hirst Currency ๐ณ I expect Damien has a cunning plan whatever happened.
https://www.instagram.com/p/CgQK5Q5hY_4
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Dubman
New Member
Posts โข 357
Likes โข 409
May 2020
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Damien Hirst NFT "The Currency", by Dubman on Jul 22, 2022 10:24:41 GMT 1, Have to admit its a pukka tote bag and was great to go to Heni and see the last few DH drops up on the wall - The Empress was much more impressive than I'd given it credit for, looked stunning.
Didn't feel cleaver walking about town with a bright pink 'currency bag' with the piece in it, so I put it in my back pack incase an art savvy scallywag wanted to see it!
I was speaking to Harriet from Heni who told me they have a massively busy few days ahead whilst people come in to redeem the physicals and have 10 minute time slots. I asked if she thought it would be 50 - 50 and we both agreed that we thought more people would have redeemed by now. Will be interesting to see where it lands.
Im fortunate as I now have one physical and one NFT ('Burn to Ashes' - the irony!) and although its great to have a DH original, I still believe that this will always be the very first DH NFT, in years to come - whatever happens to the medium (which is here to stay IMO) there will be some value to this. No doubt members here will have their own opinions.
Have to admit its a pukka tote bag and was great to go to Heni and see the last few DH drops up on the wall - The Empress was much more impressive than I'd given it credit for, looked stunning. Didn't feel cleaver walking about town with a bright pink 'currency bag' with the piece in it, so I put it in my back pack incase an art savvy scallywag wanted to see it! I was speaking to Harriet from Heni who told me they have a massively busy few days ahead whilst people come in to redeem the physicals and have 10 minute time slots. I asked if she thought it would be 50 - 50 and we both agreed that we thought more people would have redeemed by now. Will be interesting to see where it lands. Im fortunate as I now have one physical and one NFT ('Burn to Ashes' - the irony!) and although its great to have a DH original, I still believe that this will always be the very first DH NFT, in years to come - whatever happens to the medium (which is here to stay IMO) there will be some value to this. No doubt members here will have their own opinions.
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Pawel
Junior Member
Posts โข 3,748
Likes โข 3,237
June 2015
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Damien Hirst NFT "The Currency", by Pawel on Jul 22, 2022 20:20:48 GMT 1, Burning is picking up the pace, over 2700 now. Over 200 burnt in the last 24 hours
Burning is picking up the pace, over 2700 now. Over 200 burnt in the last 24 hours
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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 23, 2022 19:27:57 GMT 1, Increasingly looking like a 50/50 split. If it is indeed an experiment, in the short term it looks as though the results are inconclusive. Perhaps that's the point of the whole thing, those in for a quick win or those playing the long game. Very much like the state of other financial markets. Money to be made either way. Does anyone actually think that their piece has a narrative other than how much the physical or nft, is or will be worth? Looking forward to seeing how this is represented going forward. Given the name of the performance the smart money must be keeping the nft? Thought?
Increasingly looking like a 50/50 split. If it is indeed an experiment, in the short term it looks as though the results are inconclusive. Perhaps that's the point of the whole thing, those in for a quick win or those playing the long game. Very much like the state of other financial markets. Money to be made either way. Does anyone actually think that their piece has a narrative other than how much the physical or nft, is or will be worth? Looking forward to seeing how this is represented going forward. Given the name of the performance the smart money must be keeping the nft? Thought?
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surf101
New Member
Posts โข 241
Likes โข 103
September 2018
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Damien Hirst NFT "The Currency", by surf101 on Jul 25, 2022 8:35:19 GMT 1, Yes its got a collectable narrative in the future when people look back to the project. Individual meanings and values of specific pieces less simple to determine right now.
Yes its got a collectable narrative in the future when people look back to the project. Individual meanings and values of specific pieces less simple to determine right now.
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moron
Junior Member
Posts โข 2,711
Likes โข 1,050
September 2017
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Damien Hirst NFT "The Currency", by moron on Jul 25, 2022 16:17:18 GMT 1, After watching these two videos below. How many people who decided to go for the NFT now think it's not such a good long term idea?
Physical art always has a value.
First video about "right clicking" all the NFT's online, explains why that is a very very bad and dangerous idea.
Second video by the lawyer chap explores what someone who bought an NFT actually owns. Which appears to ne nothing more than a link to an image hosted online.
After watching these two videos below. How many people who decided to go for the NFT now think it's not such a good long term idea?
Physical art always has a value.
First video about "right clicking" all the NFT's online, explains why that is a very very bad and dangerous idea.
Second video by the lawyer chap explores what someone who bought an NFT actually owns. Which appears to ne nothing more than a link to an image hosted online.
