Carlos A. Rivera created ArtRank in 2012, an algorithmic artist ranking system that has become incredibly influential for collectors. Within ten days of launching it amassed over 900 subscribers including ten billionaires whom all rely on the algorithm’s quarterly recommendations. The $3,500 a quarter subscription buys you an early viewing of the rankings. From the ArtRank FAQ:
The algorithm was developed for an emerging art fund in 2012. The algorithm facilitated a 4200% return on investment over a 16-month period.
The algorithm is comprised of six exogenous components: Presence, Auction results, market Saturation, market Support, Representation and Social mapping (PASSRS). Each component is qualitatively weighted in service of defining a vector or ‘artist trajectory’. We compare past trajectories to help forecast early emerging artists’ future value.
This guardian article provides a lot more insight into collecting art with ArtRank.
In terms of return on investment this is a fantastic idea, but it does seem a cold way to approach art. Shouldn’t a collector purchase artwork that resonates with them, valuing it for more than its projected price tag?
This is the graffiti you’ll see through your AR heads up screen.
What does the future of fashion look like?
VR Kinect Demos of Drew Skillman
Interactive experiments which utilize the Oculus Rift, Kinect 2, Unity game engine (and sometimes Leap Motion) that have an undeniable Cyberpunk aesthetic - various examples embedded below:
You can find out more at Drew’s blog here
Dreams made real.