Nfts
Damien Hirst faces allegations of backdating thousands of paintings
Damien Hirst faces allegations of backdating thousands of paintings
British artist Damien Hirst faces allegations of backdating thousands of paintings in his NFT art project, “The Currency.” A recent survey suggests that at least 1,000 of the 10,000 dot paintings were made years after the claimed date of 2016.
Launched in 2021, “The Currency” featured 10,000 dot paintings where buyers had to choose between a physical painting or a matching painting. NFT, the unselected option being destroyed. Each painting bore the date 2016 and Hirst’s signature.
The project quickly sold out, generating nearly $90 million and over 5,000 buyers chose physical paintings, while nearly 4,000 NFTs selected, leading to the destruction of its physical counterparts. In October 2022, Hirst and his team publicly burned almost half of the physical collection during an Instagram live broadcast.
Source: Damien Hirst
Art community divided over poorly dated paintings
According to the investigation, supported by five anonymous sources involved in the creative process, many of these dot paintings were actually produced in 2018 and 2019. These sources described the large-scale production effort, involving painters at Hirst’s studios in Gloucestershire and London. , the “Henry Ford production line”.
In response to the allegations, Hirst’s lawyers said the dating of ‘Currency’ The paintings follow the artist’s usual practices and conventions of conceptual art. They argue that the date refers to the start of the project rather than the individual creation of each piece.
The artistic community is divided over these revelations and critics say the dating errors undermine the integrity of “The Currency”, while supporters believe it is consistent with Hirst’s artistic approach.
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