On 11 October 2022, Damien Hirst burned 1,000 of his own artworks as part of The Currency.

The Currency is a collection of 10,000 NFTs which corresponded to 10,000 unique physical artworks created by Hirst. Collectors were given a choice; to keep the NFT or exchange it for a physical artwork. Receiving the physical artwork required collectors to ‘burn’ their NFT, while those that opted to keep an NFT did so knowing that the corresponding painting would be burned.

Hirst decided to keep his 1,000 artworks in NFT form, which meant that the artist would, for the first time, have to burn his own art. During this special event, Hirst initiated the burn process by setting fire to each of his 1,000 paintings, one at a time.

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