The Parisian artist, Pascal Boyart, has made headlines this week, boosting his fame and finances in style by introducing his own unique tipping system to his pieces of artwork. By adding a QR code to his projects, crypto savvy patrons of his art can scan and sent cryptocurrency to the artists digital wallet.
This QR code was found right next to his latest piece of work, located in L’Aerosol gallery at Rue de L'évangile 54 and is a depiction of the famous artist Eugene Delacroix burning a 100 euro note.
When asked why he chose to complete a rendition of Delacroix, whose original piece comprised of him burning a 100 Franc note, Boyart stated that the choice, along with the addition of the QR code, was meant to stand as staunchly anti-fiat rhetoric.
Our artist-friend @pascalboyart (his work is exposed in the Coinhouse Store) has striked again in Paris with his crypto-art.
A portrait of Eugène Delacroix (used to be on the 100F bills) with a burning euro. An exhibition will follow in the fall
— Coinhouse (@CoinhouseHQ) August 9, 2018
Since putting the paint to his urban canvass, Reddit has been ablaze with discussions about Boyart and the statement he's making. Overall, the artwork also managed to land Boyart a bountiful tip jar of 0.11BTC (Roughly €615).
While it makes for a profitable piece of art, Boyart was also issued warnings that the QR code could easily be painted over, resulting in tips being re-directed to someone else.
Art and cryptocurrency seem like two worlds that wouldn't otherwise intermingle as much, but the two have met more times that have been mentioned. Blockchain companies have, for example, been applying the technology for decentralizing the process of art ownership and auctions.
What Boyart's display shows is a brand new blending of cryptocurrency and art, as the artist, in the past, used his social media pages to earn tips for his art commissions. Another method Boyart used was a picture of his stencil, which serves as another way to safely display his address for patrons to send Bitcoin to the artist.
The QR code is also photoshopped onto copies of the artwork that spread around social media. Boyart also participates in the Reddit discussion of his artwork.
In the past, there have also been pieces of art that have been offered to prospective sellers, with payments in Bitcoin being an optional method. There have also been pieces of art based completely on blockchain, such as one art piece called ‘Yellow Lambo', a reference to the old aspiration of crypto investors.
Yellow Lambo: @Kevinabosch latest work! The yellow neon numbers are the #blockchain address for his crypto token #YLAMBO. The artwork was bought by former Skype COO for more than the price of a Lamborghini. Abosch keeps surprising us and keeping us our toes with incredible work! pic.twitter.com/726eQG8FhP
— New Art Academy (@NewArtAcademy) August 8, 2018
In the older cryptocurrency tradition, some even offer users the promise of rewards if Bitcoin prices hit a particular level by a set deadline. Thanks to blockchain and cryptocurrencies, in general, artists are able to more directly engage with their target audience, while side-stepping the major expense of renting gallery space.
While Bitcoin and other cryptos are seeing a downsize to their market cap at the moment, Bitcoin in particular falling below its prior support to reach $6,300, the use of blockchain technology and cryptos in allowing artists to approach their audience directly is further helping to transition art-work out from the world of high-end culture, to a technologically savvy, genuinely interested demographic.