lello
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November 2007
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Damien Hirst H10 • The Empresses, by lello on Feb 1, 2022 2:50:26 GMT 1, Do you get any kind of COA if you buy the physical and not the NFT? No COA issued on the physical.
It’s nearly worth getting the NFT just for the COA then!
Do you get any kind of COA if you buy the physical and not the NFT? No COA issued on the physical. It’s nearly worth getting the NFT just for the COA then! |
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Petrusino
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November 2011
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Damien Hirst H10 • The Empresses, by Petrusino on Feb 1, 2022 7:01:49 GMT 1, Why would the deed ever be worth more than the physical print? Why is this so confusing to everyone. The deed is not worth more than the physical, they are all tentatively priced the same. The NFTs cannot logically be more than the physicals as per the Currency. I live in US - I buy an NFT. Thus saving, $200 on shipping and $200 on taxes. Maybe $100 in storage. (The NFTs are strictly for investment, no one is going to buy the NFT if they want to hang it on the wall). I sell NFT deed to someone in Tasmania for $5000. They get the print shipped to them. I make $1500 vs $1000. Repeat 10x for how many NFTs people invest in.
when you sell your NFT on the Palm marketplace you should pay 5% as gas fees ... later you will lose more money if you want to make all the necessary transfers to convert the crypto money earned into real money (FIAT) to transfer on your bank account. Furthermore many novice people will have to try to buy ethereum or bitcoin first in order to buy your nft on Palm only to then turn it back into a physical copy.
Why would the deed ever be worth more than the physical print? Why is this so confusing to everyone. The deed is not worth more than the physical, they are all tentatively priced the same. The NFTs cannot logically be more than the physicals as per the Currency. I live in US - I buy an NFT. Thus saving, $200 on shipping and $200 on taxes. Maybe $100 in storage. (The NFTs are strictly for investment, no one is going to buy the NFT if they want to hang it on the wall). I sell NFT deed to someone in Tasmania for $5000. They get the print shipped to them. I make $1500 vs $1000. Repeat 10x for how many NFTs people invest in. when you sell your NFT on the Palm marketplace you should pay 5% as gas fees ... later you will lose more money if you want to make all the necessary transfers to convert the crypto money earned into real money (FIAT) to transfer on your bank account. Furthermore many novice people will have to try to buy ethereum or bitcoin first in order to buy your nft on Palm only to then turn it back into a physical copy. |
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robo
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November 2006
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Damien Hirst H10 • The Empresses, by robo on Feb 1, 2022 7:54:13 GMT 1, No COA issued on the physical. It’s nearly worth getting the NFT just for the COA then!
No COA issued on the physical. It’s nearly worth getting the NFT just for the COA then! I don’t think so. My understanding is you’d only ever own the NFT or the physical print - the former is redeemed (I expect burned) to obtain the latter. |
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Damien Hirst H10 • The Empresses, by That Print Guy on Feb 1, 2022 7:54:59 GMT 1, Why is this so confusing to everyone. The deed is not worth more than the physical, they are all tentatively priced the same. The NFTs cannot logically be more than the physicals as per the Currency. I live in US - I buy an NFT. Thus saving, $200 on shipping and $200 on taxes. Maybe $100 in storage. (The NFTs are strictly for investment, no one is going to buy the NFT if they want to hang it on the wall). I sell NFT deed to someone in Tasmania for $5000. They get the print shipped to them. I make $1500 vs $1000. Repeat 10x for how many NFTs people invest in. when you sell your NFT on the Palm marketplace you should pay 5% as gas fees ... later you will lose more money if you want to make all the necessary transfers to convert the crypto money earned into real money (FIAT) to transfer on your bank account. Furthermore many novice people will have to try to buy ethereum or bitcoin first in order to buy your nft on Palm only to then turn it back into a physical copy.
My sweet summer child...
