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Adding Provenance to Digital Art: A Lending Protocol

Transient Lab already offers the inscription feature, but many of us would love to see a lending feature added.

In essence, this would function as a send option with a timed duration or a pullback feature.

For example, if a museum, gallery, or festival wants to exhibit or possibly sell an artwork, they could request it for a specific time period (e.g., from xx/xx/xxxx to xx/xx/xxxx).
You would send the artwork to their wallet with a limit of, say, 2 weeks.
After the set time, the artwork would automatically return to the collector's or artist’s wallet, now enriched with the provenance of having been exhibited at the venue.

Imagine seeing "CalgaryContemporary.eth," "BeijingContemporary.eth," or even "Moma.eth" listed in the ledger of previous holders of the artwork.

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Comments3

  • tormius

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    Oct 8, 2024

    That sounds cool!

  • Ren Gonzaga

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    Oct 2, 2024

    This would actually be a very cool feature. I’m only wondering what happens if there are no tokens to pay for the pullback gas transaction and other such technicalities. Other than that, good thinking!

    • Kristian Levin (noCreative)

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      Oct 2, 2024

      Guess you make sure that the pullback wallet has enough to pullback, either prepaid or warped or something like that.