gilles

@gilles

192 Following

2913 Followers

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Thanks for having on your purple people podcast @jake! It felt like we barely scratched the surface in our discussions

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Gilles with a banger on the mint protocol 🤌 gillesdc.worldcomputer.art

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12/ as I write this 5 years later (Nov 20, 2024), "Comedian" is set to be auctioned at Sotheby's in New York, expected to sell for up to $1.5m the point Cattelan made has aged like fine wine, its cultural capital has exploded, and all of it is captured in what should be an NFT

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11/ the art of "Comedian" is not in the banana, but in the commentary his act represents on the question of what we really value, suggesting the actual object doesn't mean anything: it's all about the idea

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10/ 1 idea, ∞ instances this entire thread and more is much more elegantly captured by @jack https://x.com/visualizevalue/status/1476175140174057472

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9/ the NFT is minted by the artist at the time of creation, recording a moment otherwise lost in time every instantiation of this concept since leads back to that original moment, and thus grows the cultural capital of the NFT authenticating it

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8/ but paper certificates are flawed; they can be lost, destroyed, falsified the superior authentication technology is of course blockchain; where the record is digitally unique and immutable by design: non-fungible tokens no forgery experts needed

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7/ can you own the Mona Lisa without having the painting? since you'd denounce theft from ownership of its certificate: yes in fact, ownership record and physical instance are more often separated than not; a skyscraper will be in Manhattan, its ownership somewhere else

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6/ how do you own a concept? in the banana case, ownership was transferred from artist to collector as a paper certificate authenticating the concept through metadata; mainly timestamps, descriptions and photographs you can thus own "Comedian" without having the banana

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5/ ever since, anyone who duct-tapes fruit to a wall today and inevitably evokes Cattelan; meaning so or not all re-enactments, replicas and derivatives lead back to the original moment in time and its concept; in fact accruing its value (also known as "cultural capital")

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4/ who knows how many people taped fruit to a wall before Catellan nobody thought that concept was "art" until the moment he did and sold it as "art" as gallery owner Emmanuel Perrotin put it: "if you don't sell the work as a work of art, it's not a work of art"

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3/ regardless, no one thinks a banana is a work of art, no more than a random canvas hanging in the Louvre is the Mona Lisa important is the distinction between physical instance and original idea inspiring it — instances can be infinite ∞ vs. the concept is 1-1

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2/ the collector doesn't care because the art was not to be found in its material instance but somewhere else where is the art, then? in the concept? in the moment of creation? in the expression of zeitgeist?

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1/ Art Basel 2019, Miami Maurizio Cattelan duct-tapes a banana to a wall, declares it "art" and sells two editions for $120k each the banana, bought for 30 cents at a local grocery store, was eaten shortly ("delicious" ) but the collector doesn't care

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24h https://gillesdc.worldcomputer.art/0x2fbc797edcf6763e47aefa92e8666e3a2da22ae9/1

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NFTs, explained [Banana Edition] mint [at] /vv link + provenance ↓

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content is uniform art is unique content is artificial art is human

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made a /checks version of this once

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