Artist Ai Weiwei Uses Ethereum to Make Art About ‘Value’

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Chinese artist and activist Ai Weiwei has partnered on a new art project that utilizes a pair of newly-minted ethereum-based tokens. Motherboard reported Friday that Ai – well-known for his criticism of China’s Communist government as well as his art installations and photos – is working with Irish conceptual artist Kevin Abosch. Together, Ai and Abosch have created two new tokens, freely distributable, in an effort to (as they describe it) illustrate how worth is perceived and imbued within modern society. And it’s an area that Abosch has already been working in – bridging the worlds of art and cryptocurrency through his work – as the New York Times previously reported. The project, dubbed PRICELESS (ticker symbol: PRCLS), involves twin tokens, one of which is made publicly available to the extent that, in theory, every person on the planet could own a fraction. The other token, according to Motherboard, is locked away and