CRISIS THE ALBUM
1740 ETH
1.1 ETH COLLECTED
1 seasons unlocked
0.02% of all Tokens distributed
Progress
Value
1.1 ETH
1740 ETH
1.1 ETH COLLECTED
1 seasons unlocked
0.02% of all Tokens distributed
Progress
Value
1.1 ETH
↳ TOKEN ADDRESS:
↳ AUTHOR ADDRESS:
Valentin Hansen – Crisis (The Album)
Valentin Hansen – Crisis (The Album)
↳ TOKEN ADDRESS:
↳ AUTHOR ADDRESS:
Introduction
In its most basic form, Crisis is the debut album of Valentin Hansen, co-produced and released by Killing A Friend. In a broader sense, Crisis is an ongoing multi-media, multi-level experiment that explores alternative ideas for the distribution and exploitation of musical works. It is the journey of an album that defied the dominant structures of its system in order to break new ground.
This project aims to align releases ↔︎ value ↔︎ community into one common narrative.
Process
Crisis (The Album) will now embark on a multi-level journey to be transformed and have its monetary and cultural worth evaluated by the community. To put it more simply, we will distribute ownership of Crisis during 9+ seasons.
Therefore, the original musical work was minted as one piece of music on Catalog.
Ownership of this NFT will be represented by each season's tokens (editions of NFTs), with 50% of the shares being transferred within the first nine seasons. Additionally, each season holds its unique form of the album, which is unlocked when the currently active season is sold out. This can include new auditory or visual material, products, merchandise or events.
The remaining 50% will be allocated in season 10. This way—when the album becomes the most expensive work of music ever sold—it'll be fully owned by the community that helped it reach this status.
The journey will continue as long as people keep unlocking the next chapter. This means that the project could flatline in Season 03, distributing only 3% of the shares, but might continue one year later after the community reached the season’s goal.
Seasons will be sold in the form of editions on Mirror.
S-00
The Worthless Album
One year ago the journey of Crisis began with the release of Crisis (The Worthless Album). The album was cut into 30 pieces, each 29 seconds long. Since a stream only starts counting after 30 seconds of playtime, it can't collect plays or earn any revenue, no matter how much it's listened to. The value of this album is 0.00$
Ultimately this is the only way to choose one's own value in the current system of being patronised by a pro-rata system of big tech and major labels. By releasing an album this way, it shows the imbalance and absurdity of the music industry's current monetisation model and asks if centralised platforms should define the value of art according to a demand-supply calculation. Or, instead, shall creators regain complete control over the value they create?
"Valentin Hansen released an album in a way that’s never been done before. In doing so, he highlighted the unprecedented shift in how music is being made as a direct result of the rule." — Brian Harrington, The Album That's Worth Nothing
No matter how many of the industry tricks we utilised, we ended up in a zero-sum game.
An exhibition with a click farm. Multiple phones were streaming the album day and night. Stream count: 0
S-01
The Valuable Album
With the first edition of 1/1 being sold out, Crisis (The Worthless Album) will no longer be worthless and become Crisis (The Valuable Album). It'll now be released on DSPs in its originally intended form.
This is the catalyst season that is kicking off the adventure of the album to attempt to become the most valuable work of music ever to be sold.
S-02
The Raw Album
As all Season 02's NFTs are collected, the album will enter its next stage and be shown in its primal and raw state. From then on, it’ll be Crisis (The Raw Album) and will be released on DSPs in its draft form.
Introduction
In its most basic form, Crisis is the debut album of Valentin Hansen, co-produced and released by Killing A Friend. In a broader sense, Crisis is an ongoing multi-media, multi-level experiment that explores alternative ideas for the distribution and exploitation of musical works. It is the journey of an album that defied the dominant structures of its system in order to break new ground.
This project aims to align releases ↔︎ value ↔︎ community into one common narrative.
Process
Crisis (The Album) will now embark on a multi-level journey to be transformed and have its monetary and cultural worth evaluated by the community. To put it more simply, we will distribute ownership of Crisis during 9+ seasons.
Therefore, the original musical work was minted as one piece of music on Catalog.
Ownership of this NFT will be represented by each season's tokens (editions of NFTs), with 50% of the shares being transferred within the first nine seasons. Additionally, each season holds its unique form of the album, which is unlocked when the currently active season is sold out. This can include new auditory or visual material, products, merchandise or events.
The remaining 50% will be allocated in season 10. This way—when the album becomes the most expensive work of music ever sold—it'll be fully owned by the community that helped it reach this status.
The journey will continue as long as people keep unlocking the next chapter. This means that the project could flatline in Season 03, distributing only 3% of the shares, but might continue one year later after the community reached the season’s goal.
Seasons will be sold in the form of editions on Mirror.
S-00
The Worthless Album
One year ago the journey of Crisis began with the release of Crisis (The Worthless Album). The album was cut into 30 pieces, each 29 seconds long. Since a stream only starts counting after 30 seconds of playtime, it can't collect plays or earn any revenue, no matter how much it's listened to. The value of this album is 0.00$
Ultimately this is the only way to choose one's own value in the current system of being patronised by a pro-rata system of big tech and major labels. By releasing an album this way, it shows the imbalance and absurdity of the music industry's current monetisation model and asks if centralised platforms should define the value of art according to a demand-supply calculation. Or, instead, shall creators regain complete control over the value they create?
"Valentin Hansen released an album in a way that’s never been done before. In doing so, he highlighted the unprecedented shift in how music is being made as a direct result of the rule." — Brian Harrington, The Album That's Worth Nothing
No matter how many of the industry tricks we utilised, we ended up in a zero-sum game.
An exhibition with a click farm. Multiple phones were streaming the album day and night. Stream count: 0
S-01
The Valuable Album
With the first edition of 1/1 being sold out, Crisis (The Worthless Album) will no longer be worthless and become Crisis (The Valuable Album). It'll now be released on DSPs in its originally intended form.
This is the catalyst season that is kicking off the adventure of the album to attempt to become the most valuable work of music ever to be sold.
S-02
The Raw Album
As all Season 02's NFTs are collected, the album will enter its next stage and be shown in its primal and raw state. From then on, it’ll be Crisis (The Raw Album) and will be released on DSPs in its draft form.
Studio
Berlin 2021
Studio
Berlin 2021
ALL RIGHTS RESERVED
©℗ 2022 KILLING A FRIEND
ALL RIGHTS RESERVED
©℗ 2022 KILLING A FRIEND