Why is this so confusing to everyone. The deed is not worth more than the physical, they are all tentatively priced the same. The NFTs cannot logically be more than the physicals as per the Currency. I live in US - I buy an NFT. Thus saving, $200 on shipping and $200 on taxes. Maybe $100 in storage. (The NFTs are strictly for investment, no one is going to buy the NFT if they want to hang it on the wall). I sell NFT deed to someone in Tasmania for $5000. They get the print shipped to them. I make $1500 vs $1000. Repeat 10x for how many NFTs people invest in. when you sell your NFT on the Palm marketplace you should pay 5% as gas fees ... later you will lose more money if you want to make all the necessary transfers to convert the crypto money earned into real money (FIAT) to transfer on your bank account. Furthermore many novice people will have to try to buy ethereum or bitcoin first in order to buy your nft on Palm only to then turn it back into a physical copy. My sweet summer child... |
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robo
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Damien Hirst H10 • The Empresses, by robo on Feb 1, 2022 7:55:20 GMT 1, Why is this so confusing to everyone. The deed is not worth more than the physical, they are all tentatively priced the same. The NFTs cannot logically be more than the physicals as per the Currency. I live in US - I buy an NFT. Thus saving, $200 on shipping and $200 on taxes. Maybe $100 in storage. (The NFTs are strictly for investment, no one is going to buy the NFT if they want to hang it on the wall). I sell NFT deed to someone in Tasmania for $5000. They get the print shipped to them. I make $1500 vs $1000. Repeat 10x for how many NFTs people invest in. when you sell your NFT on the Palm marketplace you should pay 5% as gas fees ... later you will lose more money if you want to make all the necessary transfers to convert the crypto money earned into real money (FIAT) to transfer on your bank account. Furthermore many novice people will have to try to buy ethereum or bitcoin first in order to buy your nft on Palm only to then turn it back into a physical copy.
Why is this so confusing to everyone. The deed is not worth more than the physical, they are all tentatively priced the same. The NFTs cannot logically be more than the physicals as per the Currency. I live in US - I buy an NFT. Thus saving, $200 on shipping and $200 on taxes. Maybe $100 in storage. (The NFTs are strictly for investment, no one is going to buy the NFT if they want to hang it on the wall). I sell NFT deed to someone in Tasmania for $5000. They get the print shipped to them. I make $1500 vs $1000. Repeat 10x for how many NFTs people invest in. when you sell your NFT on the Palm marketplace you should pay 5% as gas fees ... later you will lose more money if you want to make all the necessary transfers to convert the crypto money earned into real money (FIAT) to transfer on your bank account. Furthermore many novice people will have to try to buy ethereum or bitcoin first in order to buy your nft on Palm only to then turn it back into a physical copy. Bridging NFTs or currency between Palm and Eth is not cheap either. |
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Feb 1, 2022 10:57:17 GMT 1, Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold.
Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid.
Buy only if you want to hang or hold for years. That's my advice.
FYI. I have copped two now #2 and #5.
Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold.
Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid.
Buy only if you want to hang or hold for years. That's my advice.
FYI. I have copped two now #2 and #5.
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Feb 1, 2022 11:02:57 GMT 1, Anyone on why you’d actually get the NFT deed!?
Anyone on why you’d actually get the NFT deed!? No VAT. |
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J6507G
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October 2020
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Damien Hirst H10 • The Empresses, by J6507G on Feb 1, 2022 11:03:21 GMT 1, Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold. Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid. Buy only if you want to hang or hold for years. That's my advice. FYI. I have copped two now #2 and #5.
My fave was number 5, the wife's number 2.... Needless to say we got number 2 (physical) I'm now debating whether to pull the trigger on 5 physical as well.... with intentions to display both... poss look to sell in 5 to 15 years maybe...?
Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold. Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid. Buy only if you want to hang or hold for years. That's my advice. FYI. I have copped two now #2 and #5. My fave was number 5, the wife's number 2.... Needless to say we got number 2 (physical) I'm now debating whether to pull the trigger on 5 physical as well.... with intentions to display both... poss look to sell in 5 to 15 years maybe...? |
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Damien Hirst H10 • The Empresses, by Happy Shopper on Feb 1, 2022 11:03:45 GMT 1, Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold. Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid. Buy only if you want to hang or hold for years. That's my advice. FYI. I have copped two now #2 and #5.
Will be interesting to see, if prices fall for the NFT speculators, how many aren't traded for their prints at the end of the 3 years.
Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold. Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid. Buy only if you want to hang or hold for years. That's my advice. FYI. I have copped two now #2 and #5. Will be interesting to see, if prices fall for the NFT speculators, how many aren't traded for their prints at the end of the 3 years. |
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avec art
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Damien Hirst H10 • The Empresses, by avec art on Feb 1, 2022 11:17:42 GMT 1, flipper's unable to make a satisfactory profit, and with no intention of ending up with the physical will become increasingly desperate to sell as the deadline approaches. Ultimately having to sell well under cost in order to redeem their crypto to spend on more attractive schemes.
flipper's unable to make a satisfactory profit, and with no intention of ending up with the physical will become increasingly desperate to sell as the deadline approaches. Ultimately having to sell well under cost in order to redeem their crypto to spend on more attractive schemes.
