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Crowdfunded Limited-Edition Art

This Art Project Addresses an Artist's Fame and Finance Problems

— October 29, 2018 — Art & Design
Artist Dimitri Likissas created a crowdfunding art concept that is unique in many ways. For the majority of us, collecting art is not within our budgets nor even on our minds. However, people do have walls in their homes so they are either going to go to the flea market to buy a $15 print or order an IKEA print that a million other people have—it isn't unique, it's not an investment and you can't call it your art collection.

Here's where Millennials change the whole art and decoration game: a crowdfunding art concept whereby you become part of the concept to own a real painted piece of art by an actual artist, an actual conversation piece to hang on your wall and that only will come about if the Kickstarter campaign is successful. For investment sake: because if the "crowd" gets involved, the price of the art can become really affordable.

Dimitri Likissas, the artist who created this crowdfunding art concept, wants people to own one of his pieces, which are currently listed at an eighth of the price of what his galleries usually sell them for. This is why this is interesting from an investment standpoint. Essentially, the artist solves the fame, visibility and price of his works through the Kickstarter campaign. The bonus part is that the art is actually cool, the artist uses a pointillist style that creates an optical effect: from closeby you only see dots but from a little distance, you see the subject of the painting—in this case, the serial number. Likissas will paint 1,000 paintings, starting from "000" all the way up to "999." This might be your only chance to own a piece by him at a special price since there is a limit of 1,000.
Trend Themes
1. Crowdfunding Art Projects - The rise of crowdfunding platforms for art projects provides an opportunity for artists to finance and market their work while offering art enthusiasts affordable and exclusive pieces.
2. Affordable Art Investment - Artists can solve the fame, visibility, and pricing of their works while offering investors and art collectors affordable pieces through crowdfunding art concepts like Dimitri Likissas’.
3. Innovative Art Ownership Models - Artists can create innovative art ownership models like crowdfunding limited-edition art projects to offer art aficionados affordable and unique art while still retaining ownership and control of their work.
Industry Implications
1. Crowdfunding Platforms - Crowdfunding platforms can expand their offerings to include art projects, creating a new market niche for art and design enthusiasts.
2. Art Galleries - Art galleries can explore new business models that embrace crowdfunding art concepts, offering customers affordable pieces by exclusive artists while supporting their promotion and marketability.
3. Art and Home Decor Retailers - Art and home decor retailers can partner with artists and crowdfunding platforms to offer unique, affordable, and limited-edition art pieces that cater to the growing demand for personalized and exclusive home decor.
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