'That is art!': Damien Hirst has begun burning thousands of his own paintings

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British artist Damien Hirst is burning thousands of his own paintings as part of a project titled 'The Currency'

Smoke rose from artist Damien Hirst's London gallery on Tuesday, as 1,000 of his signature"spot" paintings went up in flames. Thousands more will be reduced to ashes before the month is out.

At Tuesday's event, held the day before the Frieze London art fair, the exhibition space — with its long central workbench, the gallery assistants dressed in matching orange jumpsuits, and Hirst in a pair of silver trousers held up by braces — resembled a Santa's workshop of destruction. Despite the somber connotations of art-burning, the artist was jovial while destroying his work — smiling, making faces and chatting with journalists packed into the press corner.

Damien Hirst began burning thousands of his own artworks at London's Newport Street Gallery on Tuesday October 11.Produced in 2016, the original paintings were all signed, numbered and given unique titles. No two works are identical, and no two dots in a single painting are the same color. In July, after a year of trading, owners were able to"redeem" their NFTs. Most of the 5,149 collectors who opted to trade in their tokens have now been sent the paintings. The rest of the physical artworks will be burned at Hirst's private gallery between now and the end of October.

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