MoneyLab considers interventions in and experiments with digital economy. MoneyLab is a network of artists, activists, and geeks experimenting with forms of financial democratization.
MoneyLab blog is live!
A month ago we officially announced the launch of MoneyLab: Coining Alternatives. What is MoneyLab? The Institute of Network Culture‘s latest project considers digital experiments with revenue models, payment systems and currencies against the backdrop of the ongoing global economic decline. It aims to critically explore, map and probe the politics, inner-workings and governance of these alternative digital-economic forms. [...]
More than currency: the importance of Bitcoin as a technology and financial model
A review of the European Bitcoin Conference, Amsterdam 26-28th of September 2013. Media discourse about Bitcoin is live, abundant and hectic. Academia is still sketching a clear, structural approach on the topic. The Bitcoin Europe conference, on another hand, gave good pulse of what the developments and key concerns are at the moment. The European [...]
Documentary-making in UK: between broadcasters funding and online revenue models
Inge Ejbye Sørensen has worked for more than a decade as an award winning documentary-maker for the major 4 TV broadcasters in the UK (BBC, Channel 4, Five and STV). This creative industry is also her research area as an academic. She is currently at the Centre for Cultural Policy Research (University of Glasgow, UK), where [...]
New York Times: ‘Three years of Kickstarter’ – a start in researching crowdfunding dynamics
Creative and community projects turn to crowdfunding as a promising model of financing. The hype around this movement is generated by success stories of projects raising hundreds of thousands of euros, as well as the growing number of crowdfunding platforms on a local and international level. Nevertheless, building a successful campaign can be as challenging [...]
Out now – Disrupting Business: art and activism in times of financial crisis
The book represents the 5th and latest release of the DATA Browser series and tackles the interconnections between art, activism and the business concept of disruptive innovation. With a backdrop of the crisis of financial capitalism, austerity cuts in the cultural sphere, the idea is to focus on potential art strategies in relation to a [...]
The Institute of Network Cultures presents: MoneyLab: Coining Alternatives
Over the past few years, while the economic downturn endures and budget cuts prevail, we have witnessed the emergence and rise of alternative payment systems and revenue models in digital media. Online bartering sites, a plethora of crowdfunding platforms, new forms of valuation, e-wallets and crypto-currencies like Bitcoin, are but a few examples. These coincide with the huge growth [...]
Crowdfunding: Redistributing Wealth or Monetizing Social Relations?
Renee Ridgway is an Amsterdam-based artist, freelance curator and writer. She recently published an incisive article on crowdfunding that goes under two different titles. In Data Browser 05: Disrupting Business, it takes disguise as the question of “Crowdfunding – monetizing the crowd?”. Given that 75% of that crowd statistically consists of one’s personal social network, things [...]
MoneyLab at transmediale festival, Berlin
MoneyLab traveled at the transmediale Festival, Berlin. Coming soon with a full conference of its own on March 21-22, Amsterdam!
Bitcoin Explained (Daniel Forrester & Mark Solomon) – a review
‘Bitcoin Explained – Today’s Complete Guide to Tomorrow’s Currency’ is a quick and easy way to get started on some basic information about what Bitcoin is and how it works. The authors go through several crucial matters which are explained in a familiar way to people who have had some sort of experience with economy [...]
The Social Coin that tracks and measures good actions
It seems like the “pay it forward” idea just got monetized by the new currency development entitled Social Coin. It goes even further than that – the coin is encoded, which makes it easy to track and visualize how far it has travelled in the process of good-doing. Social Coin is the initiative of a [...]