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have you heard of Hirst's "The Currency"? i suspect that most buyers will choose to burn the physical copy. collectible art is moving to the digital era, and ce
by dropnerd 5y ago
have you heard of Hirst's "The Currency"? i suspect that most buyers will choose to burn the physical copy. collectible art is moving to the digital era, and certificates are the scarcity mechanism.
> The way The Currency works is that collectors will not be buying the physical artwork immediately. Instead, they will pay $2,000 for the NFT and then have a year to decide whether they want the digital or the physical version. Once the collector selects one, the other will be destroyed.
https://www.fastcompany.com/90657113/damien-hirsts-the-currency-questions-everything-you-thought-you-knew-about-art-and-money https://www.fastcompany.com/90657113/damien-hirsts-the-curre...