Creative transactions: Special digital monies in ‘Break Kickstarter’ crowdfunding campaigns

Chris Elsden; Evan Morgan; Chris Speed

doi:10.1145/3411764.3445632

Creative transactions: Special digital monies in ‘Break Kickstarter’ crowdfunding campaigns

Research output: Chapter in Book/Report/Conference proceeding › Conference contribution

Abstract

This paper conceptualizes ‘creative transactions’ – payment for creative work – as a rich site for the study, design and innovation ofnew financial technologies, and ‘special digital monies’. For most, creative labor remains highly precarious and underfunded and thoseworking in the creative industries frequently rely on diverse forms of funding for their work. As a case study, we draw on a corpus of87 ‘Break Kickstarter’ crowdfunding campaigns, where project creators were encouraged to break conventions and“rethink what aKickstarter campaign can be”. By studying how these innovative projects broke fundraising conventions and experimented with thetransactional attributes of a Kickstarter campaign, we show how they reconfigured the payment for creative work, and developed newrelations between creators and their audiences. Drawing on these analyses, we derive new ideas and opportunities for the design ofspecial digital monies to support novel creative transactions beyond crowdfunding campaigns

Original language	English
Title of host publication	CHI '21
Subtitle of host publication	Proceedings of the 2021 CHI Conference on Human Factors in Computing Systems
Publisher	ACM
Number of pages	13
ISBN (Electronic)	9781450380966
DOIs	https://doi.org/10.1145/3411764.3445632
Publication status	E-pub ahead of print - 7 May 2021
Event	ACM SIGCHI 2021 Conference on Human Factors in Computing Systems - Yokohama, Yokohama, Japan Duration: 8 May 2021 → 13 May 2021 https://chi2021.acm.org/

Conference

Conference	ACM SIGCHI 2021 Conference on Human Factors in Computing Systems
Abbreviated title	CHI ’21
Country/Territory	Japan
City	Yokohama
Period	8/05/21 → 13/05/21
Internet address	https://chi2021.acm.org/

Keywords

money
creative transactions
crowdfunding
creative industries
FinTech

Access to Document

10.1145/3411764.3445632

Elsden2021SIGCHICreativeTransactions
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Accepted author manuscript, 570 KBLicence: Creative Commons: Attribution Non-Commercial (CC-BY-NC)

1 Active

Creative Informatics: Data Driven Innovation for the Creative Industries
Speed, C., Jones, C., Rovatsos, M., Schafer, B., Smyth, M., Terras, M., Elsden, C., Helgason, I., Lechelt, S., Morgan, E., Osborne, N., Paneels, I. & Thornton, P.
AHRC
29/10/18 → 28/04/23
Project: Research

Cite this

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title = "Creative transactions: Special digital monies in {\textquoteleft}Break Kickstarter{\textquoteright} crowdfunding campaigns",

abstract = "This paper conceptualizes {\textquoteleft}creative transactions{\textquoteright} – payment for creative work – as a rich site for the study, design and innovation ofnew financial technologies, and {\textquoteleft}special digital monies{\textquoteright}. For most, creative labor remains highly precarious and underfunded and thoseworking in the creative industries frequently rely on diverse forms of funding for their work. As a case study, we draw on a corpus of87 {\textquoteleft}Break Kickstarter{\textquoteright} crowdfunding campaigns, where project creators were encouraged to break conventions and“rethink what aKickstarter campaign can be”. By studying how these innovative projects broke fundraising conventions and experimented with thetransactional attributes of a Kickstarter campaign, we show how they reconfigured the payment for creative work, and developed newrelations between creators and their audiences. Drawing on these analyses, we derive new ideas and opportunities for the design ofspecial digital monies to support novel creative transactions beyond crowdfunding campaigns",

keywords = "money, creative transactions, crowdfunding, creative industries, FinTech",

author = "Chris Elsden and Evan Morgan and Chris Speed",

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doi = "10.1145/3411764.3445632",

language = "English",

booktitle = "CHI '21",

publisher = "ACM",

note = "ACM SIGCHI 2021 Conference on Human Factors in Computing Systems, CHI {\textquoteright}21 ; Conference date: 08-05-2021 Through 13-05-2021",

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AU - Morgan, Evan

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N2 - This paper conceptualizes ‘creative transactions’ – payment for creative work – as a rich site for the study, design and innovation ofnew financial technologies, and ‘special digital monies’. For most, creative labor remains highly precarious and underfunded and thoseworking in the creative industries frequently rely on diverse forms of funding for their work. As a case study, we draw on a corpus of87 ‘Break Kickstarter’ crowdfunding campaigns, where project creators were encouraged to break conventions and“rethink what aKickstarter campaign can be”. By studying how these innovative projects broke fundraising conventions and experimented with thetransactional attributes of a Kickstarter campaign, we show how they reconfigured the payment for creative work, and developed newrelations between creators and their audiences. Drawing on these analyses, we derive new ideas and opportunities for the design ofspecial digital monies to support novel creative transactions beyond crowdfunding campaigns

AB - This paper conceptualizes ‘creative transactions’ – payment for creative work – as a rich site for the study, design and innovation ofnew financial technologies, and ‘special digital monies’. For most, creative labor remains highly precarious and underfunded and thoseworking in the creative industries frequently rely on diverse forms of funding for their work. As a case study, we draw on a corpus of87 ‘Break Kickstarter’ crowdfunding campaigns, where project creators were encouraged to break conventions and“rethink what aKickstarter campaign can be”. By studying how these innovative projects broke fundraising conventions and experimented with thetransactional attributes of a Kickstarter campaign, we show how they reconfigured the payment for creative work, and developed newrelations between creators and their audiences. Drawing on these analyses, we derive new ideas and opportunities for the design ofspecial digital monies to support novel creative transactions beyond crowdfunding campaigns

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KW - creative transactions

KW - crowdfunding

KW - creative industries

KW - FinTech

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M3 - Conference contribution

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PB - ACM

Y2 - 8 May 2021 through 13 May 2021

ER -

Creative transactions: Special digital monies in ‘Break Kickstarter’ crowdfunding campaigns

Abstract

Conference

Keywords

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Projects

Creative Informatics: Data Driven Innovation for the Creative Industries

Cite this