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Leonardo

leon 57.5 - Sound Investments: Music and Finance at Mid-Century

Abstract
The histories of finance and music are more interconnected than they might at first appear. From ancient ideas on the mathematical harmony of the universe to ultra-contemporary approaches driven by networked data, the flow of sounds and the circulation of capital have long traced one another’s shadow. Indeed, since the publication of Jacques Attali’s Noise in 1977, musicologists and sound scholars have been probing how music as an expression of mathematical knowledge has intersected with a range of intellectual, social, and economic shifts.

leon 57.5 - Proof-of-Stake Non-Fungible Tokens, the Distributed Autonomous Organization, and the Valuation of Art: A Proposal for a Nonprofit, Community Controlled NFT

Abstract
This paper describes a way to use blockchain-based non-fungible tokens (NFTs) to address some fundamental failures of the art world introduced when the early-twentieth-century evolution of financial markets expanded to include objets d’art as commodities. It proposes the creation of a distributed autonomous organization (DAO) that uses domain experts’ Delphic consensus methods embedded in smart contracts to provide NFTs with meaningful nonfinancial assessments of intrinsic artistic qualities and merit.

ISSN: 
1071-4391
Title: 

Leonardo, Volume 57, Issue 5

October 2024