Session 6. The Why of Art.

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This conversation was about defining the values and principles that we hold to be true about ART in the Invisible Economy. It’s a free-ranging conversation about freedom in art, and very recommended.

The sidebar was quite inspired:

LADY PHE: Thank you for hosting these discussions 💎

Judy: Thanks for being here!

Sparrow: Good to have you!

Ilan: The only diff between Hundertwasser and Gaudí is that Hundertwasser was also a painter.

Sparrow: Gaudi is wonderful.

Judy: He is a great example of someone who made art out of commissions.

Ilan: Yes… I call it hijacking. The best kind. …

Session 9

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Art by Francisco Velorio and The 21 Seal

In which we explored the basic principles underlining DADA and the Invisible Economy, and how we define and execute these values at the heart of governance. Watch:


Ilan: self-motivation.

Sebnem: culture is the magic word I think in this discourse now.

“safe membrane”

Judy: Isn’t there a contradiction in saying that what people do in DADA is art and then taking that freely expressed art and turning it into products like stickers?

Sebnem: as long as monetization is not related to artist and art and their “output” directly…they don’t have to productize it.

Imagine performances. Imagine classes on Maria Garcia’s art. …

By Massimo Franceschet and Sparrow Read

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Visual conversation at


For the past 6 months, members of the DADA community have been exploring the relationship between rare digital art and marketplaces on the blockchain.

This work is part of the Invisible Economy: a vision for radically separating art from the marketplace so that artists are able to focus on making art, and satisfying their intrinsic needs without the distraction of needing to market or the pressure to sell their art.

For us, DADA is a place where people make art together without expecting remuneration, motivated not by extrinsic rewards like money or status but by intrinsic rewards such as the joy of making art, and a sense of autonomy, validation, self-development, belonging, and a higher purpose. By allowing artists to focus on their intrinsic desire to make art, a sustainable economy can be created based on interdependence rather than competition. …

Session 8

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Art by Joe Chiappetta

In which we deconstruct a spectrum for the stakeholders of the DADA Invisible Economy, including artists, collectors, coders, investors and their needs. Watch:



Serste: I understand what you are saying Judy… and I feel it. I think the dada economy will be parallel to our daily jobs, at least at first. maybe we could imagine exchanging the tokens with systems we approve the values of, as some are trying to do in agriculture.

Judy: Yes

Barbara: Cannot investors/curators conversate as the artists do when drawing on DADA?

Judy: Sure! They should be able to be creative and collaborative as well. …

Session 8

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We are incredibly fortunate to be collaborating with the folks at Metagov. Today’s meeting was a recap of what we have been doing in terms of governance experiments up to now, and what are the next steps towards establishing a governance system for the Invisible Economy, not only for DADA but as a template for other organizations that need to monetize without losing their socially-minded essence.

Lots of super interesting ideas were discussed. Watch:

The sidebar, as usual, was on fire:

Sebnem: Fabian mentioned something on a completely different account: “The Valley Beyond” that resonated a lot.

Judy: How do you spell the name of the other guy? …

Session 5

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Art by Joe Chiappetta

Watch the conversation about arriving at a consensus about ethics in crypto art. Juicy!


Eleonora: Agree. We need the rules. The matter is WHAT rules. New rules. The good thing with crypto space is that we have the privilege of going with writing rules after facts happened, together. And not the opposite, the Roman way: first the rules then we apply them.

Karen: Human decency?

Judy: Human decency is a good rule.

Sparrow: Basic human decency would be good. Human decency & common sense!

Judy: Alas, it’s not always a given. Some people don’t have it.

Gus: Common sense is the least common of the senses among most people. …

Session 7

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Red Dawn

A very interesting discussion, from mapping out intrinsic motivations visually and discussing how to do it without making apparent the magic of the DADA effect, to talking about how to bring the economy into the equation, what are the roles, rights, and responsibilities of collectors, and much more.

Take a look:


Marko: I don’t like tickets :))

It’s like speaking of skateboarding… it’s open for everybody, but it’s not easy and not for everybody…

Lorenzo: I think a fair principle should be that any artwork, once produced, “should” belong to someone who is not the author. I mean, the author produces it for the others, then the “collectors” (which I don’t like the word) should be the ones which “adopt” the artwork. …

Session 6

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We had a special guest, Grace Rachmany, co-author of the book So, You Have a DAO. Watch the conversation about diverse communities like eco villages, communes, DADA, about tokens, art, and governance:


Lenara: 100% yes we are connected and don’t do things alone.

Also: with food, there is stomach size as an upper limit ;)

Ilan: Bea would disagree.

Anuj: According to some ideas in Buddhism, if we look deeper everything depends on everything else :)

Lenara: Yeah, see Bezos for example.

Judy: My stomach has no upper limit.

Ilan: it’s mostly funny business IMO. Grace, are you navigating using Ecobasa? …

The Invisible Economy Crypto Art Group. Session 5.

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This was an extraordinary session with special guests, Amy Whitaker from NYU and Massimo Fransceschet, who presented his data analysis of wealth distribution among artists and collectors on SuperRare, whom we thank for making this data available. Bea showed a presentation about secondary markets, followed by a lively discussion with old and new friends.


Many pearls of wisdom in the sidebar chat:

Gus Grillasca: Also called Pareto distribution.

Sebnem: or Power Law.

Arjit Kapoor: Mathew Effect.

Massimo: Cumulative advantage.

Sebnem: hahah.

Massimo: The rich get richer.

Arjit: “For to everyone who has will more be given, and he will have abundance; but from him who has not, even what he has will be taken away”.
— Matthew 25:29, RSV. …

Session 6

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We went from talking about devising a system to map motivations and feelings, to discussing smart contracts and interoperability in secondary markets, and whether secondary markets are good for artists.


Bea: I shared a Jam file

Ser Ste: I think it’s a good thing to analyze these feelings though. we could separate them into like three big groups to have what we need in terms of understanding but not make it too difficult.

Naj: Some like to draw when emotional, some like to write. How do we account for all of their preferences to express?

Ser Ste: It’s good to be able to articulate in the preferred media. …


A collaborative art platform where people worldwide speak through drawings. Building a blockchain token economy for the arts. DADA. Living Art.

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