Blockchain-Based Crowdfunding: What Impact on Artistic Production and Art Consumption?

Observatório Itaú Cultural, Issue 19, 2015

10 Pages Posted: 1 Feb 2016

See all articles by Primavera De Filippi

Primavera De Filippi

Université Paris II - Panthéon-Assas

Date Written: May 31, 2015

Abstract

Crowdfunding relies on the contribution of a large number of individuals in order to finance the production of a particular work. Already a few crowdfunding platforms have been deployed on the blockchain, rewarding people’s financial contributions to a project with actual shares of the project. Their interests become therefore more aligned with that of the author, since anyone investing in the project becomes an active shareholder, whose return on investment ultimately depends on the success or failure of that project.

Keywords: blockchain, cryptocurrency, cryptoequity, artistic production, crowdfunding, creative commons

Suggested Citation

De Filippi, Primavera, Blockchain-Based Crowdfunding: What Impact on Artistic Production and Art Consumption? (May 31, 2015). Observatório Itaú Cultural, Issue 19, 2015. Available at SSRN: https://ssrn.com/abstract=2725373

Primavera De Filippi (Contact Author)

Université Paris II - Panthéon-Assas ( email )

12 place du Pantheon
Paris cedex 06, 75231
France

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