Found Objects, 2012

NFT Collection. 74 Items + physical coin

Drops April 1st, 2022 8:00 am EST

Found Objects is a series of photographs depicting coins as they are found around urban areas. Each coin found is inventoried into a collection where each photograph is accompanied by its matching physical coin.

The series started in 2008, evolving into what would later become a documentation, in real time, of the transition from the old money system into the new era of crypto.

It takes its name from artist Marcel Duchamp’s definition of the “Found Object”, as these coins represent “small insignificant objects with no value or meaning”. Once a mere object without face value, they can be re-evaluated as artworks and attributed with multiple interpretations of their symbolism.

In 2021, NFTs became the perfect media for this series. Creating an NFTs’ collection from these photographs equals to “REMINT” Fiat Currency into Cryptocurrency. By associating its original face value with the single unit value of a Cryptocurrency, the coins absorb the Cryptocurrency’s higher value as a token for Art value.

Usually, art is valued through money. Found Objects, however, reverses this valuation process and values money through art instead. Building a collection of disappearing fiat currency and replacing its face value with “art value” adds up to the illusion of their uniqueness now that they have been “rescued” and repurposed as artworks.

The photographs evoke nostalgia for past times of high moral and institutional standards. Some appear fresh and shiny, as they were recently dropped; others, bring us to abandon ruined trashy landscapes, where the magnified coins appear deteriorated, decomposing under a prolonged exposure to the elements. The system of values they us to represent is now decaying and bound to disappear. They offer an insightful view, charged with meaningful symbolism, of the transformations the World Financial System is undergoing into the future.

The collection was shot between Miami and New York in 2012, using a Panasonic Lumix TZ4, 8.1 Megapixels, Leica DC Vario-Elmar Lens (Macro). The collection was minted on the Polygon blockchain offering significantly reduced purchase and transfer transaction gas fees.

– Each NFT is unique and manually generated from a unique digital photo of the actual coin as it was found.
– Each NFT is accompanied by the physical coin found and a RGB image 1500x1500px 72DPI.
– Redemption of the physical coin will be possible after purchase. For more information, please see www.francisacea.com/my-nft.
– The NFTs are stored as ERC-721 tokens on the Polygon blockchain and hosted on IPFS. (See Record and Proof.)
– Found Objects 2012 floor price starts at 1 ETH.
– Verified Smart Contract Address.

Why invest in Found Objects

Be part of FINANCIAL HISTORY IN THE MAKING. Invest in a collection documenting the transformation of the Financial System in real-time, as the world gradually evolves into a new era of Digital Decentralized Finances (DeFi). Physical currency is bound to disappear and these coins will become valuable collectibles of artistic and historical significance. The collection is a jointly owned artwork. Its iconicity secures its market visibility. It offers an insightful view, charged with meaningful symbolism, of the transformations the Financial System is undergoing into the future. The collection is being supported by the artist with ongoing quarterly drops, special edition drops, and a 200-plate Art Book.

Roadmap

This series is closed at 74 items. There will be no new additions to this series. You can get whitelisted for a pre-sale on our Discord Server or subscribe for updates on future drops and events.

– Quarterly Drops
– Limited Edition Drops
– NFT Video Drops
– 200 plate Art Book

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