Deadline Nears for 'Currency' Holders

Deadline Nears for 'Currency' Holders

Holders of “The Currency” NFTs from artist Damien Hirst have until July 27 at 10 a.m. ET to decide whether they want to burn their token for a physical piece of art. 

There have been 2,374 wallets that have decided to burn their NFTs of the 10,000-edition collection to receive their corresponding works, which were created in 2016 by Hirst’s studio. Those who choose to keep their NFTs will see the physical version destroyed by Hirst (after an exhibition that has yet to be scheduled). 

The NFT is on the Palm blockchain and according to HENI, a London-based art services business and technology company that supports the distribution of “Currency,” there have been more than $87 million in sales on the platform. The highest sale on the platform was $10,868 for No. 6397, named “Uninvited” by Hirst.

“Currency” has also done more than 21,000 ETH in volume on OpenSea with an all-time high sale of 51 ETH (about $163,000 at the time of purchase) on Sept. 10, 2021.

More about Damien Hirst - The Currency

The Currency is a collection of 10,000 NFTs on the Palm blockchain by popular contemporary artist Damien Hirst. The NFTs also have 10,000 physical companions, stored in a vault in the United Kingdom. Collectors could either chose to retain the NFT version of Hirst's art, or burn the NFT to receive a corresponding physical artwork. The "burn window" closed on July 27, 2022 and around half of the supply was burned.

At the time of publish, the Damien Hirst - The Currency floor price sits at 4.199 ETH, and has stayed relatively flat over the past 24 hours on 8 ETH volume of transactions. Over the last 30 days, 2 sharp wallets have sold 2 NFTs and 2 sharp wallets have bought 2 NFTs in the Damien Hirst - The Currency collection. Catch up on other recent Damien Hirst - The Currency news here.

Recent Damien Hirst - The Currency Sales

#7859sold at 12/07 4:12pm for
4.20
#732sold at 12/07 4:12pm for
4.10
#1215sold at 12/06 12:12pm for
4.20
#5562sold at 12/06 4:12am for
4.07
#7833sold at 12/05 5:12am for
4.18

Recent Damien Hirst - The Currency Listings

#4254listed at 12/08 4:12pm for
4.20
#4254listed at 12/08 4:12pm for
4.20
#4240listed at 12/08 4:12pm for
4.80
#4240listed at 12/08 4:12pm for
4.80
#845listed at 12/07 10:12pm for
20.0
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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