menu

Society6 Brings Microfinance to the Art World

Society6 Brings Microfinance to the Art World
culture
Allison Mooney
  • 18 may 2009

Looking to democratize the grant process, Society6 has launched a new patronage system based on micropayments.

“When one of our artist friends was invited to show her work at a prestigious art show, but wasn’t able to secure the funds to go, we knew there was a very real problem to solve”, said co-founder, Justin Wills. To do this, “we started to look at the existing support infrastructure for artists and other creative people,” said co-founder Lucas Tirigall-Caste, and “realized that it was particularly bureaucratic, exclusive and wasn’t designed for scale.” So they re-imagined the process as a meritocracy—one where the crowd calls the shots, not a handful of donors or curators.

Through their “open grants system,” individuals and organizations can easily issue money or opportunity (free products and services) grants to artists from around the world. Artists and other creative people apply to these grants, and the community nominates applicants to create the list of finalists. The grant giver chooses one applicant from the finalist list to award the grant.

Beyond just paying the bills, Society6 hopes to network the entire artistic process. On the site, individuals and groups can have one or many “Studios” that let artists showcase their original work or find someone to collaborate with. “We thought we’d enable the narrative behind the work, so that the otherwise passive relationship between the artist and supporter is participatory and active. We wanted people to feel like they were sitting in the studio next to their favorite artist”, said Wills.

The goal of Society6’s global micro-patronage system is to ensure that no one who is doing good work remains undiscovered and without opportunities. “In spite of the significant contributions that artists make to the vitality of our communities,” said co-founder, Justin Cooper, “there hasn’t been an adequate support structure in place to empower artists to realize their best work, on their own terms – until now.”

Society6.com

culture
Trending

Lyft Gives Free Rides To Those Who Have Had Too Much To Drink

Advertising
Gaming Today

Architecture Firm Turns Their Digital Portfolio Into An 8-Bit Game

Bjarke Ingels Group is exploring the possibilities of user interactivity in web design

Syndicated Yesterday

Banned Books Week Urges People To Seek Out Controversial Works

Joining the annual celebration of the right to read, US author Jessica Herthel called for 'more information, more voices' to protect diversity

Trending

Get PSFK's Related Report: Future of Automotive

See All
Augmented & Virtual Reality Yesterday

Outdoor Camp Presented In 360° VR By X Games Gold Medalist

The video features campers riding BMX trails, zip lining through the woods, and performing big-air jumps

Related Expert

Billy Parish

Solar Power, Crowdfunding, Community

Augmented / Virtual Reality Yesterday

VR Surgery Videos Offer Interactive Medical Education

Dutch startup MDLinking hopes to globalize communication between students and medical care professionals with virtual reality content

Culture Yesterday

Use Twitter To Learn A New Language

tDict is an app that uses the social media platform to help you search for words in local dialects

Mobile Yesterday

This Startup Wants To Digitize The Loose Coins In Your Pocket

CoinOut is a new app that lets you save your extra change from cash transactions as electronic funds

PSFK LABS REPORT

Future Of Automotive
Scenarios Driving The Digital Transformation Of An Industry
NEW

PSFK Op-Ed september 21, 2016

Creative Agency Founder: Using VR As A Race Relationship Tool

Maurice Bernstein, CEO and Founder of Giant Step, explores the value in transforming headsets from high-tech entertainment tools into empathy machines

PSFK Labs september 22, 2016

The Future Of Work: Why Innovation Is Every Employee’s Job

PSFK Labs sits down with management at Johnson & Johnson to learn how the company comes up with their next ‘big idea’

Advertising Yesterday

McDonald’s Is Accepting Trash As Currency In Exchange For Burgers

An initiative in Stockholm is trying to keep streets clean while satisfying hunger

Culture Yesterday

Google Is Using Virtual Paper Airplanes To Bring People Closer Together

The tech giant released an app that lets people throw their good wishes out into the world on the International Day of Peace

Advertising Yesterday

Get Paid For Traveling In San Francisco After Rush Hour

BART Perks rewards commuters who take early or late trains by giving them extra points to trade for money

Culture Yesterday

Artist Designs Covers For Books That Don’t Exist

Published by the fictional 'Specious Books,' the subversive works facilitate a conversation regarding the artistic integrity of graphic designers

Work Yesterday

Editorial Roundtable: The Arrival Of The People-First Workplace

Managed By Q, Soma, Workbar, Primary, AltSchool and thinkPARALLAX enumerate the reasons why companies need an employee-embracing workforce in order to exist

PSFK LABS REPORT

Future Of Work
Cultivating The Next Generation Of Leaders
NEW

Food Yesterday

Bringing Food Innovation To America’s Crowded Milk Market

a2 Milk's Blake Waltrip, Chief Executive of the USA region, discusses how the distributor plans on bringing the popular drink for the dairy-sensitive to the States

Financial Services Yesterday

Device Makes Digital Currency Feel Tangible

The concept gadget wants you to experience the highs and lows of spending money

Design & Architecture Yesterday

Why Building Better Offices Is The Key To Employee Engagement

Interaction Designer and Audio-visual Technologist at ESI Design illustrates the value in creating environments filled with surprise and delight

No search results found.