2022
DOI: 10.1007/s10824-022-09445-8
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From the Artist’s Contract to the blockchain ledger: new forms of artists’ funding using equity and resale royalties

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Cited by 37 publications
(8 citation statements)
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“…To address these entrenched systems, we likely need policy entrepreneurship (Heidelberg, 2019) to redesign funding systems (Wilkerson, 2012) with the same level of creativity one might associate with art making. We may see new systems of support for artists develop around digital marketplaces for nonfungible tokens (Franceschet & Read, 2020;van Haaften-Schick & Whitaker, 2022) and more solidarity in unionization of art workers and risk-pooling by artists participating in markets (Whitaker, 2021a;Whitaker & Grannemann, 2019). Yet lack of economic support remains a material limitation to who can have careers in the arts.…”
Section: Discussionmentioning
confidence: 99%
“…To address these entrenched systems, we likely need policy entrepreneurship (Heidelberg, 2019) to redesign funding systems (Wilkerson, 2012) with the same level of creativity one might associate with art making. We may see new systems of support for artists develop around digital marketplaces for nonfungible tokens (Franceschet & Read, 2020;van Haaften-Schick & Whitaker, 2022) and more solidarity in unionization of art workers and risk-pooling by artists participating in markets (Whitaker, 2021a;Whitaker & Grannemann, 2019). Yet lack of economic support remains a material limitation to who can have careers in the arts.…”
Section: Discussionmentioning
confidence: 99%
“…or financial rewards through staking participation (van Haaften-Schick and Whitaker, 2022;Whitaker and Kraeussl, 2018).…”
Section: Conceptual Backgroundmentioning
confidence: 99%
“…Cloud computing technology optimizes the distribution of arithmetic power and the delivery of management systems, enabling seamless links between public and private platforms, while blockchain technology enables copyright protection and tracking, fostering the association of image works into image commodities. Besides, blockchain technology radically alters the risks of incomplete contracting and lowers transaction costs, making the Quixotic terms of the Artist's Contract newly actionable (van Haaften-Schick & Whitaker, 2022). VCG explored value-added business lines in digital asset management,…”
Section: Content Management Migrates To the Value Chain Era Of Vector...mentioning
confidence: 99%
“…Cloud computing technology optimizes the distribution of arithmetic power and the delivery of management systems, enabling seamless links between public and private platforms, while blockchain technology enables copyright protection and tracking, fostering the association of image works into image commodities. Besides, blockchain technology radically alters the risks of incomplete contracting and lowers transaction costs, making the Quixotic terms of the Artist's Contract newly actionable (van Haaften-Schick & Whitaker, 2022). VCG explored value-added business lines in digital asset management, combining the emerging technology family with its operational experience to develop a SaaS product, Visual Digital Asset Management (VDAM), which covers content acquisition, audit, publishing, sharing, and monetization in a closed-loop process that can be flexibly deployed in complex environments such as public, private, and hybrid clouds.…”
Section: Emerging Technology Drives the Iteration Of Workflowmentioning
confidence: 99%