Damien Hirst, who was the UK’s richest artist in 2020 with a net worth of more than £315m, will destroy the artworks at his London gallery. He created 10,000 unique dot artworks in 2016, each with its own title, that were later linked to corresponding NFTs and sold for $2,000 each. Buyers were given the option of keeping the NFTs or trading them in for the physical artwork. Now, with 10,000 pieces sold, the results are in. 5,149, chose to keep their physical art, while 4,851 opted for NFTs. Hirst’s project, called “The Currency,” has reached its final phase: The real-life pieces that buyers rejected in favor of corresponding NFTs will be burned one by one. Hirst will set the works on fire himself at the gallery today, a day before the opening of Frieze London, one of the leading art fairs. Repost @withlobus #nftart #nftcommunity #socialcommentary #investmentstrategy