An art-world niche means money for puzzlesolvers and startup funding for one creator.
Marguerite deCourcelle lives at the peculiar intersection of Bitcoin and art. Under the pseudonym @coin_artist, she’s credited with inventing the crypto-art puzzle, a genre of images hiding complicated ciphers that reward the first solver with a walletful of virtual currency. The most famous of these is an @coin_artist oil pastel from 2015 called Torched H34R7S, the final work in a series known as The Legend of Satoshi Nakamoto. Depicting a turtledove, chess pieces, and a phoenix surrounded by flames, the painting incorporates symbolic references to Bitcoin’s creator, as well as to Shakespeare and deCourcelle’s personal life. An anonymous person solved the riddle in 2018, unlocking 5 Bitcoins, at the time worth about $50,000.
DeCourcelle started the Bitcoin-art-puzzle phenomenon in 2014 with Dark Wallet Puzzle, a painting of two leading crypto anarchists that hides a key. It led to a 3.4-Bitcoin reward. “I created it after realizing that without a third party litigating how money moves, that money could be ‘pulled out’ of anything,” she says.
Bu hikaye Bloomberg Businessweek dergisinin January 07, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye Bloomberg Businessweek dergisinin January 07, 2019 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Instagram's Founders Say It's Time for a New Social App
The rise of AI and the fall of Twitter could create opportunities for upstarts
Running in Circles
A subscription running shoe program aims to fight footwear waste
What I Learned Working at a Hawaiien Mega-Resort
Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.
How Noma Will Blossom In Kyoto
The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking
The Last-Mover Problem
A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps
Tick Tock, TikTok
The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban
Cleaner Clothing Dye, Made From Bacteria
A UK company produces colors with less water than conventional methods and no toxic chemicals
Pumping Heat in Hamburg
The German port city plans to store hot water underground and bring it up to heat homes in the winter
Sustainability: Calamari's Climate Edge
Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment
New Money, New Problems
In Naples, an influx of wealthy is displacing out-of-towners lower-income workers
