{"id":6299,"date":"2023-04-21T21:17:06","date_gmt":"2023-04-21T21:17:06","guid":{"rendered":"https:\/\/nft.runfyers.com\/index.php\/2023\/04\/21\/damien-hirsts-new-a-i-project-which-asked-collectors-to-generate-their-own-paintings-earned-him-20-million-in-nine-days-artnet-news\/"},"modified":"2023-04-21T21:17:06","modified_gmt":"2023-04-21T21:17:06","slug":"damien-hirsts-new-a-i-project-which-asked-collectors-to-generate-their-own-paintings-earned-him-20-million-in-nine-days-artnet-news","status":"publish","type":"post","link":"https:\/\/nft.runfyers.com\/index.php\/2023\/04\/21\/damien-hirsts-new-a-i-project-which-asked-collectors-to-generate-their-own-paintings-earned-him-20-million-in-nine-days-artnet-news\/","title":{"rendered":"Damien Hirst&#8217;s New A.I. Project, Which Asked Collectors to Generate Their Own Paintings, Earned Him $20 Million in Nine Days | Artnet News"},"content":{"rendered":"<p><\/p>\n<div data-post-id=\"2289386\">\n<p><em>The Beautiful Paintings<\/em>, Damien Hirst\u2019s<a href=\"https:\/\/news.artnet.com\/market\/damien-hirst-the-beautiful-paintings-generative-art-heni-2279522\" target=\"_blank\" rel=\"noopener\"> most recent project of A.I.-generated works<\/a>, has proved a lucrative venture for the British artist and his technological collaborator, <a href=\"https:\/\/heni.com\/spins\" target=\"_blank\" rel=\"noopener\">HENI<\/a>. In a nine-day sale that ended on April 10, Hirst sold 5,508 paintings (5,109 physical artworks and 399 NFTs) and generated $20.9 million in revenue.<\/p>\n<p>The project is a digital remix of Hirst\u2019s <em>Spin Paintings<\/em> from the 1990s and outsourced considerable creativity to collectors\u2014albeit channeled through artificial intelligence.<\/p>\n<p>Using HENI\u2019s dashboard, collectors could determine the colors, style, size, and shape of the work they wanted to generate. <em>The Beautiful Paintings<\/em> claimed to push the boundaries of art and wow people, though, in reality, the experience of click-tinkering on HENI felt reminiscent of customizing a pair of sneakers on NikeID in the early 2010s.<\/p>\n<div id=\"attachment_2279565\" style=\"width: 815px\" class=\"wp-caption aligncenter\"><\/p>\n<p id=\"caption-attachment-2279565\" class=\"wp-caption-text\">Damien Hirst, <em>The Beautiful Paintings<\/em> (2023). Photo: Prudence Cuming Associates Ltd.<\/p>\n<\/div>\n<p>Regardless, collectors went big on <em>The Beautiful Paintings<\/em>, quite literally.<\/p>\n<p>The largest size on offer for Hirst\u2019s squares and circles (extra-large, 100cm in diameter) were the most lucrative, generating $11.6 million. Circles also proved nearly three times more popular than squares, and physical works more popular than digital ones\u2014under 10 percent of the works created were NFTs.<\/p>\n<p>This point on the enduring popularity of physical works was somewhat proved in Hirst\u2019s previous project straddling the line of physical and digital art: 2021\u2019s <a href=\"https:\/\/news.artnet.com\/market\/damien-hirst-newport-street-gallery-burn-2190205\" target=\"_blank\" rel=\"noopener\"><em>The Currency<\/em><\/a>. Collectors were issued a physical and digital version of the same work and then forced to burn one of them. The majority opted to ditch their NFT for the physical Hirst.<\/p>\n<p>Nonetheless, the project earned the artist upwards of $89 million, according to his book on the collection, <em>The Currency: Chronicles<\/em>.<\/p>\n<p>Since gaining major art world attention in the late 1980s as part of the <a href=\"https:\/\/news.artnet.com\/art-world\/london-gets-new-gallery-birthplace-ybas-1234274\" target=\"_blank\" rel=\"noopener\">Young British Artists<\/a>, Hirst\u2019s work has come to be seen by collectors as a valuable investment. Somewhat perversely, Hirst has been one of his biggest collectors, courting controversy through engaging in unusual market practices such as <a href=\"https:\/\/www.nytimes.com\/2003\/11\/27\/arts\/damien-hirst-makes-a-strategic-purchase-his-own-work.html\" target=\"_blank\" rel=\"noopener\">buying back his own work<\/a>, an act some have labelled market manipulation.<\/p>\n<p>Despite this critique, as proven by <em>The Beautiful Paintings<\/em>, his work continues attract collectors\u2014or investors, if you\u2019re cynically minded.