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TULIP MANIA

Are you an art lover or a speculator?

 

The discussion about this is very old:

Are artworks bought as objects of speculation or are collectors interested in the art?

 

New technology always attracts certain groups of people: 

Early adopters, visionaries, developers... 

...but also speculators. 

Speculators are interested in making a quick profit - not in the artwork itself.  

 

How are these people recognized? 

 

Imagine a work of art that destroys itself when you sell it. 

 

With the new NFT art series TULIP MANIA, artist Sven Sauer dares to experiment without knowing how it will turn out.

 

The large-format light and sound installation comprises 5 digital works showing radiant tulip landscapes. TULIP MANIA is based on the first documented speculative bubble in human history. In the 17th century, the exotic plant gained a high reputation. It became a rarity, not least because of its susceptibility to disease.

Within a very short space of time, a tulip bulb was worth more than a detached house in Amsterdam. But the bubble burst and the recession began. A few days later, the tulip trade in the Netherlands was banned by the king. Tulips disappeared completely from the Dutch scene. 

 

The art market has also become a large-scale speculative business. In the past, it would have been unthinkable to express a purely economic interest in art. But today, the question is increasingly being asked: "What will this work be worth in two years' time?" The speculator has joined the ranks of the classic collector. 

 

With his NFTs, Sven Sauer creates works that expose speculators. A self-destruction mechanism is built into the artworks via a smart contract. With each resale of the pictures, they destroy themselves piece by piece. With these works, the responsibility for a work of art is transferred to the collector.

The collector has to decide: Is he interested in making a quick buck or does he want to preserve the artwork for future generations?

 

Smart contract technology makes it possible to document how this experiment will turn out. 

SvenSauer_tulipmania_22.jpg
SvenSauer_tulipmania_08.jpg
SvenSauer_tulipmania_15.jpg
SvenSauer_tulipfever_lostartfestival_23.jpg
SvenSauer_tulipmania_14.jpg
SvenSauer_tulipmania_01.jpg
SvenSauer_tulipfever_lostartfestival_20.jpg
SvenSauer_tulipfever_Lostartfestival_01.jpg
TUL_5_Dow_Jones_2018_2000x16600000.jpg
TUL_2_Darwin_Hybrid_Tulips_1929_2000x16600000.jpg
TUL_3_Single_Early_Tulips_1991_2000x16600000.jpg
TUL_4_Greigii_Tulips_2000_2000x16610000.jpg
TUL_1_Semper_Augustus_1637_2000x16600000.jpg

Audio Guide 

Intro - Das nervöse Geschäft mit der Kunst
00:00 / 03:12
I. Schneller Reichtum
00:00 / 01:33
Artist Statement - gesprochen von Mario Klischies
00:00 / 11:56
2. Eine Blume für 87 000 Euro
00:00 / 01:38
3. Die Lawine beginnt
00:00 / 01:31

Credits:

 

Tulip Mania Installation: 

Sven Sauer

 

Sound installation:

Bony Stoev

 

Curation:

Clara Sauer & Carsten Beier

 

Photographers & drone pilots: 

Anders Andersson Curtis Hilbun Hans Elbers

 

Technical Support:

BLNFT

 

Project Management POP Kudamm:

Joerg Suehrmann

 

Operator POP Kudamm:

Till Harter

​

Communication Pop Kudamm:

Michelle Weber 

Jolanda Todt

 

Speaker Audio Guide German:

Mario Klischies

 

​

Credits:

 

Tulip Mania Installation: 

Sven Sauer

 

Sound installation:

Bony Stoev

 

Curation:

Clara Sauer & Carsten Beier

 

Photographers & drone pilots: 

Anders Andersson Curtis Hilbun Hans Elbers

 

Technical Support:

BLNFT

 

Project Management POP Kudamm:

Joerg Suehrmann

 

Operator POP Kudamm:

Till Harter

​

Communication Pop Kudamm:

Michelle Weber 

Jolanda Todt

 

Speaker Audio Guide German:

Mario Klischies

 

​

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