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Ads Army
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May 2021
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Damien Hirst H10 • The Empresses, by Ads Army on Feb 1, 2022 11:24:32 GMT 1, Interesting choices - #2 has not figured high in the Polls. #5 is like marmite - people love it or hate it.
I thoughts #1 would do much better but seems to be the weakest going by the comments and the polls!
For me there is no standout-must buy or weak-dont buy ! All in the average category which makes it more difficult !
Interesting choices - #2 has not figured high in the Polls. #5 is like marmite - people love it or hate it.
I thoughts #1 would do much better but seems to be the weakest going by the comments and the polls!
For me there is no standout-must buy or weak-dont buy ! All in the average category which makes it more difficult !
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Damien Hirst H10 • The Empresses, by Happy Shopper on Feb 1, 2022 11:26:12 GMT 1, flipper's unable to make a satisfactory profit, and with no intention of ending up with the physical will become increasingly desperate to sell as the deadline approaches. Ultimately having to sell well under cost in order to redeem their crypto to spend on more attractive schemes.
OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds.
flipper's unable to make a satisfactory profit, and with no intention of ending up with the physical will become increasingly desperate to sell as the deadline approaches. Ultimately having to sell well under cost in order to redeem their crypto to spend on more attractive schemes. OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds. |
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Feb 1, 2022 11:30:19 GMT 1, flipper's unable to make a satisfactory profit, and with no intention of ending up with the physical will become increasingly desperate to sell as the deadline approaches. Ultimately having to sell well under cost in order to redeem their crypto to spend on more attractive schemes. OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds.
flipper's unable to make a satisfactory profit, and with no intention of ending up with the physical will become increasingly desperate to sell as the deadline approaches. Ultimately having to sell well under cost in order to redeem their crypto to spend on more attractive schemes. OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds. Hopefully there will be a few bargains to sweep up. Two years down the line you could be picking these up very cheap. |
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casual
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November 2019
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Damien Hirst H10 • The Empresses, by casual on Feb 1, 2022 11:46:54 GMT 1, The amount of scare mongering about the price of these crashing is pretty amusing.
If you have a spare 5 minutes take a look through the Currency & Virtues threads, the same happened on those… pages & pages of those talking the pieces down & yet both proved to be very good investments indeed.
Full disclosure: I’ll be buying #4 as an NFT with a view of either exchanging for the physical if I can convince my wife we have space on the wall for it, or trade in a few years to come (within 3 obviously).
The amount of scare mongering about the price of these crashing is pretty amusing.
If you have a spare 5 minutes take a look through the Currency & Virtues threads, the same happened on those… pages & pages of those talking the pieces down & yet both proved to be very good investments indeed.
Full disclosure: I’ll be buying #4 as an NFT with a view of either exchanging for the physical if I can convince my wife we have space on the wall for it, or trade in a few years to come (within 3 obviously).
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u%hdjfka c
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Damien Hirst H10 • The Empresses, by u%hdjfka c on Feb 1, 2022 11:54:11 GMT 1, Name me a 100 x 100cm signed Hirst print that now sells for less than cost
Name me a 100 x 100cm signed Hirst print that now sells for less than cost
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njr911
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April 2007
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Damien Hirst H10 • The Empresses, by njr911 on Feb 1, 2022 12:09:08 GMT 1, OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds. Hopefully there will be a few bargains to sweep up. Two years down the line you could be picking these up very cheap. 
Still undecided but might have to get a butterfly
OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds. Hopefully there will be a few bargains to sweep up. Two years down the line you could be picking these up very cheap. That's what I thought about currency. 10,000 copies, how will they not go down. Luckily I have a few other Hirsts to dry my eyes with Still undecided but might have to get a butterfly |
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Damien Hirst H10 • The Empresses, by Lord Lucas Roham on Feb 1, 2022 12:20:30 GMT 1, The amount of scare mongering about the price of these crashing is pretty amusing. If you have a spare 5 minutes take a look through the Currency & Virtues threads, the same happened on those… pages & pages of those talking the pieces down & yet both proved to be very good investments indeed. Full disclosure: I’ll be buying #4 as an NFT with a view of either exchanging for the physical if I can convince my wife we have space on the wall for it, or trade in a few years to come (within 3 obviously).
