Artists Ai Weiwei and Kevin Abosch were recently quizzed on the use of their blockchain-based technology, PRICELESS, and how it affects real-life situations, the value of human life, refugees crisis and all the happenings around the globe.
Real Life Issues
There is a great dichotomy between what is and what ought to be. While the cryptocurrency market interests a lot of investors, and worth billions of dollars in value, real-life issues are slowly deteriorating. Public institutions are not improving, the prisons are unkempt and filled to the brim, the Mediterranean crisis is affecting lots of countries on a daily basis, families are torn apart, due to migrant laws, while the earth is threatened to be consumed by the climate if we keep harming it.
It’s such an uneasy spot to be, as the stock market is soaring, yet quite a significant number of people in the United States, can’t afford health care, due to financial constraint.
These conditions ignited the spirit of Berlin-based Chinese artist Ai Weiwei and New York-based Irish Kevin Abosch who started a project called PRICELESS. The main aim of the project is to change the thinking of nations, on the way refugees are treated using the Ethereum blockchain.
What Is PRICELESS?
PRICELESS is made up of two standard ERC-20 tokens on the Ethereum blockchain. While one of the tokens is never available to anyone, the other works just like Bitcoin where a token can be sent among holders infractions.
These tokens were sold to art lovers in an art form with their private keys thrown away. This makes the art pieces priceless to their owners. In a bid to further describe the reason behind this, Abosch said:
“From the moment that we are born, people try to ascribe value to us. Oh, that boy is so full of potential, or oh, that girl is worthless, its something society does to us and its something we do to ourselves.”
He continued further by saying “our project is just another thing to engage people in the hope that they will spend a little bit more time reflecting on the perversity of how most of us ascribe value to things.”
The idea is to get people thinking about how to forge a relationship with some things that are priceless, and in the words of Abosch, “People can do what they want with it, but it would be nice if the conversation doesn’t die.”
The PRICELESS project wasn’t built as a way to generate money for the two artists but to have a major shift in the mentality of people to treat everyone equally, no matter where they come from, what they look like, their language, or religion.