"3331 Arts Chiyoda" closed on March 31, 2023
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Countermeasures against COVID-19 at 3331 Arts Chiyoda
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Period
December 15 (Wed), 2021 - January 31 (Mon), 2022
Venue
On the website (https://mf.3331.jp/)

"Brave New Commons"
is a project concerning
the value of artwork and its price.

"Brave New Commons" is a project considering the ownership of digital artwork made possible using NFTs, not based on a uniqueness rooted in conventional materials, but as a novel means of ownership utilizing the properties of digital data. One such means, called the "subdivision method", determines the price of an artwork by dividing an arbitrary price set by the artist by the number of purchasers. A higher number of purchasers results in a lower final price. Also, as there is no distinction between the original and duplicate in digital data, multiple people will own the exact same artwork, creating a form of "distributed ownership" different from what some call the "co-ownership" of artwork.

Masaki Fujihata 24 Oct. 2021

Website: https://mf.3331.jp/

Contact: nft5@3331.jp

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