PE Ledger

Damien Hirst Has Now Created 10,000 NFTs Based on That Viral Drake Album Cover He Designed, According to Art Industry News

The dismantling of 18th-century tapestries in Rome infuriates art historians while a Berlin dealer opens an NFT exhibition.

Museums Must Own Up to Slavery Links, According to Tate Show Curator –

The Tate Britain exhibition “Life Between Islands: Caribbean-British Art 1950s–Now,” according to curator David A Bailey, has set an example for how British institutions might confront their patronage’s links to slavery.

Sir Henry Tate, an industrialist who gained his money from the sugar trade, which was tied to slave labour in the Caribbean, founded the Tate Collection in the late 1800s.

It’s important to remember that not everything at an art fair is for sale.

The New York Times examines the tried and tested practise of preselling, a process that might be confounding to the inexperienced, ahead of the beginning of Art Basel Miami Beach this week.

Why bring a piece that has previously been sold to a fair?

It’s often a matter of security, as David Zwirner highlighted at Art Basel in September: “We presold a lot of stuff, not knowing what the fair would bring us.” “It’s preferable to be safe than sorry.”

NFTs of Drake’s Album Cover by Damien Hirst –

Damien Hirst, never one to pass up a cross-over opportunity, coined 10,000 NFTs for the cover he designed for Drake’s album Certified Lover Boy.

The NFTs, titled Great Expectations, was “airdropped” for free as a Thanksgiving present to holders of Hirst’s flagship NFT project, The Currency; they were not offered for public sale. But that didn’t stop some of the new owners from taking advantage of the situation. Several Great Expectations NFTs were listed on OpenSea for at least 1.1 ETH ($4,500) each not long after.

Tapestries are being removed from the French Academy, causing a stir

More than 150 art historians and academics have signed a petition condemning the French Academy in Rome’s decision to remove tapestries from its Grand Salon in response to concerns from some of the school’s young artists. The tapestries have links to Europe’s imperial past, as they were inspired by a series of exotic paintings delivered to Louis XIV by the former Dutch governor of Brazil.

Those who oppose the decision claim that it is the product of cancelled culture and a “purification” effort motivated by “hate stoked by fanatics.”

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