![]() In February 2016, the mobile game »Spells of Genesis« (SoG) was released, whose playing cards were inscribed via BitCrystals tokens on Counterparty–protocol running on top of the Bitcoin blockchain. In September of the same year, the platform »Rare Pepe Wallet« was created, on which variants of the internet meme »Pepe the Frog« have since been traded in the cryptocurrencies Counterparty or PepeCash. However, it was not only in the art context that NFTs were experimented with. ![]() In the same year, the digital art register » ascribe« emerged in Berlin, then in 2015, the artist Harm van den Dorpel founded the » left gallery«, which has since offered digital works certified in the blockchain. Together with Anil Dash, he founded »Monegraph«, the first platform that used blockchain technology to authenticate digital objects. In May 2014, at the Rhizome conference »Seven on Seven at the New Museum, New York, artist Kevin McCoy sold a GIF on stage and published the transfer of ownership on the Namecoin blockchain. Because every piece of information in the blockchain is authenticated decentrally by thousands of computers, all transactions are transparent and unchangeable. So-called »smart contracts« embedded in the blockchain can, for example, ensure that artists automatically receive a certain percentage of the sales price on their cryptocurrency account every time one of their works is resold. Beyond that, however, technology also opens up new possibilities. The logic of scarcity and the rules of the traditional art market are transferred to the digital world. Digital works that can be copied infinitely at any time can now be transformed into unique pieces or limited series. The ZKM already acquired a number of NFTs in December 2017 and is now showing a selection of works from its own NFT collection as well as from private lenders on the cube screen.īlockchain technology – originally developed to create a digital equivalent to cash using cryptographic processes – is changing the economics of digital art. But only since this year, after a number of digitally certified images were sold for several million dollars, has a broader public taken notice of this development. The Magician A mysterious and Almighty character that enchants us with their powers.Since 2014, it has been possible to certify digital images with the help of blockchain technology and in this way produce unique items, so-called NFTs (Non-Fungible Tokens). This is a huge shift, and one the industry needs more of. We're beginning to see ourselves as critics and historians more than marketers and demand generators. This allowed us to let go of our suppositions about what's "supposed" to happen at Art Basel or an eCom event. We looked at this event as a chance to make a commentary on the silliness of business events where we sit in a room looking at one person, instead of each other, guided by the members on the team who have not been in eCom their whole career. The Jester Speaks truth for the disenfranchised, and their jokes are directed at those in authority. Our events creative director and choreographer, Kristen Vencel worked together with our producer, Chris Harry, to set the tone and the mood. Our team created custom music so that we wouldn't have to license existing music, and so we could control the length and pace. The Creator is a visionary and a dreamer, who pursues their goals with unwavering dedication. The Creator The parent of new ideas, visions, and realities. We intentionally hired dancers in their 50's to 70's to show that commerce knows no age. We focus on the fresh new faces (ahem, 30 under 30) and forget the value of our elders. So much of our industry despises wiser and older people we've become exclusionary.
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