Scenes from the First Rare Digital Art Auction
theparisreview.org
theparisreview.org
- They are rare
- They have meta data that associates them with something we would consider "art". That could be a music file, movie, but is most often an image or a "card".
People buy and trade them either to collect them because they think they're cool or to "play" them if they're associated with a game. Some artists create extra incentives involved in owning their art - for example one I know keeps a locked playlist on Soundcloud that only people that own his token can listen to. In all cases, any assets you buy will end up in a "wallet" that you can think of like a trading card binder. This wallet is public, so anyone can see what you own and prove that you own it.
Rare Digital Art takes a lot of forms and is an exploding medium. Rare Art Labs (rareart.io) helps traditional artists make RDA, Spells of Genesis is a card game using RDA, Crypto Kitties is like tamagachis on the blockchain, Rare Pepe Wallet takes the "rare pepe meme" concept from Reddit and makes it real, etc.
A: Otherwise pointless authenticity.
Q: So why do people spend so much effort identifying forgeries?
A: Because people, for some terrifying reason, value otherwise pointless authenticity.
For example: Sweepers Clock is a video sold as a limited edition art asset today, using a paper contract and traditional auction houses. It's very hacky and buyers often are worried they'll just "print" more copies, but it still sells and has value. I think rare digital art would be perfect for this kind of thing, less so a Hollywood film.
After the social media meltdown I lost interest into sharing more. Here [0] is a page with direct links to the animation postings, for the rest anybody interested can find more from this hint.
[0] http://chorasimilarity.github.io/chemlambda-gui/dynamic/rawu...
"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 is from McKenzie Wark, who is not known as a joker. http://www.e-flux.com/journal/85/156418/my-collectible-ass/
What motivates people to do this? Is it fear of missing out? Is it the potential to be a part of something new? Is it greed?
The article itself says nothing stops you from copying the digital art either. But that's not dissimilar from those factories in China pumping out cloned replicas of famous art:
> Just as you can share reproductions of the Mona Lisa, someone could still copy and paste the image, but the provenance and price history of the original are accessible to all. The original of these works is identifiable and cannot be replicated, which is why they are called “provably rare.”
It's just an alternative form of property rights, ownership claims, and selling art. A decentralized version of something that already exists. That's arguably value-add here in the crypto aspect depending on your worldview, or at a minimum the perpetuation of what already exists. Nothing is being destroyed.
Most of our complaints against copyrights are typically regarding the arbitrary (US) congressional laws around it and the anti-competitive anti-progress behaviour that the movie/music industry is notorious for. Where consumers just want to get easy access to full libraries of high-quality content. This development does nothing to help these companies achieve that easier and it also takes congress/centralized law out of the picture.