On art and business and context and mirrors

In a way, crypto only magnifies or exposes the historically intimate ties between art, status and money. When we are in the thick of operating in the art system, it’s easy to forget how the aesthetic value, historical value, monetary value are actively negotiated for each art object. What web3 did was simply render art as a literal currency.

Paradoxically, an object whose image is very widely spread is a rare object, in the sense that few objects have their images spread widely. This can be exploited to create value in art objects that are not in the traditional sense rare and singular. The future of collecting may be less in owning the thing that nobody else has, and more in owning th... See more

Most of what the crypto world calls art is entertainment, or fashionable assets. They snatch your attention. They care more about making a tweet or a headline declaring they SOLD OUT, they set a HISTORICAL RECORD, and they tell you this is the art’s value. But the value of what? Monetary value is not a good indicator of the aesthetic value, the his... See more