Three Economies in the Warhols Currency
The Warhols experimental art currency is coming to the Economia Festival in Eindhoven.
Attendees will be able to get and spend their Warhols in three quite different ways.
The Creative Economy is organized around discovering content of several types created by other users, and also adding and promoting your own content. Most people are familiar with this model, since it’s similar to how online publishing and social media works nowadays.
Then there is the Speculation Economy. This one is about taking risks, and having the promise of great rewards. For the brave thrill seekers, we created a stock exchange market, where you can invest in different “flavors” of Warhols. There is also a cultural market of sorts, playing on the theme of fame and obscurity.
Finally there is the Gift Economy. We use the gift economy in our lives pretty much everyday, but it’s almost by definition not associated with money. To draw attention to this amazing way of exchanging things between one another, we created a way to stimulate the gifting. Pay forward for your Warhols with acts or kindness, or put them into the Warhols Fountain, where they are multiplied until they overflow into everyone’s account.