*Update: This shop has been relaunched in 2020, integrated with Goh’s portfolio site. The old domain is gohuozumi.com .
This article was written when the shop opened a few years ago. At the time, I set up the shop to sell my works in BTC (that means BTC-denominated), but now I’ve changed the backbone of the system and switched to USD. Some works are still sold in BTC, and you can switch between the currencies you like with the currency-switcher.
An Online Shop by Goh
This site is an online shop operated by an artist, Goh Uozumi, and sells his artworks, exhibited at the museums and new works, in cryptocurrency. Also, Goh wants to take opportunities here to develop experimental attempts related to Arts & Cryptocurrency/Technology.
Goh Uozumi is an artist working in the art and technology field for over a decade, and has achievements such as awards and exhibitions at art museums, with various works in cutting edge concepts.
He has released works focused on cryptocurrency as a concept in art in recent years and launched this site as a part of its activities.
Currently, the following coins are available in this shop. (+ added CreditCard payment in Fiat.
Bitcoin, Litecoin, Ethereum, DAI, USD Coin (via coinbase
Disabled (the payment plugin has some error.
Dash, Monero, ZCash, Beam, TrueUSD, USDC (via Coinpayments
Disabled (the payment plugin has not been updated for a while.
Obyte(Byteball) (via Byte-payments
Disabled (the payment plugin has not been updated for a while.
+ XLM, ERC20 such as DAI, BAT, BNT, ZRX, KNC and other altcoins (via Coingate payment)Disabled (Unused coins have been removed. Bitcoin Cash, BNB Coin, BitBean, BlackCoin, Breakout, CloakCoin, Crown, CureCoin, Decred, DigiByte, Dogecoin, eBoost, Ether Classic, Expanse, Goldcoin, Gridcoin, Groestlcoin, Komodo, LISK, MonetaryUnit, NAV Coin, NEO, Nexus, Omni, PinkCoin, PIVX, PotCoin, Peercoin, Qtum, RevolutionVR, Ripple, Stratis, Syscoin, TetherUSD, Vertcoin, Waves, Counterparty, NEM, VERGE, ZCoin, ZenCash
Based on the background described later, this shop started from selling low pricing and ‘easy-to-handle’ works. But no need to worry about it, even if the price is low as an artwork, it is not a replica but an original limited edition created by the artist directly. The work is created of archive grade materials and is of very high quality.
It is up to you how you handle the work after purchase. You can keep it as an asset for a long time, decorate it in your room or office, or give as a gift.
Even if you directly tack the print up to a wall and it is discolored while time with your daily life, that is one of the important values as art.
We hope the art may be with you.
(Since we are dependent on the Fiat economy at the present, we may adjust the product’s price moderately for the price fluctuation of Bitcoin. We do not change the reference prices of the artworks itself and adjust in the finishing option part. But the price adjustment range is limited and may not be able to respond properly. For example, when 1 BTC enters the first half of 5000 USD, we temporarily closes the shop, and resumed after the price rises.)
The Background (in 2017
Goh has tried several ways to incorporate cryptocurrency into the lifecycle of art. It is not difficult for him to critically treat the thought and culture of cryptocurrency, its technology and histories, and to establish them as artworks. In fact, he has achieved sufficient results such as exhibitions and awards so far.
However, a common problem of ‘selling works in cryptocurrency’ was unexpectedly very difficult. Of course, it is easy to use cryptocurrency as just a channel of payment in the fiat-denominated sale (=the same as buying goods with the point of loyalty programs), but the cryptocurrency-denominated sale is another matter.
For now, it is still risky to sell artworks in BTC.
First of all, we now depend on the fiat economy for most of the things we need for production and living. Also, most people are aware of the value of cryptocurrency based on Fiat.
This is an example assuming the above. In many cases, it is customary not to lower the price of artworks. That means once the artist priced a work with 1BTC, the notation of its price should not be lowered(to be accurate, it’s just undesirable).
However, if selling a work in BTC-denominated and BTC price rise up to several times in one year, it makes an illusion that the price of the work which should have nothing to do with it has risen. The increased price is only BTC, not the work.
(Unfortunately, I think that more scammers will use this property in the future. This scheme allows scammers to increase the price of works by inadequate artists. However, it never remains in art history, and its value will eventually collapse. At that time, the artist will lose all the trust in the art worlds. The art may become a world of Pump & Dump that is less controlled than ever. The mechanism is powerful, and it will be difficult to escape from it.)
Conversely, there is also a risk of collapse of BTC price received by the artists. The artists may be unable to pay material costs and other production expenses, and the cash flow may fail.
He is mainly concerned about the former. He wants more stability than price increases for the cryptocurrency in this context. However, it will not be possible for the time being, or the realization itself may not be possible.
He has been considering about this simple problem for quite a while. Probably that elegant solution should be simply ‘building an independent economic sphere with cryptocurrency’.
And someone has to do that someday in the art worlds, even if the cryptocurrency may fail in human history.
This shop is one of the initiatives based on that thinking.
Also, the word ‘easy-to-handle works’ has a background below.
Many of Goh’s main works were complicated dynamic systems. In other words, most of his works so far were difficult to sell.
Currently, there is no market and no way to properly sell dynamic systems as artwork incorporated various software, computers, robots, biotech, etc. (because it is easy to break). With modern art systems and management technologies, it is difficult to preserve works using new media for a long time, assuming reproduction / re-exhibition.
Even if you buy the artwork at high price, it will be just a junk that won’t work in the near future. (In fact, even Video Artworks in art museums are still damaged and stored without being repaired. *Video Art is one of the classical category and media in the art already.)
This is a serious problem not only for him, but also for all artists.
Therefore, he is developing a non-profit project, Whole Museums, to solve the problem of the market formation and the preservation of new media. In short, it is a development of next-generation-museum-protocols for managing cultural goods with blockchain.
The profit of this shop is mainly used for the development of that project and the production of his new works.
Purchasing artworks have many implications.
For example, collecting works to fill your life, or participating in building art histories with the works.
In the case of this shop, it also means investing in the artist who promote Arts & Cryptocurrency projects.