This artwork is a map for a Bitcoin treasure
Artist Vibeke Bertelsen has hidden a stash of bitcoins in a digital wallet and encourages people to go find them. To get the passphrase that unlocks this treasure people will have to decode the hidden meaning in the artwork.
The first person to solve the quest gets the Bitcoins.
The artwork is a collage of many small images. Each image corresponds to a word. There are 12 special words and once a person has collected them they will be able to gain access to the Bitcoin wallet where the treasure is stored.
This is done by entering the 12 words in the right order into the Bitcoin wallet software called Electrum. It is up to the public to figure out how to connect the images to the special words.
Note that it is a very hard quest to solve and it will be almost impossible to solve without the aid of a custom made computer program. Once the quest is solved the winner gains access to the Bitcoins and is able to move them to their own wallet.
Link to more information: This artwork is a map for a bitcoin treasure – Medium
Bitcoin speculation vs. art world speculation
“I have created this artwork to be speculative on purpose. As the price of Bitcoin rises of falls so will the value of this artwork. In this way my artwork becomes a commentary on how the artworld is a speculative economy just like the Bitcoin economy. People invest in Bitcoin in the hope of reaping a quick reward and some commercial parts of the art economy are certainly driven by similar motives.”
“There’s an unhealthy environment in the artworld where hype and celebrity becomes important than the quality of the art itself. This happens because the underlying economy of the art world is highly speculative and some people buy artworks purely as an investment thereby driving the prices of certain artworks to astronomical levels.”
“I invite people to buy my art print (which comes in a limited edition of 100 copies) and solve the quest to unlock the Bitcoin treasure.”
– Vibeke Bertelsen
About the artist
Vibeke Bertelsen is a digital artist and creative coder living in Copenhagen, Denmark. Since 2010 she has been a part of artist collective Obscura Vertigo creating large scale visual installations and lighting design projects domestically and internationally.
Apart from these large projects, she creates web based experiences and short animations for Instagram (attracting several thousands of followers). Vibeke is fascinated with the way the human experience is transformed by digital technologies. Vibekes work is post internet art showcasing her use of digital visuals to investigate identity in the internet age.
Vibeke’s work has been displayed at multiple film festivals and her previous interactive piece ‘Valley of Uncanny #01’ received positive attention from idN Magazine and Prosthetic Knowledge when it was released online.
More information: udart.dk