The amount of scare mongering about the price of these crashing is pretty amusing. If you have a spare 5 minutes take a look through the Currency & Virtues threads, the same happened on those… pages & pages of those talking the pieces down & yet both proved to be very good investments indeed. Full disclosure: I’ll be buying #4 as an NFT with a view of either exchanging for the physical if I can convince my wife we have space on the wall for it, or trade in a few years to come (within 3 obviously). It's new territory. The crypto boys are in town and they play fast and loose. Simply cannot compare. |
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Damien Hirst H10 • The Empresses, by whatsthestory on Feb 1, 2022 13:01:21 GMT 1, I'm still very on the fence with this one
A few people have snaffled The Currency at around $12k recently and I can't help but think that is a much better buy than one of these for $4.2k
I'll leave it until later in the week and make a snap decision
I'm still very on the fence with this one
A few people have snaffled The Currency at around $12k recently and I can't help but think that is a much better buy than one of these for $4.2k
I'll leave it until later in the week and make a snap decision
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Damien Hirst H10 • The Empresses, by Happy Shopper on Feb 1, 2022 13:27:15 GMT 1, OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds. I'm now convinced you're a wind up. After umpteen people telling you the score, your comments suggest that you still don't get it.
I get it.. but the NFT still exists for people to do what they want with it... unless it gets burned out of their wallets, but I don't think that's possible, so even after the 3 years are up those NFTs CAN be traded (even if you call them a Deed)
The world of NFTs and their value makes little sense... so all I'm saying is that if people give them a perceived value, then that's their value.
Like a Banksy sticker that was never meant to be art, or have value, but does and is traded.
OR, they continue to trade the NFT Deed amongst themselves, as if it was an art NFT.... because at the end of the day, they don't care about the print and it's still a limited edition Damien Hirst NFT, in their minds. I'm now convinced you're a wind up. After umpteen people telling you the score, your comments suggest that you still don't get it. I get it.. but the NFT still exists for people to do what they want with it... unless it gets burned out of their wallets, but I don't think that's possible, so even after the 3 years are up those NFTs CAN be traded (even if you call them a Deed) The world of NFTs and their value makes little sense... so all I'm saying is that if people give them a perceived value, then that's their value. Like a Banksy sticker that was never meant to be art, or have value, but does and is traded. |
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J0NNY
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December 2014
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Damien Hirst H10 • The Empresses, by J0NNY on Feb 1, 2022 13:32:50 GMT 1, I'm now convinced you're a wind up Like a Banksy sticker that was never meant to be art, or have value, but does and is traded.
Troll number one right here 😂
I'm now convinced you're a wind up Like a Banksy sticker that was never meant to be art, or have value, but does and is traded. Troll number one right here 😂 |
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Morfx
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Damien Hirst H10 • The Empresses, by Morfx on Feb 1, 2022 13:45:50 GMT 1, Like a Banksy sticker that was never meant to be art, or have value, but does and is traded. Troll number one right here 😂
Troll No1? Feel free to correct me, but "Happyshopper" has been a fantastic longstanding member,very knowledgeable, no cloak and dagger bo!!ocks and definitely no axe to grind.
Sadly Sir, you are mistaken... Don't forget to close the door on the way out..x
Like a Banksy sticker that was never meant to be art, or have value, but does and is traded. Troll number one right here 😂 Troll No1? Feel free to correct me, but "Happyshopper" has been a fantastic longstanding member,very knowledgeable, no cloak and dagger bo!!ocks and definitely no axe to grind. Sadly Sir, you are mistaken... Don't forget to close the door on the way out..x |
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Damien Hirst H10 • The Empresses, by Happy Shopper on Feb 1, 2022 13:48:35 GMT 1, Like a Banksy sticker that was never meant to be art, or have value, but does and is traded. Troll number one right here 😂
Not intending to be a troll on this... Just stating a fact. Value on ephemera is unpredictable, and NFTs even more so!
Just because you call and NFT an "NFT Deed", is it in fact any different to a lot of other traded NFTs?
I know in the real world it would have little or no value, but this isn't the real world. It's a world where a bad cartoon of a monkey can be traded for millions.
I don't think we can know what value, if any, will be attached to these in 3 years.
Time will tell if they continue to be traded... Lets come back to this in 3 years and see what people are doing with them. 
