Hello one and all,
It was recently suggested to me that I use more opportunities to articulate the what and whys with this project. Admittedly it is difficult to present coherently in social media because it is sequential and the nature of post views arbitrary.
Anyhow, here is a bit of a primer:
I have in recent years been thinking about how “value” is being divided with a greater and greater portion going to the less elegant algorithmic (digital) realm. Since the contest preceding our current age had always been that between spiritual and material one might view our current course as regressive. In this critique I am not promoting a particular religiosity, but an idea more along the lines of the Neoplatonist “as above, so below” sentiment with a mind to the menace of a yet below once more.
Somewhat ironically conscious of blockchain, I sought to present a cycle where a value would be generated then publicly vied for. However, it would be of material activated by spirit; an asset sold only to create itself again to the same but extended purpose. To give it a consequence beyond simply creating itself I mandated that half should go to some social betterment (Knowing well that this is abstract/subjective).
To begin I was keen also to initiate from an investment of zero and have it evolve exponentially in scale as it progressed. Of course there is no sum of a multiplied zero so I relied on the fact that I would somehow find the “seed” investment somewhere in the gutters or leaves under my feet. I wanted it to be at least a paper dollar because I felt it would make for a more salient kick-off point. I see nickels and dimes on the street every few days and wanted the source event to be a bit more noteworthy (pun intended).
As some of you know I did indeed find two crumpled fives while walking my dog and happily got started. The process mandated that I give half to charity and spend half on the work thus taking no profit for myself. Each work would be sold for double the last and this cycle would repeat indefinitely. I also initiated other firm guidelines that if interested, you can read the relavent entry in the timeline below.
So far things have transpired much to plan but I did want to mention a few considerations that have recently come to light.
For the last piece I had a surplus of ten dollars, nine of which was spent on a Meta Marketplace ad buy. My reasoning here is that at some point, selling only to my limited friend group will create a terminal stagnation. This caused an issue for some potential buyers because they felt that if being promoted this way the “product” should be immediately available. This wasn't possible because had it sold to the first party inquiring, it would have been up a mere few minutes.
Also other folks had been asking about acquiring it while it was being worked on. I suggested to them when finished I would give them a heads-up with a specific time after which it would be available. To be fair this had to be reflected in the ad as well.
If there are anyone with ideas addressing this conundrum please feel free to contact me with advice.
Otherwise I am enjoying the outlet. I am thinking of creative ways to extend the grandness including the addition of electronics, interaction with contributors and the application of materials from around the world with symbolic meaning. If you have any thoughts or suggestions feel free to mention them.
I am generally horrific at promotion but I’ll say this here even though it feels lame.
It would be helpful to my mission if you like, comment, share and/or re-post or just tell your friends about this project.
Thanks for your support and kind wishes!