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Newsticker, link list, time machine: HOLO.mg/stream logs emerging trajectories in art, science, technology, and culture––every day
“Congratulations to everyone who wanted to be bankless, you got what you wanted.”
“I’m hoping we can move away from this single-minded effort to financialize everything and start trying to develop a more diverse economy that, by virtue of diversity, would be a more stable economy.”
“Nobody said it was a democracy. The ‘will of the community’ is the will of whichever cartel or whale has the voting majority, not the will of the disgusting peasantry.”
“A legless Donald Trump, just wandering the empty streets of Horizon Worlds, selling commemorative coins.”
Creative economy thinker and entrepreneur Yancey Strickler shares his vision for metalabels, a new model for cultural production “like indie record labels for all forms of creative output.” Following a release proof-of-concept (a ‘record’ in his nomenclature), the Kickstarter co-founder maps creativity after platform capitalism. It entails a move away from lone creator-entrepreneurs to teams, protocol-driven compensation and ownership, and audiences that prioritize context over ‘content.’

“Metaverse homeowners associations. Metaverse building permit red tape. Metaverse NIMBYs. Metaverse property liens. Metaverse neighbourhood watch.”
Metalabel x co—matter
After the Creator Economy

Mario Santamaría’s solo show “Gárgola” opens at Centre d’Art la Panera, Lleida (ES), wedging two metaverses into one exhibition space. An architectural structure marks the exact plot of land the Spanish artist purchased in Next Earth, a virtual 1:1 reproduction of the planet, while suspended screens render a 13,5 billion light-years drop (the fall, 2022) into the Voxels Ethereum virtual world. A winding liquid cooling system further reminds viewers of computing’s (very real) materiality.

“The Fable of Net in Earth,” the 2022 ARKO Art & Tech Festival kicks off in Seoul. Inspired by decentralization (mycology, Web3), it brings together Morehshin Allahyari, SunJeong Hwang, and Young Joo Lee, and others. Featured works include Eobchaecoin (2022), Nahee Kim’s unabashedly ponzi cryptocurrency (it will be very profitable in 2082), and De Anima (2018-21, image), Clara Jo’s film probing humanity’s relationship with nature, that draws on footage from Kenya, Myanmar, and France.

“After 5 weeks of vacationing and disconnecting myself from crypto, it is truly amazing how utterly irrelevant crypto is in every day life and how little it matters to most people. Yes we’re early, but also we are clearly caught up in a tiny niche bubble that no one cares about.”
“The Byzantine Generals Problem,” a group show seeking consensus on crypto, opens at distant.gallery. Curated by Domenico Quaranta, the online exhibition features Sterling Crispin, Sarah Friend, Ben Grosser, Anna Ridler, and 10 others. Interrogative in tone, included works span Rhea Myers’ blockchain visualizations (2014-5), Kyle McDonald’s Ethereum carbon footprint calculations (2021), through a Web3 Dot Com Séance (2022, image) by Simon Denny and collaborators.

“If we had the Web3 dream world, it would be William Gibson with a concussion. It would be a really stupid cyberpunk hellscape—far dumber than the world we’re actually in.”
“Pardon Our Dust,” a solo show by avatar artist LaTurbo Avedon, opens at the Museum of Applied Arts (MAK), Vienna. The show’s titular work (image, 2022) riffs on a slogan used to describe 1990s websites as ‘under construction,’ revising that narrative of progress for nascent Web3. Serving as tour guide and critic, Avedon parses emerging decentralization and ever-present commercialization, in a narrative rendering virtuality torn between “construction and deconstruction.”

“Public blockchains, through making visible latent forces such as financing, unequal returns, or scarce and valuable ownership, are bringing long existing dynamics to the surface to be scrutinized. These forces are not new, they are nude.”
Domenico Quaranta
Surfing with Satoshi

“Decentralized Society: Finding Web3’s Soul,” a whitepaper by researchers E. Glen Weyl and Puja Ohlhaver, and Ethereum co-founder Vitalik Buterin is published. In it, the trio describe a web3 where tokens denoting “commitments, credentials, and affiliations” are “soulbound” to individuals, and these non-transferable identity markers are used to govern more efficiently (e.g. DAO vote-weighting based on expertise) and to generate more equitable datasets (opt-in with privacy controls). Moving beyond ‘trustless’ DeFI frameworks, they propose decentralized sociality (DeSoc) “which encodes trust networks that underpin the real economy today.” Drawing on the community and infosec foibles in crypto over the last decade, they extend the model to prevent concentrations of power, and propose checks and balances to protect its decentralization.
“The WWW was not designed, rather implemented ad hoc. There are no versions. Its story is one of the initial gift and promise of free and open access to knowledge and culture, and the power and money people that have since sought to control, steer, surveil and exploit that gift.”
“And, like some kind of bear after a bad-trip hibernation, tech art crawled out of its cave wearing a ‘Have Fun Being Poor’ t-shirt and forgetting the last ten years entirely.”
What comes after platform capitalism? An assemblage called ‘hyperstructures,’ according to Jacob Horne. In an essay published on his website, the co-founder of the NFT marketplace aggregator Zora outlines the frameworks he sees emerging around crypto protocols. Inspired by the utopian architecture of Paolo Soleri, Horne argues the permissionless nature of hyperstructures generates low-friction exchange, yielding more equitable outcomes for participants (versus web 2.0 platforms where the user is the product). Is this the frothy rhetoric we’ll hear as money flows into web3? Yes, but Zora’s manifesto claim that “platforms hold our audiences and content hostage” is not wrong.
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