KEVIN ABOSCH AND AI WEIWEI

PRICELESS, 2018

Signed in pencil by the artists on front
Archival pigment on paper
43 x 127 cm
2 of 3 unique pieces

Exhibited at “Perfect and Priceless” show, Zürich, Kate Vass Galerie, 2018-2019

Description:

Abosch has been using blockchain addresses as proxies to distill emotional value for some time now, and with Weiwei has “tokenized” their priceless shared moments together such as "sharing tea" or "talking about the art market" are the building blocks of human experience. All moments in life are priceless. Each priceless moment is represented by a unique blockchain address which is “inoculated” by a small amount of a virtual artwork (crypto-token) we created called "PRICELESS" (symbol: PRCLS). Only 2 ERC20 tokens were created for the project, but as they are divisible to 18 decimal places, these works of virtual art could potentially be distributed to billions of people. Furthermore, a very limited series of physical prints were made.

The digital works, the PRICELESS token (symbol: PRCLS) is an ERC20 token on the Ethereum Blockchain. Only 2 tokens were created for the project, but as they are divisible to 18 decimal places, these works of virtual art could potentially be distributed to billions of people.

The physical works feature blockchain contract address alphanumerics. Each wallet is filled with a nominal amount of PRCLS token, validating the wallet and symbolically inoculating the moment. An ethereum wallet is used for sending and receiving the Ether currency. Each wallet has a long address, similar to a bank account number. The difference between a contract address and a personal wallet address is that contract addresses can also receive data.