White Male Artist (AKA Cassils) - $HT Coin by White Male Artist (AKA: Cassils) New York Thursday, July 29, 2021 | Phillips
  • After Cassils


    Excrement after eating the diet of Cassils for one day. Signed, numbered and dated “White Male Artist - July 28, 2021”


    Medium: Tin can, printed paper and excrement (coffee, oat milk, Manitoba hemp powder, frozen strawberries, low-fat Greek yogurt, banana, coconut milk, spinach, vitamin b, vitamin b12, fish oil, vitamin d, vitamin c, bile salt, magnesium, DHEA, turmeric, testosterone, chicken breast, sweet potato, kale, arugula, spinach, red pepper, radish, purple cabbage, radicchio, feta cheese, balsamic, olive oil, cherries, mixed nuts, water, hummus, gluten free Mary’s crackers, salmon, broccoli, butter) source


    Dimensions: 48 × 65 × 65 mm, 30g


    Starting Price: 30 grams of gold


    Estimate: to the moon

     

    The First Durational NFT Performance Piece

     

    In May 1961, artist Piero Manzoni canned his shit for sale. Called Artist's Shit (Merda d'artista), the tins were originally priced at their weight in gold ($37). In August 2016, one tin sold for a new record of €275,000 ($330,000+) at an art auction in Milan.

     

    Piero Manzoni, Artist's Shit No. 014, 1961. The Museum of Modern Art, New York. Digital Image © The Museum of Modern Art/Licensed by SCALA / Art Resource, NY. © 2021 Artists Rights Society (ARS), New York / SIAE, Rome

    Now 60 years later, Cassils is canning their shit in the form of an NFT. Called $HT Coin, this durational performance takes place from July 1–30, 2021. Each day Cassils eats a series of meals based on the diets of the most financially successful contemporary (white male) artists. Does the $HT they produce have the same value? $HT Coin parasitically mutates Manzoni’s critique onto the blockchain. Allocating assets in a Duchampian manner Cassils puts the Data into Dada.


    The collection of tins will be auctioned at a starting price of $1,800, the rough estimate of 30 grams of gold. On July 29–30, over a 24 hour period, Phillips will auction off the final cans of the top-grossing white male artists: Banksy, Damien Hirst, Jeff Koons, and Andy Warhol, as well as Cassils's own can, based on their detox diet. As part of the Phillips auction, these 5 physical cans are on display and will be available to the winning bidder of each NFT.


    $HT Coin is released into a market where only 2% of the top-grossing contemporary artists are not cisgender men. With this project, Cassils brings gender and racial inequality into focus within the greater arts and crypto community, giving 10% of all sales to start a fund for BIPOC Trans and Non Binary Visual Artists supported by For Freedoms, an artist-led organization that models and increases creative civic engagement, discourse and direct action.


    To offset carbon emissions, Cassils has calculated the cost of the carbon footprint of minting 33 NFTs (the equivalent of driving your car 15,000 miles) and will contribute the equivalent proceeds to artist jackie sumell's project Solitary Gardens, which turns solitary confinement cells into garden beds. The contents are designed by prisoners serving their sentences in isolation and gardened by proxies on the outside. Central to this project is a call to end the inhumane conditions of solitary confinement, simultaneously inspiring compassion necessary to dismantle systems of punishment and control.

     

    The White Male Artist Manifesto 

     

  • The artist has created a physical piece to accompany the NFT (the physical piece includes: a tin can measuring 48 × 65 × 65 mm “Physical Companion”). The Physical Companion will be on display at Phillips’ Park Avenue Gallery from July 26 to July 30. The Physical Companion is not part of the Lot offered by Phillips and is not covered by Phillips’ Authorship Warranty. Phillips makes no representations or warranties about its nature, condition, description, uniqueness, functionality, compatibility, durability, or the availability of this physical work, either now or in the future, or that it will function in the manner Seller intends. 


    The Buyer may request in writing, for Phillips to release or deliver the Physical Companion to Buyer. Buyer’s written notice must be received by Phillips within 30 days from the end date of the Online Auction. Phillips will only release arrange or deliver the Physical Companion to the Buyer upon Phillips’ receipt of full payment of the Lot’s Purchase Price. 
     

    The Buyer will be responsible for paying all shipping charges associated with a delivery of the Physical Companion by Phillips to Buyer. Phillips will not be responsible to Buyer at any time for any physical loss or damage to the Physical Companion.  For further terms and conditions regarding the Physical Companion, please review our Conditions of Sale

  • Further Information on NFTs

    Which currency will bidding be denominated in?

    The auction will be conducted and invoiced in US dollars (USD).

    What forms of payment are accepted?

    Payments are due in either USD or in Ether. Each bidder will be responsible for conducting their own U.S. Dollar to Ether cryptocurrency conversion throughout the online-only auction and at the time of each of their bids, and you acknowledge and agree that cryptocurrency rates fluctuate regularly and the conversion rate may change during the course of the online-only auction and you are responsible for the payment of a winning bid at the rate of exchange at the time payment is made by you, and not at a previous rate of exchange.

    Are there resale royalties due to the artist on secondary market sales?

    The NFT is subject to resale royalties on any subsequent resales of the NFT. On any subsequent resale of the NFT, the successful bidder and buyer of the NFT at the auction may be obligated on Seller’s behalf to collect and remit to Seller resale royalties as applicable equal to 10% of the sale price of the NFT. Other resale royalties and transaction duties imposed by law may also apply in relation to such resales.

    PLEASE NOTE THAT BY REGISTERING TO BID YOU AGREE TO THE FOLLOWING:

    • You are bidding as principal and not on behalf of anyone else

    • You have a wallet capable of supporting and accepting a ERC721 token

    • You accept and understand that payment can be made in Ether only if made:

      • from a single wallet registered to you;

      • using funds belonging to you; and

      • maintained by one of the following:

        • Coinbase Custody Trust;

        • Coinbase, Inc.;

        • Fidelity Digital Assets Services, LLC;

        • Gemini Trust Company, LLC; or

        • Paxos Trust Company, LLC.

     
    Payments from digital wallets hosted at other exchanges or self-hosted wallets will not be recognized or accepted and in such circumstances payment will be required in US dollars.
     
    If you are the successful bidder you agree to provide us with all information and documentation, we request in order to verify your identity and to confirm that the Ether payment was made from a digital wallet registered in your name and maintained at by one of the platforms above. Partial payments of a lot from multiple digital wallets will not be accepted.
     
    Please view the full Conditions of Sale.

    • Provenance

      The Artist

1

$HT Coin: After Cassils

Token ID: 33
Contract Address: 0xa1dd...4296

Non-Fungible Token (ERC-721)
MP4: 268.5MB (267,043,670 bytes), 1914 × 1914px, HD, 1:00, stereo
Minted on July 28, 2021, this work is unique.

Full Cataloguing

Estimate On Request

Sold for $10,710

Contact Specialist

Rebekah Bowling
Head of Day Sale, Afternoon Session
New York

1 212 940 1250
rbowling@phillips.com