Like a Banksy sticker that was never meant to be art, or have value, but does and is traded. Troll number one right here 😂 Not intending to be a troll on this... Just stating a fact. Value on ephemera is unpredictable, and NFTs even more so! Just because you call and NFT an "NFT Deed", is it in fact any different to a lot of other traded NFTs? I know in the real world it would have little or no value, but this isn't the real world. It's a world where a bad cartoon of a monkey can be traded for millions. I don't think we can know what value, if any, will be attached to these in 3 years. Time will tell if they continue to be traded... Lets come back to this in 3 years and see what people are doing with them. |
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J0NNY
Junior Member
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December 2014
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Damien Hirst H10 • The Empresses, by J0NNY on Feb 1, 2022 13:55:37 GMT 1, Troll number one right here 😂 Troll No1? Feel free to correct me, but "Happyshopper" has been a fantastic longstanding member,very knowledgeable, no cloak and dagger bo!!ocks and definitely no axe to grind. Sadly Sir, you are mistaken... Don't forget to close the door on the way out..x
What door?
Troll number one right here 😂 Troll No1? Feel free to correct me, but "Happyshopper" has been a fantastic longstanding member,very knowledgeable, no cloak and dagger bo!!ocks and definitely no axe to grind. Sadly Sir, you are mistaken... Don't forget to close the door on the way out..x What door? |
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Damien Hirst H10 • The Empresses, by Happy Shopper on Feb 1, 2022 14:06:07 GMT 1, Why would anyone be trading a useless receipt after the 3 years?!
Because all/most NFTs are just as useless.
It's a jpeg with an image of a bit of art, attached to a bit of code on the blockchain that you can "own".
That's all all/most NFTs are.
So, if I call one an NFT Deed and one an Art NFT, what's the difference in reality? Quality of the jpeg?
Some have "utility", like free umbrellas (Whoop), but most are pretty pointless, BUT traded like baseball cards or expensive stamp collections. Value is only a weird perceived value based on trading and speculation.
Not saying these will or won't have value... but I can see why the NFT collectors (non art people) have been questioning the "Deed" business and what it really means to them.
Does that make more sense?
Why would anyone be trading a useless receipt after the 3 years?! Because all/most NFTs are just as useless. It's a jpeg with an image of a bit of art, attached to a bit of code on the blockchain that you can "own". That's all all/most NFTs are. So, if I call one an NFT Deed and one an Art NFT, what's the difference in reality? Quality of the jpeg? Some have "utility", like free umbrellas (Whoop), but most are pretty pointless, BUT traded like baseball cards or expensive stamp collections. Value is only a weird perceived value based on trading and speculation. Not saying these will or won't have value... but I can see why the NFT collectors (non art people) have been questioning the "Deed" business and what it really means to them. Does that make more sense? |
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J0NNY
Junior Member
🗨️ 1,054
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December 2014
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Damien Hirst H10 • The Empresses, by J0NNY on Feb 1, 2022 14:06:17 GMT 1, Troll number one right here 😂 Not intending to be a troll on this... Just stating a fact. Value on ephemera is unpredictable, and NFTs even more so! Just because you call and NFT an "NFT Deed", is it in fact any different to a lot of other traded NFTs? I know in the real world it would have little or no value, but this isn't the real world. It's a world where a bad cartoon of a monkey can be traded for millions. I don't think we can know what value, if any, will be attached to these in 3 years. Time will tell if they continue to be traded... Lets come back to this in 3 years and see what people are doing with them.
I do get where you are coming from but this is just a virtual token used for redemption. If you don’t use it within the 3 years it’s just going to a be a token that’ has expired.
The sticker comparison would be more like an airdrop. Like the GE was for the Currency IMO.
Troll number one right here 😂 Not intending to be a troll on this... Just stating a fact. Value on ephemera is unpredictable, and NFTs even more so! Just because you call and NFT an "NFT Deed", is it in fact any different to a lot of other traded NFTs? I know in the real world it would have little or no value, but this isn't the real world. It's a world where a bad cartoon of a monkey can be traded for millions. I don't think we can know what value, if any, will be attached to these in 3 years. Time will tell if they continue to be traded... Lets come back to this in 3 years and see what people are doing with them. I do get where you are coming from but this is just a virtual token used for redemption. If you don’t use it within the 3 years it’s just going to a be a token that’ has expired. The sticker comparison would be more like an airdrop. Like the GE was for the Currency IMO. |
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teabaggins
New Member
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November 2018
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Damien Hirst H10 • The Empresses, by teabaggins on Feb 1, 2022 14:12:44 GMT 1, Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold. Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid. Buy only if you want to hang or hold for years. That's my advice. FYI. I have copped two now #2 and #5.
