Supply / Demand = Price

May 13, 2019

You can't buy the Mona Lisa.

You can, however, buy a poster of the Mona Lisa for your wall, and it will cost you $14,95 +shipping and handling.

Even easier you could go to wikipedia, find an incredibly high resolution digital file of the Mona Lisa and download it instantly. It won't cost you a thing.

Why Is That?


There's only one original, hundreds or thousands of prints, and [essentially] infinite number of digital copies available.

Prints are still a physical good limited by the laws of physics. You and I can't hang the same poster on our walls at the same time. If you took my poster, that's called stealing because I wouldn't have my poster any more. You took it!

Digital files, however, have no such restrictions. You can have your image of Mona Lisa, and I can copy it instantly. I haven't taken anything away from you; we each have our own copy as if by magic.

Many people use this quirk to say "it's not stealing! They still have their file, I haven't taken anything away from them!"

But they have.

By making something infinitely available with zero effort they've destroyed its scarcity which reduces its value to near-zero.

We're seeing this play out in the music industry over the past couple decades where torrenting, sharing, and instant streaming have made it incredibly difficult for the artists who create the work to be paid for it.

They've spent lifetime honing their craft to create works of art that only exist because they put their blood, sweat, and tears into making it real.

And as soon as it touches the internet it is replicated again and again to infinity where anyone can grab it with nothing in exchange.

It's a infinite replication crisis.


We've seen a variety of strategies put into place to address this very problem, but they're all lacking.

Patreon seems like a fine solution until you try to use it and you find out just how big a cut they take from fans.

Streaming services love to point to how many millions of times a song has been streamed, and then we find out the musician received a couple hundred dollars after everyone involved has their cut.

And it still doesn't address the infinite replication crisis.

Blockchain Does

When artwork is uploaded to the Ravencoin blockchain, the image becomes inextricably linked to the "token" that is created. There can only be one of those tokens, and each exchange of ownership is on record forever.

This ensures that the artwork stays scarce even in its digital form.

With Nevermore Art, there's absolute transparency which leads to a project you can trust.

It also solves the problem of ensuring authenticity and knowing how many people have owned it previously.

We're so glad you've found us.

Proudly working with the Ravencoin Blockchain


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