British artist Damien Hirst faces allegations of backdating 1000’s of work in his NFT artwork challenge, ‘The Foreign money’. A current investigation means that not less than 1,000 of the ten,000 dot work have been produced years later than the claimed date of 2016.
Launched in 2021, ‘The Foreign money’ featured 10,000 dot work the place consumers had to decide on between a bodily portray or a corresponding NFT, with the unselected possibility being destroyed. Every portray was inscribed with the date 2016 and Hirst’s signature.
The challenge bought out shortly, producing almost $90M and over 5,000 consumers selected bodily work, whereas virtually 4,000 chosen NFTs, ensuing within the destruction of its bodily counterparts. In October 2022, Hirst and his staff publicly burned virtually half of the bodily assortment throughout an Instagram livestream.
Artwork Neighborhood Divided Over Misdated Work
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