Or buy the NFT if you think you can make 15-20% here faster than you can in other investments. You also have to keep in mind gas fees for listing / transferring to other platforms.
Buyers lost cash on JR's Heni NFT. Giza. The project is a lame duck. You can't give them away. The gas fee is more than the NFT. All that Heni touches isn't gold. Re The Hirsts... These are in no way a slam dunk, the sheer volume of NFT community speculating on a quick flip with profit is astonishing, I am in a few NFT Discords and these are being purchased in their 1000s in the hope of an easy few quid. Buy only if you want to hang or hold for years. That's my advice. FYI. I have copped two now #2 and #5. Or buy the NFT if you think you can make 15-20% here faster than you can in other investments. You also have to keep in mind gas fees for listing / transferring to other platforms. |
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J0NNY
Junior Member
🗨️ 1,054
👍🏻 705
December 2014
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Damien Hirst H10 • The Empresses, by J0NNY on Feb 1, 2022 14:15:48 GMT 1, [/quote]Because all/most NFTs are just as useless.
I don’t think that’s really true in the long term. Just think 20 years from now a 30 year old still living at home with Mum wants some art to look at, he’ll be wanting digital art. Why? Because that’s where he’ll be spending most of his time. His Job, social life and leisure time could well be in the metaverse.
True Cryptopunks might well be ugly but then look at the physical art that gets bought, Gonefellow for example.
[/quote]Because all/most NFTs are just as useless.
I don’t think that’s really true in the long term. Just think 20 years from now a 30 year old still living at home with Mum wants some art to look at, he’ll be wanting digital art. Why? Because that’s where he’ll be spending most of his time. His Job, social life and leisure time could well be in the metaverse.
True Cryptopunks might well be ugly but then look at the physical art that gets bought, Gonefellow for example.
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Petrusino
Junior Member
🗨️ 1,103
👍🏻 545
November 2011
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Damien Hirst H10 • The Empresses, by Petrusino on Feb 1, 2022 14:31:08 GMT 1, "What happens if I don’t redeem the HENI Editions NFT Deed?
When you redeem the HENI Editions NFT Deed for the physical, the NFT gets burned.
If you fail to redeem the HENI Editions NFT Deed for the physical work before 10am ET February 5th 2025, you will lose your rights to the physical piece and HENI will be free to dispose of it however it wants (including not completing the work).
You can keep the NFT after the redemption date, but the purpose of these NFTs is to delay delivery and enable trading. They are a different category of NFTs to our artist drop NFTs. At the end of the three year redemption window, it will no longer be possible to redeem the NFT for the physical artwork."
"What happens if I don’t redeem the HENI Editions NFT Deed?
When you redeem the HENI Editions NFT Deed for the physical, the NFT gets burned.
If you fail to redeem the HENI Editions NFT Deed for the physical work before 10am ET February 5th 2025, you will lose your rights to the physical piece and HENI will be free to dispose of it however it wants (including not completing the work).
You can keep the NFT after the redemption date, but the purpose of these NFTs is to delay delivery and enable trading. They are a different category of NFTs to our artist drop NFTs. At the end of the three year redemption window, it will no longer be possible to redeem the NFT for the physical artwork."
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Damien Hirst H10 • The Empresses, by Art Buy Guy on Feb 1, 2022 14:41:25 GMT 1, Interesting choices - #2 has not figured high in the Polls. #5 is like marmite - people love it or hate it. I thoughts #1 would do much better but seems to be the weakest going by the comments and the polls! For me there is no standout-must buy or weak-dont buy ! All in the average category which makes it more difficult !
Interesting choices - #2 has not figured high in the Polls. #5 is like marmite - people love it or hate it. I thoughts #1 would do much better but seems to be the weakest going by the comments and the polls! For me there is no standout-must buy or weak-dont buy ! All in the average category which makes it more difficult ! Can you point me/us to one or the other of these polls, please? |
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nixon451
New Member
🗨️ 127
👍🏻 76
April 2006
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Damien Hirst H10 • The Empresses, by nixon451 on Feb 1, 2022 15:03:47 GMT 1, I find in interesting, that while every other print producer is moving in the direction of requiring a 2-3 year no sale clause, Heni has created a way to make is so much easier to re-sell their prints in the same time window.
I find in interesting, that while every other print producer is moving in the direction of requiring a 2-3 year no sale clause, Heni has created a way to make is so much easier to re-sell their prints in the same time window.
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