Fungible Star: A non-fungible token
Updated: March 24, 2023.
This is Fungible Star. It's a fungible token.
Unlike a non-fungible token (NFT), it belongs to everyone. Unlike an NFT, it is endlessly abundant. Unlike an NFT, it does not introduce artificial scarcity to digital formats of which flawless copies can be made.
Unlike an NFT, every copy is sacred, every copy is the artwork, and no copy is the original. The original does not exist.
There is no need for a blockchain to verify ownership, since it belongs to everyone. Yes, even you, it's yours! Feel free to right click & save!
Why I made this
What always bothered me about NFTs is that they look like a manifestation of capitalist and colonial obsessions with proprietorship. Why should you have to own a thing to enjoy it? Many cultures do not share the idea of ownership that permeates our society and hinders our ability to share with each other.
Where I see a virtue in the way digital artwork can be replicated endlessly with no degradation, NFT proponents saw a flaw. Instead, they sought to emulate the inability of physical artworks to be duplicated, and the resulting scarce commodity of the original.
NFTs were originally invented to support artists, but what they really achieved was commodification. Oh, you want to buy a one-of-a-kind digital artwork just for you? We have a thing for that, it's called commissions!
Even when you look into the actual tech of NFTs it's pointless. Since it's too expensive to store the artwork on a blockchain (a worldwide, decentralized digital ledger), the token only stores a web link to the image. That means the actual NFT is just a digital receipt that says you own something hosted at that link. When the website hosting the artwork eventually closes, the NFT no longer points to anything.
NFT's make about as much sense as deeds to stars. So I made this artwork to satirize them.
Other art like this
After I shared this artwork online, I got some replies with links to other artworks with similar attitudes!
There's this "Non-NFT" of Dave Coulier:
As well as this piece "Crypto" by Chris Roth: