Jonas Lund Token (JLT) 1041

Description: Jonas Lund Token is a distributed decentralised autonomous artistic practice that aims to optimise and streamline the decision making process in art production and the strategic decisions concerning a career path. The artist has created 100,000 shares of his artistic practice, allowing his shareholders to participate in the decision making process by casting votes on proposals and through discussions on this website. Each share is represented by a Jonas Lund Token, a crypto currency built on, and distributed via the Ethereum blockchain. As the career path of Jonas Lund improves and his market value increases, so does the value of a Jonas Lund Token, thus allowing shareholders to profit through dividends and potential sales of the tokens. Through this work, Jonas Lund is interested in “subverting the traditional power structures that inform the contemporary art world and the process of making the correct strategic decisions for each given situation.”