What if we tell you that you can purchase Damien Hirst painting worth $54K USD at one-third of the price? True, it is possible with NFTs.
How to buy a Damien Hirst painting at this lower price?
If you are aiming to purchase some traditional art next year. The best option probably be through NFTs. As stated, Damien Hirst painting, “You do not need to say It today” is available at OpenSea as an NFT for 3.55 ETH ($14,000).
After buying the NFT, you can physically redeem it for a while. In addition, purchasing an NFT version will protect you from “hammer costs” as well, which is a costly premium paid by all purchaser of a physical auction.
While this art was released 12 months ago, it is yet ready for purchase.
Presently, different NFT series’ are available which can be redeemed for their physical versions. Examples include Rebirth NFT series, Masters of Horror, and others.
The NFT Damien collection called “The Currency” contains 10,000 units. Each of the stained works was created through machine learning technology. The interesting thing is that these series’ are presented with poetic titles like Grandfather to the Gang, The collectors have the choice of either keeping it or exchanging it for one of the works. Anyway, if the collectors do not exchange it by July 27, 2022, the relevant artwork will be lost.