Speculation & Acceleration: Financialization, Art & The Blockchain

Participant(s)

Activity date	7 Jan 2019
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Description

This paper looks at the financialization of art and the economy through a discussion on how art functions as financial instrument and gains value by its circulations as images, digital objects and information. These economies of original and scarce artworks and the ubiquitous symbolic value of art as information also underpins by the new blockchain models presented by start-ups looking to ‘disrupt’ the art market. Artists are also are exploring finance as medium through their work as a reflection on their own economies and practices. Through an analysis of artist projects and start-ups, this paper explores the new models and possibilities of blockchain for the economies of art.

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Links Art Machines: International Symposium on Computational Media Art will take place from 4th -7th January 2019 at the School of Creative Media, City University of Hong Kong. ‘Art Machines,’ will bring together Academics, Artists and Professionals in the field of Computational Media Art in a four-day symposium whose core theme will be the topic of Machine Learning and Art. This agenda-setting Symposium will provide an opportunity for in depth reflection upon and assessment of the impact of artificial intelligence on the making of computational art and media, as well as to reflect more broadly on the conditions of existence, range, and futures of computationally based art and media. In addition to the academic keynotes, panels and discussion forums the conference will include the presentation of artistic projects, a major concurrent exhibition on Asian Digital Art and a student-led Workshop.