Contemporary artist forges banknotes with hers

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Today’s doge has nothing to do with Venice, but rather is an 8 year old internet meme that contains an image of the dog breed known as the shiba inu accompanied by colorful text in English. approximate.

Dogecoin is a cryptocurrency that was originally invented by a pair of engineers as a joke, but has since gained notoriety both because it has sometimes been used in scams, and because the comments made by entrepreneur Elon Musk recently sent its value into wild swings.

The star Malaysian Newspaper features contemporary Chinese-Malaysian artist Red Hong Yi, known as Red, in its July 1 issue. She made the doge a currency like one of the six banknotes in her Meme Banknotes series. “Doge to the Moon” is his name for a banknote slightly inspired by a Chinese 1 yuan note in recognition of China being both at the forefront of modern cryptocurrency, as well as the first history of issuing paper money during the Song Dynasty. (960 to 1279 AD). It is published as a non-fungible token, that is, a digital asset that represents a real object.

The artist presents them as an example of how “memes assets, cryptocurrencies and NFTs have disrupted industries, including traditional banks and art galleries.”

Counter central banks

She said The star that his banknotes offer a way to counter the way central banks print endless amounts of money and how that leads to inflation. She prints them with an engraved copper plate, and like with real money, she can print as many as she wants. The difference with their money is that the winning bidder at the auction gets all of the notes printed with the printing plate.

The other Meme notes will be redesigned parodies of the US Dollar, Euro, British Pound, Malaysian Ringgit and Japanese Yen. The artist’s studio has announced that they will be auctioned off on the Binance NFT marketplace within the next five months.

An exhibition of the whole series is scheduled in Kuala Lumpur later this year.

Another work by Red made the cover of the April 26 issue of Time magazine on the theme of climate change.

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