<\/p>\n<p>\u00a0<\/p>\n<p><b><span data-contrast=\"none\">More Trending Stories:<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/colchester-vase-sports-memorabilia-2270088\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">A Roman-Era Vase, Once Considered a Cremation Vessel, Turns Out to Be an Early Form of Sports Memorabilia for a Gladiator Fan<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/miriam-cahn-decision-paris-2285399\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">A Court Has Ruled That a Controversial Miriam Cahn Painting, Targeted by Far-Right Censors, Can Remain Hanging at the Palais de Tokyo<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/asia-society-muhammad-artwork-censorship-2286435\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Asia Society Walks Back Its Decision to Blur Depictions of the Prophet Muhammad in an Online Exhibition Following Accusations of Censorship<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/market\/sothebys-glitch-art-auction-relaunch-2285961\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Sotheby\u2019s Glitch Art Sale, Which Was Paused Due to Online Backlash, Has Relaunched With a Newly Diverse Lineup of Artists<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/workers-at-royal-museums-of-art-and-history-brussels-toxic-work-environment-2284754\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">Workers at a Brussels Museum Describe a \u2018Toxic\u2019 Work Environment Under Its Director\u2019s Rule of \u2018Terror\u2019<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/australian-metal-detectorist-gold-rock-2276631\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">An Australian Man Using a Budget Metal Detector Discovered a 10-Pound Chunk of Gold Worth $160,000<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/palm-beach-car-damages-tananbaums-damien-hirst-2283707\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">A Rolls-Royce Driver Plowed Over a $3 Million Damien Hirst Sculpture on the Palm Beach Lawn of a Prominent Collector Couple<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/news.artnet.com\/art-world\/stained-glass-window-historic-depiction-of-jesus-as-person-of-color-rhode-island-2282905\" target=\"_blank\" rel=\"noopener\"><span data-contrast=\"none\">The First Stained-Glass Depiction of Jesus as a Black Man Has Been Discovered in the Window of a Small Rhode Island Church<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:0,&quot;335559739&quot;:160,&quot;335559740&quot;:276}\">\u00a0<\/span><\/p>\n<p><em>Follow <a href=\"https:\/\/www.facebook.com\/artnet\" target=\"_blank\" rel=\"noopener\">Artnet News<\/a> on Facebook: <\/em><br \/>\n<iframe loading=\"lazy\" src=\"https:\/\/www.facebook.com\/plugins\/like.php?href=https%3A%2F%2Ffacebook.com%2Fartnet&amp;width=156&amp;layout=button_count&amp;action=like&amp;size=large&amp;show_faces=false&amp;share=false&amp;height=46&amp;colorscheme=dark&amp;appId=1094996403930552\" width=\"100\" height=\"28\" style=\"border:none;overflow:hidden\" scrolling=\"no\" frameborder=\"0\" allowtransparency=\"true\"><\/iframe><br \/>\n<br \/>\n<em><a href=\"http:\/\/link.artnet.com\/join\/522\/newscta&amp;hash=8e9534fb495110baf97a368037111816\" target=\"_blank\" rel=\"noopener\">Want to stay ahead of the art world? Subscribe to our newsletter to get the breaking news, eye-opening interviews, and incisive critical takes that drive the conversation forward.<\/a><\/em>\n\t\t\t\t\t\t\t\t<\/div>\n<p><a href=\"https:\/\/news.artnet.com\/market\/hirst-beautiful-paintings-sale-20-million-9-days-2289386\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Beautiful Paintings, Damien Hirst\u2019s most recent project of A.I.-generated works, has proved a lucrative venture for the British artist and his technological collaborator, HENI. In a nine-day sale that ended on April 10, Hirst sold 5,508 paintings (5,109 physical artworks and 399 NFTs) and generated $20.9 million in revenue. The project is a digital [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6300,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[16],"tags":[33,239,286,287,242,285,288,289,292,290,293,291],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/p-news-uploads.storage.googleapis.com\/2023\/04\/114.-Damien-Hirst-with-The-Beautiful-Paintings-Damien-Hirst-2023-scaled.jpg","jetpack_sharing_enabled":true,"jetpack_likes_enabled":true,"_links":{"self":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/6299"}],"collection":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/comments?post=6299"}],"version-history":[{"count":0,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/posts\/6299\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media\/6300"}],"wp:attachment":[{"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/media?parent=6299"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/categories?post=6299"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nft.runfyers.com\/index.php\/wp-json\/wp\/v2\/tags?post=6299"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}