‘My first NFT, and why it was not a life-changing experience’ by Cornelia Sollfrank
“From Commons to NFTs” is an (expanded) writing series initiated by Shu Lea Cheang, Felix Stalder & Ewen Chardronnet. Cautioned by the speculative bubble (burst) of NFTs, the series brings back the notion of commons from around the turn of the millennium to reflect upon and intervene in the transformation of the collective imagination and its divergent futures. Every last day of the month Makery publishes a new contribution of these “chain essays”. Fifth text by Cornelia Sollfrank.
In a nicer, happier world, NFTs would be fun little things you could make and collect and trade, and it’d be great. It’s a pity this is crypto.
In December 2021, I was approached by Sakrowski, the curator of panke.gallery, an off-space in Berlin focusing on Internet Art. He was planning a NFT show for February 2022. Before explaining any further details, the curator asked me if I would be up for offering NFTs of my work. A good question! I was skeptical of the hype while at the same time interested in forming an opinion based on practical, first-hand experience. Artists have tried to rethink the blockchain for a while now. How to approach a technology that has been poised for a few years now to overtake the WWW “as the next big network technology for speculation and disruption,” and use it for something meaningful, i.e. for something that is not purely driven by financial profit-logic? I agreed to participate in the show as a sort of experiment. As an artist I have the opportunity to get to know something by exploring its (im-)possibilities in practice, to find entry points and loose ends and work my way forward.
NFTs are one application of blockchain technology, and I am particularly interested in exploring the hype around NFTs in the art context. A quick reminder: Not all NFTs are art. The abbreviation simply stands for “non-fungible tokens,” i.e. certificates of ownership, mainly for “unique” digital assets, stored on the blockchain. NFTs have existed for a few years now, but as a cultural phenomenon they have received broad media attention following the sales of NFTs for art works for which many millions were paid. Suddenly, all eyes turned to the matter, and I asked myself, what was the reason was for this sudden interest in digital art? Why were millions paid now for digital files? Obviously, the digital certificates of ownership have created not just a hype, but also a new market for digital art, but what are the dynamics behind? Who will be able to participate in the world of Art NFTs, and who will do so successfully? Are its opportunities more democratic than the ones of the traditional art world? And not the least, what is the role of the technology behind? Who invents it? Who controls and in whose interest? Is there just some weird genius behind who has managed to create a fetish that is about nothing but keeping our minds and machines busy?
My way to deal with some of the involved abstractions is the one of play and open exploration, thus hoping to find insight through lived contradictions, through the experience of absurdities and confusion by diving into the field instead of observing it from outside. I develop my thoughts along an exhibition I have participated in as an experiment with NFTs.
Copyright © Makery (published 31 May 2022 by Cornelia Sollfrank)