Trust Art: A Stock Market For Cultural Renewal
Looking to invest, but don’t dare go near Wall Street? Last week TED conference-goers were introduced to a new locus of shares by Trust Art, a collaboration between FameGame, BBH New York and SquareSpace. Calling itself “a stock market for cultural renewal”, the system offers up ten unique artistic endeavors proposed by designers, engineers, videographers, and choreographers just waiting for your funding. Each is a one-year project which will result in some “artifact” that will be auctioned off by the site. Revenue is split between the artist and the investors.
Learn about the projects, follow the progress of the artists, and if so inclined make your investment on Trust Art’s newly launched site. There doesn’t appear to be a guaranteed return on investment, but it does seem more fun to follow than your retirement fund.