The dispute has shed light on the controversy and debate surrounding DTV ownership. People who buy NFTs do not own the physical artwork and as a result, digital versions are sometimes sold without permission from the original owners, resulting in disputes over intellectual property and leading the way to possible legal proceedings.
At the time, Ben Moore said he “regrets that some artists were taken by surprise” by the online launch and that he has since removed works at their request.
However, Shrigley revealed that he also had his work copied “fraudulently”, “ripped off” and sold as NFT on the same OpenSea website – although he never did an NFT himself.
“There is no point in taking legal action,” he said. “My response is to post on social media ‘these are not my NFTs – you get ripped off if you buy them’ and then they tend to go away pretty quickly because you mention the website in question and they don’t want to really that. But yeah, I mean, I get ripped off all the time, it’s part of what I do.
“I just accept that it’s going to happen,” he added. “And in a way, it’s a form of flattery because you’ve reached a certain point where people are going to want to rip you off.”
Despite his concerns about NFTs, Shrigley revealed he was in talks with the Stephen Friedman Gallery in London, where his current exhibition, the Mayfair Tennis Ball Exchange, about making an NFT himself – and “we’re trying all to understand what “they are.
“With NFTs, you’re swapping something that’s notional for something that’s just as notional, which is kind of interesting and weird – but there has to be some sort of sinister aspect as well, because we live in a advanced capitalist society, and the interests of a society are very well served by the complexities of the economic system ”.
“The jury is still out on NFTs, and I think you have to do one to figure out if they’re unnecessary or not,” he said, though.
However, he worries “that just because it’s new technology doesn’t make it good.” In fact, he said, “the vast majority of the FN are going to be pretty insignificant.”