What is a Crypto Art Collective (CAC), And why is it beneficial?

Following my interest in blockchain technology from its early beginnings, I have recently become involved in the NFT (Non-Fungible-Token) space and it’s claims to revolutionize the ownership of digital and ultimately physical rare items.

To understand what I mean by this article’s title, we have to break it down into two first-principle concepts: Crypto and Art Collective.

Crypto (as in Cryptocurrencies or Cryptotokens), aims to represent an asset or specific use and reside it on a blockchain. In much more simple terms, imagine a coin which has it’s usual monetary value, residing on a chain of unbreakable and transparent piggy banks.

A very simple illustration of a Cryptotoken on a blockchain.

I don’t seek to go into too much detail on cryptographic tokens, except from the recent uprising of the so called NFT movement, or in their much cuter name - “Nifties”

Again, without going into to much detail, I would refer to Nifties as the “Layman’s Digital Intellectual Property” or a digital “Certificate of Authenticity (CoA)”. I would recommend reading Coin Telegraph’s introduction to NFT or the Dapper Labs article about NFT.

An art collective is a group of artists who usually share an ideology, resources or an aesthetic consensus. with shared ownership, the risk related to creating and mainly selling art is decreased, whereas the benefits for the individual artist increase. what are these benefits? I’m glad you asked.

1. Networking- like every industry, networking in the art world is nonetheless important. getting to know the right people can open doors for an artist and also expose the artist to new collaborations, concepts or styles.
2. Marketing- by developing a higher group profile, the individuals in the art collective are able to support and advertise each other on a continuous basis. imagine a continuous positive feedback loop, where artworks get shared and get exposure from different parts of the world. oh yeah, art collectives are now online and global.
3. Family- well, not your immediate family, but your extended one- friends, professional colleagues and amazingly creative people who share your mission. sounds like a great thing so far, no?

So after we have both of our concepts (Crypto + Art Collective) on check, what do we get when we combine them?

A Crypto Art Collective (CAC) is a holistic art identity which provides it’s member artists a unique Certificate of Authenticity for each of their artworks, and a new revenue stream as well as compounding networking effects for the entire period of their membership.

The concept of the individual genius is outdated. come join us today.

To conclude this article I would like to quote a short story from Aesop’s Fables about the bundle of sticks.

The Bundle of Sticks

A certain Father had a family of Sons, who were forever quarreling among themselves. No words he could say did the least good, so he cast about in his mind for some very striking example that should make them see that discord would lead them to misfortune.

One day when the quarreling had been much more violent than usual and each of the Sons was moping in a surly manner, he asked one of them to bring him a bundle of sticks. Then handing the bundle to each of his Sons in turn he told them to try to break it. But although each one tried his best, none was able to do so.

The Father then untied the bundle and gave the sticks to his Sons to break one by one. This they did very easily.

“My Sons,” said the Father, “do you not see how certain it is that if you agree with each other and help each other, it will be impossible for your enemies to injure you? But if you are divided among yourselves, you will be no stronger than a single stick in that bundle.”

In unity is strength.

If I see that people are interested in this concept, I have a lot more to elaborate and ideate, feel free to drop me a message on Linkedin or @notanyguy instagram.