Limited edition: Producing artificial scarcity for digital art on the blockchain and its implications for the cultural industries

Autor: Rachel O'Dwyer
Rok vydání: 2018
Předmět:
Zdroj: Convergence: The International Journal of Research into New Media Technologies. 26:874-894
ISSN: 1748-7382
1354-8565
DOI: 10.1177/1354856518795097
Popis: This article examines the use of the blockchain to create limited editions of digital art with a particular focus on the business models of two companies: Monegraph and Ascribe. For some, the development of blockchain technologies and smart contracts suggests an opportunity for artists to protect their work from misuse and expropriation. For others, it suggests the possibility of stronger forms of digital rights management, going forward, that may negatively impact digital culture. However, this article argues that the aim of limited editions on the blockchain is not usually to institute stronger restrictions over use or a new form of digital rights management but rather to create new kinds of tradable digital assets. In turn, this trend implies a different operation of intellectual property rights with respect to digital culture, one where alienation rather than exclusion is significant, and a different operation of scarcity with respect to digital cultural goods, where their free circulation is not necessarily antithetical to profit.
Databáze: OpenAIRE