Join us for an exhibition and preview of the TRANSFER Data Trust, a decentralized artist-owned archive and cooperative value exchange network.
Wednesday, December 6th from 6-9PM
Oolite Satellite
7297 NW 2nd Ave
Miami FL 33135
Works available via the TRANSFER Trust will be on view from three of the founding artists: Carla Gannis, Lorna Mills and Huntrezz Janos
RSVP for the Preview Party
PARTNERS
Gray Area Foundation (San Francisco): Creative R&D Labs program, fundraising and Fiscal Sponsorship from the Bay Area based non-profit cultural incubator.
Fission (Toronto): Development support and product design expertise from the experts in identity, data, and compute solutions for the future of the Internet.
Arts Equity Group (NYC): Communication support from a network of artists, activists, and consultants committed to promoting systemic change through arts and culture.
FEATURED IN
Looks Like New Interview with Adina Glickstein, Forthcoming
Signals Interview with Mai Ishikawa Sutton, Forthcoming
TRANSFER Data Trust is a decentralized artist-owned archive and cooperative value exchange network.
The Data Trust is a milestone development in TRANSFER’s decade-long journey. In 2023 we announced we’re pausing our gallery program to reflect on the distant early warnings from our artists, and archive artworks from our 85+ international exhibitions. We’re focusing on speculative design of an automated, non-profit cooperative trust model that integrates the perpetual purpose artist trust with cooperative organizational structures. The experiment is backed by modern technological practices such as encryption (smart contracts) and decentralized storage to facilitate efficient management and accrue value in a new way for experimental media artists. This shift in the gallery’s operations represents an ‘Exit to Community’ inspired by the Media Economics Design Lab at the University of Boulder.
KEY FEATURES
Decentralized Archive: A peer-to-peer network for art conservation, ensuring a robust and distributed approach to preserving artworks.
Artwork Equity Management: Using smart contracts to manage and grow the value of digital assets, offering a new dimension to art asset governance.
Long-term Sustainability: Designed to maintain artworks in perpetuity, ensuring their preservation and accessibility across generations.
ROADMAP for 2024
Prototyping: Powered by Fission, prototyping decentralized inventory management and proof-of concept for our decentralized data network.
Artwork Restoration: Reviving the 10 years of exhibitions at TRANSFER to produce condition assessments and conservation treatments for the historic inventory.
Establishment of the Artist-owned Archives: Implementing a decentralized data storage network in the studios of our artists.
Cooperative Trust Business Model Development: Adopting an iterative design and development methodology to develop data structures, workflows, and best practices across the studios. We’re modeling the value exchanges that have been powering TRANSFER cooperatively over the past decade.
Public Engagement: Hosting events and programs in Miami, NYC, and SF to share the development process and engage the community.
OUTCOMES
– A decentralized network across multiple regions, owned by artists and built for long-term art conservation.
– Efficient resource pooling and time-banking expertise from specialists in various fields.
– Prototype of a toolkit for artists to host, enabling a self-owned system for art management.
SUSTAINABILITY ROADMAP
– Establishing a treasury from the equity of artworks for ongoing maintenance and conservation efforts.
– Expanding the model to benefit a broader community, providing resources for others to establish their own artist-owned trusts.
– Continuous development and enhancement of the trust model, ensuring its relevance and effectiveness in the changing art and technological landscape.