Tuesday 8 May 2018
We have come a long way since the times artists depended on the patronage of kings and queens for their financial stability. But while galleries and art dealers have mostly replaced this ancient system, a new breed of crowdfunded services like Patreon and Ulule are now lending even more fiscal independence to cash-strapped artists. Despite this liberating disruption in the artist-patron dynamic, such services pose the same risk to the financial security of creatives as the old patronage system, the revised art dealership model capitalism brought, and the crowdsourced funding alternative facilitated by the recent technological boom. Namely, that the…
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