British artist Damien Hirst and printmaker HENI Leviathan reportedly accepted two major crypto coins – Bitcoin (BTC) and Ether (ETH) – to be a payment measure for a print run of eight Hirst paintings.
Specifically, this development reportedly marks an additional fine art entity to enter the crypto sphere.
“For the first time, both HENI Leviathan and the artist Damien Hirst will be accepting Cryptocurrency for payment of editions, payments can be made by either Bitcoin or ether, as well as by credit or debit card.”
The prints are reportedly up for public purchases beginning February 25th, and will be available until the 3rd of next month. The value for every print will be standing at $3,000 (or .058 BTC/1.8 ETH, according to price at the time of publication), with each piece will be receiving a signature from Hirst.
In the announcement, Hirst – who has previously had his work showcased in the Museum of Modern Art – reportedly shared about the choice to make cryptocurrency a form of viable payment method, deeming it an act of faith in the ecosystem.
“It’s hard for any of us to trust anything in this life but somehow we manage it and we even find love and I love art and I love the crypto world and I am happy and proud to put my belief into Bitcoin and ether and accept them for this drop.”
HENI Leviathan accepting cryptocurrency payment can reportedly also mean that the institutional art sphere is gradually opening up to crypto adoption, as The printmaker is one of the most vastly respected individuals within the world of fine artists and collectors, as well as having featured runs from other artists of historical significance, nominally Gerhard Richter.