Social Value - Currency

Luis Carbajal

Social Value Currency



Jere

Open Innovation

6.6.22

This project, made by Jere Nierenberg, aimed to preserve current cultural practices relating to the economy, through satirical ceramic pieces. More specifically, the goal was to highlight some of the less sensical ways in which people choose to use their money, and shine light on the glorification of making irresponsible financial decisions, focusing on NFTs.


The first piece is a piggy bank in the shape of a meme called “stonks”, the meme is used to (proudly) talk about making high risk financial decisions, with the hopes of huge profit. This piece encourages the evaluation of, and contextualizes, these decisions by contrasting the idea of a piggy bank, a long time symbol of financial responsibility, with a modern symbol of high risk investment culture. 


The second part is a set of coins, portraying an nft on one side, specifically a bored ape, and something symbolic of different economic bubbles on the other side. The bored apes attire is changed to be relevant to the image/pattern on the other side of the coin. The bubbles that are represented are the 1634-1637 tulip mania bubble, the first major economic bubble, the 1840s British railway bubble, and the 1990s Japanese asset bubble. The form(coins) is also a reference to how cryptocurrency is traditionally represented as some sort of coin.