LIFEHACK – Do you want to get a bitcoin donation? Become a crypto-artist.
A French street artist, famous for his murals containing hidden crypto prizes, has received his largest donation to date. Pascal Boyart recently checked the Bitcoin address associated with the QR code provided to accept donations for one of his works to find that some anonymous fan had donated a full Bitcoin, worth more than $4,000 at the time of writing.
Elated, the artist took to Reddit to share his gratitude for the anonymous tipper and the wider crypto community. Boyart states that this is the largest single donation he has ever received.
There is a growing movement of artists choosing to celebrate cryptocurrency in their work through one means or another. One of these is Pascal Boyart, a crypto-enthusiast and street artist from France.
Boyart is known for his politicised murals painted on buildings. In his pieces, he hides Bitcoin prizes for fans of his work to discover. Seed words representing the private key to the wallet holding the prize are incorporated into the paintings and, once put in the correct order, allow one lucky art aficionado pockets the prize.
The prize hidden in one of the artist’s most recent works was 0.26 BTC, worth around $1,040 today. The piece chosen to hide it is titled, “Liberté Guidant le Peuple” or “Freedom Guiding the People”. It pays homage to the Yellow Vest protest movement who are opposed to various policies of France’s President Macron. Some factions of the Yellow Vests appear supportive towards Bitcoin and the wider cryptocurrency movement given the general hostility of both groups towards central banks.
The seed words hidden are particularly relevant to the cause, as are the order they needed putting in prior to the prize being unlocked.
Along with the seed words, Boyart also includes a QR code with the public key to a separate wallet. This is for fans of his work to send him donations using crypto.
It has been a couple of months since Boyart completed “Liberté Guidant le Peuple” and the prize was won about a week following its unveiling. The donations for the artwork adorning the side of a Parisian building have been trickling in slowly.
That was until a couple of days ago. Boyart checked his wallet to discover that some anonymous tipster had dropped a full Bitcoin in there – worth more than $4,000 at the time of writing. Lucky guy – Bitcoin rose above the $8,000 mark on Tuesday, extending a rally that has seen the digital currency more than double in value since the start of the year. According to data posted on the website CoinDesk, bitcoin topped $8,325 before giving up some of its gains. Since the start of the year, bitcoin’s value has increased more than 120%.
Art + Technology + Money
Cryptoart is Bitcoin in the physical form of Art. It is a literal combination of art, technology, and money. Each piece is a hand-assembled limited edition Giclee print with the unique ability to store digital currency.
Cryptoart is storage for digital currency like Bitcoin. It’s a super easy way for anyone to physically enjoy Bitcoin without worrying about securing their computer from hackers.
Why store digital currency in art?
Aside from being cool and interesting, it’s actually a very safe way to store bitcoin. The Bitcoin protocol is extremely secure, but if your computer (or phone) gets hacked, your bitcoin can be stolen. For this reason, it’s safest to store unused bitcoin offline. This process is called “cold storage.” Cryptoart merges bitcoin cold storage with art, thus giving you a safe way to secure and visually enjoy bitcoin. The result is a new form of art– one that not only derives value from aesthetics and scarcity, but from the value it literally holds.
The art found here represents thousands of hours spent by our artists. Subject matter is researched, and each work is executed with the hope of adding to the narrative of the digital currency revolution.
Cryptoart is published with archival inks on museum quality paper. Specifically, we use 12-color Giclée printers and thick Hahnemühle paper. Our certificates are on Photo Rag. This feels like a semi-gloss photo on one side and a watercolor on the back. The larger prints are on a Hahnemühle German Etching watercolor paper. All of our pieces are hand-created, produced as numbered limited editions, and include a certificate of authenticity.
How does it work?
Here’s the techie speak for the technically savvy. Each piece is hand-assembled with a QR code on the front, and a “private key” under a security sticker on the back. To send money to the art piece, scan the QR code on the front with any mobile Bitcoin wallet. The QR code on the front is your Bitcoin address and is only used to add money. To retrieve the currency, remove the sticker on the back and enter the private key (a long alphanumeric string of text) into a Bitcoin exchange or Bitcoin wallet. Advanced users can exchange the private key/QR code without damaging the art piece.
Cryptoart is created and distributed by Austin, TX based Cryptoart Publishers. Cryptoart helps people understand, enjoy, and collect digital currencies. Cryptoart has gained notable attention and an international collector base. Highlights include The Wall Street Journal, Forbes, front page of the Houston Chronicle’s business section, and a segment on RAI5 Italian television covering art and money. Cryptoart was used as a teaching aid in the Canadian senate hearings on cryptocurrency. Collectors include Charlie Lee, ShapeShift, and a piece even hangs in the home of Justin Trudeau.