Damien Hirst Faces Allegations of Backdating Thousands of Paintings

in NFT

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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

In response to the investigation, supported by 5 nameless sources concerned within the creation course of, claims that many of those dot work have been really produced in 2018 and 2019. These sources described the large-scale manufacturing effort, involving painters in Hirst’s studios in Gloucestershire and London, the “Henry Ford manufacturing line.”

In response to the allegations, Hirst’s legal professionals said that the relationship of ‘The Foreign money’ work follows the artist’s ordinary practices and conceptual artwork conventions. They argue that the date refers back to the challenge’s inception reasonably than the person creation of every piece.

The artwork neighborhood is split over these revelations and critics argue that misdating undermines the integrity of ‘The Foreign money’, whereas supporters imagine it’s in keeping with Hirst’s inventive method.

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