What is The Currency?

The Currency is the first NFT collection by Damien Hirst. It consists of 10,000 NFTs that correspond to 10,000 unique physical artworks which are stored in a secure vault in the UK. The physical artworks were created by hand in 2016 and each work is uniquely numbered and has an original title. 

There is a limited application period of one week where you can sign up for the chance to participate in The Currency. Successful applicants will all initially receive NFTs. Ultimately, you have to decide between the digital NFT or the physical artwork, both of which are artworks in their own right. This is a one-way process, for which you have one year to decide. If you decide to exchange your NFT for the physical artwork, the NFT will be burned. Alternatively, if after one year you have decided to keep the NFT, the physical artwork will be destroyed.