What #CultureBanked is
“Any tax-in-lieu* fund from, or common pool resource of, shared intellectual property rights”
What we are promoting for artists
Interoperable wealth
This might include tax revenues and local authority funds, tax funds, tax deductible funds (eg, *Cultural Gifts in Lieu Scheme), mission-oriented, common and mutual funds, P2P finance schemes, democratically controlled levies (eg, see historical ‘Eady Levy’ ‘Taylor Swift Tax’ etc), ‘Crowdfunds’ (where there is an ownership transfer to the crowd) and Cooperatives.
Interoperable rights
This might include better managed resources and assets across multiple platforms; pooled resources; convenience and control - everything in one place for users, rather than scattered across multiple sites.
Interoperable responsibilities
If we are to control our rights, we need to control our responsibilities. When our online data, rights and assets are built around us and by us - rather than around multiple 'vendors', we become the powerful, creative humans we should be. We know when we want to share stuff or keep it private and what we want to do with it. Interoperability gives us choices and empowers better decisions - especially at scale, when it is often so hard to coordinate action and intention.
How we promote these things
We also aim to become an action lab - identifying, promoting and developing emergent best practices for managing rights of all kinds online, including, of course, artistic rights. But, more than this, we believe that in an age of AI, creative rights are in the exclusive domain of humans - in fact, it is in large part our shared creativity which makes us human. Working with artists then, we explore new practices in digital democracy and rights management using the creative rights which all artists create, when they create!
So, CultureBanked is all about creating shared wealth from shared rights and responsibilities. In this piece of work, we considered digital tax and the role creative rights might play in the future. By describing its materials as 'CultureBanked' we are suggesting that the wealth and rights created by artists could be used as direct tax goods or as a tax resource (see the 'tax in lieu' link above) We believe artists and creators have a unique opportunity to model better, empowered ways to play an even more important role in societies of the future....
Sharing rights can bring new powers to make change happen and to take back control of the quality and safety of online activities. We think the advantages of being able to do this speak for themselves but if you've something you particularly want to achieve with your online digital assets, use the sign up below to find out more or to get in touch. We'll be pleased to hear from you. In the meantime, to be part of an ongoing discussion about tax from content, shared rights, shared moderation and shared control of public materials online, please use the hashtag: #culturebanked. Thanks!
Liam Murphy