Officially out of stealth (but still in private beta) how we are bringing the best of web3 to the ultra contemporary art market in @nytimes by @rpogrebin https://t.co/JwkV9lkVMv
When @charliejarvisny, then a student at Stanford, helped launch art-tech company @fairchainHQ in 2019, she didn’t know how often artists miss out on future purchase royalties. Now, she and co-founder Max Kendrick work to make sure artists get their due https://t.co/dz5OYqIA47
In a rapidly changing world that lives more online than off, the ever-evolving art market has an appetite for #art beyond the physical.
In partnership with @fairchainHQ, #SaatchiArt presents Under the Radar, our new digital exhibition of #digitalart: https://t.co/yyGTUKu0bj
“as more and more money comes into the art world—more and more international money…oligarchic money, why not—a lot of people don’t know if their artworks are real.” (Simmons saw a forged piece purportedly made by her husband, go up for auction)” https://t.co/gIXaxvCOEC
“flipping is so common that the art world has almost grown desensitized to it…the U.S. has no federal legislation mandating resale rights for artists, & this problem has been felt by emerging talents … & by grandees like Kerry James Marshall” https://t.co/YSU6ug2Qai
Looking fwd to chopping it up w @fairchainHQ co-founder Max Hendrick, & co-panelists @KelaniNichole and @LaurenVHS.
Max pub’d a 🔥 @nytimes article abt the topic we’ll explore: best practices to protect artists econ rights w blockchain tech at @hbc_2022. https://t.co/gj8I5Cj7QT
Arrived in Boston for @hbc_2022 Harvard’s cross-discipline blockchain conference for a panel tomorrow on ‘NFT Artist Rights’ panel alongside @LaurenVHS, Professor Tonya Evans, and Max Kendrick @fairchainHQ please come say gm afk if you’re in town! https://t.co/SePp6KxexA
NEWS: Tech Start-Up Aims to Get Artists Royalties for Resale. Fairchain founders are Charlie Jarvis (computer scientist, right middle) & Max Kendrick. Artist Alteronce Gumby is investor, artist Hank Willis Thomas &collector Alvin Hall advise | https://t.co/m6PB8A4ifl @fairchainHQ
Woke up to a @nytimes feature on what we are building at @fairchainHQ !!!
We are bringing some long overdue changes to the art market, and @rpogrebin captured the story brilliantly.
https://t.co/YwdOwjJSP5
“I have long said that residual payments for visual artists are overdue. Benefits from the appreciation of artworks accrue entirely to others, despite the artist’s essential and ongoing work in developing their practice and building the value of their works.” - Frank Stella
Officially out of stealth (but still in private beta) how we are bringing the best of web3 to the ultra contemporary art market in @nytimes by @rpogrebin https://t.co/JwkV9lkVMv
“In the music industry, it’s expected,” Thomas added. “I have friends on ‘Law and Order’ who, after 20 years, are still getting royalty checks. Outside of live performance we’re the only art form that doesn’t have some form of residuals.” - @hankwthomas
One of the many reasons we are building @fairchainHQ: “There has been exponential growth in the secondary market, but artists have largely been left behind, even though they are essential to it.” https://t.co/qFmfiWoYCT
Is the art market ready for this? New start up seeks to give artists a piece of the profits when their work is resold privately or comes up for auction, in some cases at many multiples of the original price. https://t.co/vvyvkH6hnz