Damien Hirst, art history and crypto art

Our third essay on crypto art (co-authored with David Hawkes). The first one “The Marriage of Art & Money” dealt with the financial nature of the digital art NFTs, while the second “The Afterlife of the Aura” took up the thorny subject of materiality in contemporary art. This article explores the significance of Damien Hirst’s NFT project “The Currency” which recently entered its second phase—the redemption—when the owners of NFT tenders can exchange them for physical art. Once the painting is collected (in person, or via a shipping courier), its NFT is destroyed. This process cannot be reversed. We will not know how the experiment ends until late July 2022. To read the full text click on the image below.