The Scarab Experiment Creates A Cryptocurrency

We got clued into an interesting idea recently. It’s called The Scarab Experiment, and it’s a conceptual project aimed at creating an artist collective bound together by a single cryptocurrency, denoted as SCARAB. When artwork is submitted, the artist receives one SCARAB token, which has a value like any other cryptocurrency. However, SCARAB is built around the value of the artwork being made. It’s a confusing concept at times, so we figured we’d hear it straight from the source, a representative from SCARAB who we only know as “anyone.”

2018-03-07T14:42:19+00:00 Technology|