Wednesday, 18 May 2016

OUGD 505 - Money Brief

In an age of Apple Pay, Bitcoin, contactless, Paypal and other options for the transferring of funds, is there a future for "real" money?

Research:
Development of coinage and banknotes.
Explore the cultural understandings of legal tender.
Financial transactions.
Own proposal for the future of the banknote. Euros, Pounds, Own money?

Finished Print (analogue print processes available within the college's workshops.
minimum of two colours/finishes.
Paper size for completed work will be 21cm x 26cm with banknote designs displayed landscape.

Research:
"money is many different things at the same time.
it’s a work of art, a medium of exchange, a representation 
of value, one, which most people take for granted."


"money also represents our society. it’s everywhere
but money is just an idea – an abstract measurement."


"money is paper, money is metal but in 
and of itself, it is absolutely worthless. "

"the sumerians and the babylonians were among the first 
to develop the practice of trading currency, however 
bartering valuable goods in exchange for others has 
existed even longer. the earliest example of goods 
trading dates back over 100,000 years in swaziland, 
where red ochre was exchanged. other currency 
stand-ins included barley, precious metals like gold 
and silver as well as foods and spirits."

"throughout its many evolutions, money has been 
designed using the latest technologies, whether they 
be metal forming techniques for coins or printing methods 
for paper banknotes. designers and artists have played 
a key role in giving form to currency since its inception. 
currency
design is a small industry and most practitioners 
are either graphic designers or highly specialized 
craftspeople who are well trained in the process of 
making money."

" they are mostly made with a 2:1 ratio of length to height and
measure on average 15cm long. each bill is printed
with is country of origin, value and date of issue. 
depending on the design and country, the bill may also 
show other information. they are commonly issued in
a number of higher value denominations, which are
differentiated by colour, shape and pattern or design. 
banknotes also feature a number of security features 
like hologram stickers or special colour changing inks"

http://www.designboom.com/design/money-design-and-history/

What if Our Money Were Designed to Celebrate Science Instead of Presidents?
THE FUTURE IS looking brighter for mobile payments, but that doesn’t mean banknotes are nearing extinction. Far from it: As of October 1 there was $1.29 trillion worth of currency in circulation.
 Travis Purrington - “I looked at money as a building block that makes modern civilization possible.”
What if we used money “as an educational tool?”

http://www.wired.com/2014/11/money-designed-celebrate-science-instead-presidents/
http://www.ted.com/conversations/1890/do_we_need_money_at_all_ca.html
When people in general are not motivated by money and profits. Why, then is our world still running on it?






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