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moron
Junior Member
Posts โข 2,711
Likes โข 1,050
September 2017
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Damien Hirst NFT "The Currency", by moron on Jul 25, 2022 18:59:46 GMT 1,
""There are 1,660 Damien Hirst - The Currency owners, owning a total supply of 2,098 tokens ""
www.nft-stats.com/collection/thecurrency
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rinz
New Member
Posts โข 404
Likes โข 336
October 2019
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Damien Hirst NFT "The Currency", by rinz on Jul 27, 2022 12:06:44 GMT 1, Soo. The big day is up. What are you all doing? This is such a hard decision.. I guess i will end up taking the physical - for me, that is the safe choice. Will keep its value and probably rise a bit over time. The NFT - for me - would be a complete gamble. Buuuut, it is also a tempting gamble.
Remember his veil OG/edition will drop very soon. Probably after the burn date - wondering if the NFT holders will get priority.
Soo. The big day is up. What are you all doing? This is such a hard decision.. I guess i will end up taking the physical - for me, that is the safe choice. Will keep its value and probably rise a bit over time. The NFT - for me - would be a complete gamble. Buuuut, it is also a tempting gamble.
Remember his veil OG/edition will drop very soon. Probably after the burn date - wondering if the NFT holders will get priority.
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10th Mountain
New Member
Posts โข 447
Likes โข 274
December 2010
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Damien Hirst NFT "The Currency", by 10th Mountain on Jul 27, 2022 12:25:47 GMT 1, Soo. The big day is up. What are you all doing? This is such a hard decision.. I guess i will end up taking the physical - for me, that is the safe choice. Will keep its value and probably rise a bit over time. The NFT - for me - would be a complete gamble. Buuuut, it is also a tempting gamble. Remember his veil OG/edition will drop very soon. Probably after the burn date - wondering if the NFT holders will get priority. I would think that inevitable. He must reward the people who stayed with the NFT. I considered this before I burnt my NFT. I cannot see 5000 of the veil paintings, so not guaranteed. Although I am frequently wrong. The currency painting in your hand is a safe but not smart move.
Soo. The big day is up. What are you all doing? This is such a hard decision.. I guess i will end up taking the physical - for me, that is the safe choice. Will keep its value and probably rise a bit over time. The NFT - for me - would be a complete gamble. Buuuut, it is also a tempting gamble. Remember his veil OG/edition will drop very soon. Probably after the burn date - wondering if the NFT holders will get priority. I would think that inevitable. He must reward the people who stayed with the NFT. I considered this before I burnt my NFT. I cannot see 5000 of the veil paintings, so not guaranteed. Although I am frequently wrong. The currency painting in your hand is a safe but not smart move.
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RoboJ
Artist
Junior Member
Posts โข 1,201
Likes โข 1,329
July 2015
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Damien Hirst NFT "The Currency", by RoboJ on Jul 27, 2022 12:36:53 GMT 1, Why does he need to reward people who hold the NFT over people who hold the original works?
Its happened a few times now and appears to be a mechanism to try and maintain some value in NFT's. NFT's as an artwork will die off. It's clear that original works of art must always be of greater value than their digital representation by their very nature.
Why does he need to reward people who hold the NFT over people who hold the original works?
Its happened a few times now and appears to be a mechanism to try and maintain some value in NFT's. NFT's as an artwork will die off. It's clear that original works of art must always be of greater value than their digital representation by their very nature.
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Bendy Man
New Member
Posts โข 202
Likes โข 211
May 2018
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Damien Hirst NFT "The Currency", by Bendy Man on Jul 27, 2022 12:51:02 GMT 1, Burn rate has picked up a lot this morning - over 5,000 nfts burned now. I'm happy with my choice (physical).
Burn rate has picked up a lot this morning - over 5,000 nfts burned now. I'm happy with my choice (physical).
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Damien Hirst NFT "The Currency", by Schrรถdinger's Chat on Jul 27, 2022 14:24:33 GMT 1, I said to my friend the other day, it's going to be like brexit all over again 52/48, looking like quite a good guess with 35 minutes to go.
I said to my friend the other day, it's going to be like brexit all over again 52/48, looking like quite a good guess with 35 minutes to go.
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Riotcops
Junior Member
Posts โข 1,416
Likes โข 1,306
June 2018
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Damien Hirst NFT "The Currency", by Riotcops on Jul 27, 2022 14:30:35 GMT 1, Haven't seen a big jump so presumably DH hasn't made his decision yet. Im guessing 500 of each.
With each burn the physical decreases in value and the NFT increases...
Haven't seen a big jump so presumably DH hasn't made his decision yet. Im guessing 500 of each.
With each burn the physical decreases in value and the NFT increases...
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