• About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form
Tuesday, May 20, 2025
  • Login
No Result
View All Result
NEWSLETTER
BOB fm
  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form
  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form
No Result
View All Result
BOB fm
No Result
View All Result
Home Top News

UK’s richest artist Damien Hyster sets fire to thousands of works worth more than £10m | Culture

Lovell Massy by Lovell Massy
October 11, 2022
in Top News
0
UK’s richest artist Damien Hyster sets fire to thousands of works worth more than £10m |  Culture
0
SHARES
27
VIEWS
Share on FacebookShare on Twitter

Titled “The Currency”, the UK’s richest artist’s new exhibition is nothing more than a collection of 10,000 NFTs associated with 10,000 original pieces of art. Hirst’s idea was to give collectors the option to keep their NFT or exchange it for physical art. Paintings that aren’t changed by July 27 this year will have the same fate: fire.

More than half of collectors (5,149) chose to exchange their NFT for original, physical works of art, while 4,851 buyers decided to keep their non-fungible tokens, each valued at £2,000.

The process of burning more than 4,000 paintings began today at London’s Newport Street Gallery and will continue until the exhibition ends on October 30. The burning of the works is recorded via live streaming, which shows the artist setting his own works on fire one at a time.

On his Instagram, Hirst wrote, “Many people think that I burn art worth millions of dollars, but I don’t, I end up converting these physical works into NFT by burning the physical versions, digital value or physical art, it’s difficult. In the best of times the setting is not lost, they are transferred to NFT once they are burned. “.

Lovell Massy

“Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate.”

Lovell Massy

Lovell Massy

"Total creator. Devoted tv fanatic. Communicator. Evil pop culture buff. Social media advocate."

Next Post
The EU wants to train a million ‘deep tech’ professionals to compete with China and the US |  European Union

The EU wants to train a million 'deep tech' professionals to compete with China and the US | European Union

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Navigate

  • Home
  • Top News
  • World
  • Economy
  • science
  • Technology
  • sport
  • entertainment
  • Contact Form

Pages

  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form
  • About Us
  • Privacy Policy
  • DMCA
  • Editorial Policy
  • Contact Form

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • About Us
  • Contact Form
  • DMCA
  • Editorial Policy
  • Privacy Policy

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.