Damien Hirst burns artworks after collectors pick their NFTs instead

British artist Damien Hirst takes part in a burn event which is part of his latest NFT exhibition "The Currency", in London, Britain, October 11, 2022. REUTERS/Hannah McKay

Britain's Damien Hirst started burning hundreds of his artworks on Tuesday after collectors chose to keep their non-fungible tokens (NFTs), blockchain-based assets representing their digital images, instead.

Hirst, who found fame amid the 1990s Young British Artist scene, launched his first NFT collection "The Currency" - 10,000 NFTs corresponding to 10,000 original artworks depicting colourful spots - in July 2021.