Students are increasingly investing in non-fungible tokens, better known as NFTs or blockchain works of art. The 21-year-old student Stijn van Schaik, who is simultaneously studying Advertising at the Willem de Koning Academy and General Cultural Studies at Erasmus University, went a step further. He edited a photo a friend took of him with a blue glow and white mist that appears to move. He had copied what the soul should look like from the Disney movie ‘Soul’. Thus, according to him, she became a ghostly image of his soul. He co-wrote the image with a blog writer named Liminal Heat a kind of property title attached to the work.
Van Schaik, who is referred to by his friends as Stinus, sees his action as criticism. “I am a big believer in the technological aspects of cryptocurrency and what it entails. I think it’s a shame that when people think of NFTs, people only think of an image that can make you a lot of money. All images that sell well are reproduced infinitely. Just copy and paste. When you look at it that way, they are such heartless projects. NFTs are now also sold on the same platform so everything is centralized whereas blockchain would decentralize everything. That’s why I’ve decided to sell my soul. As an insider critic, from someone who loves the blockchain.”
For 330 euros he sold his soul under the name ‘Soul of Stinus’ as an NFT on the large Opensea online trading platform. American tech entrepreneur Brian P. Christie bought Van Schaik’s soul and has big plans for the job. He shares Stijn’s critique of the current NFT market and calls the work unique. Much more unique than the much discussed bored monkeyseries, which NFT speculators have sold for a lot of money. That is why Christie has put the work on the market for a few hundred euros more than the most expensive Bored Ape: more than 3 million euros.
Although you get ten percent of the current owner’s profit if they sell your work, you may be missing out on a few million. do you regret
“It wasn’t about the money from the beginning. Except for the criticism of expensive non-recourse NFTs.”
Do you think it will sell for that huge amount?
“I think so. As soon as people see the artistic message behind the work, they also support it. I heard from Christie that the famous auction house Christie’s expressed interest in auctioning it. If that happens, it also reaches buyers who have a lot to spend. ”.
“I’m going to try to reach agents there through the major art magazines, rather than just the media that only talks about my project for its shocking effect. Christie’s has often sold NFTs in the millions. To my knowledge, there weren’t many conceptual NFTs with a message like mine. Previously they sold works that were done because of hype or simply because people thought they were beautiful.”
I only see a drawing, a self-portrait with a glorified lease, what do you think makes it a soul?
“It’s my soul, I’m serious. Although I can see it more scientifically than other people. According to Islam, it is not allowed to represent a soul, so I do not earn any points with them. I see my soul itself more as an energy. All my energy goes into this project, talking to the media and making sure NFT gets as much attention as possible. However, it is an ode to the ancient meanings of the soul. You sold a soul according to Christian myths through a contract signed in blood.
Don’t you think?
“No, not that. I get a lot of criticism from religious people who say it’s not too late to save my soul. And then I say, yeah, it’s too late, I’ve already sold it. They say I’m going to die a painful death or go to hell. I’m not afraid of that myself because I look at it scientifically.”
“However, I am truly convinced that I have sold my soul. Purely and solely because everything I do revolves around this. Because for me a soul means above all energy and I have lost all my energy in this project. For example, I can no longer study or play sports.”
According to the definition of a soul in the sales contract, meaning that a soul has nothing to do with physical reality or can be legally traced back to you, there is really no consequence to you as a person. So what does all this really mean?
“I don’t want to complete or dismiss the buyer’s belief in a soul. But that’s right, he doesn’t say in the contract that he has consequences for me as a person. I am open to any way the owner wants to use my soul.”
Okay, but suppose the buyer thinks he’s also buying from you when he buys the NFT despite the terms of the contract, what then?
“In fact, I have prepared for that person to be at the door at any moment. Well, then I’m at peace with that.”
EUR students buy NFT artwork and create their own marketplace
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