Helena Sarin, numpytillism, transcribing after Matisse, 2020

FAQs

Is Le Random an investment fund?

Le Random has been structured as a company with permanent capital, aligned with its goal of building an iconic generative art institution. Le Random is not an investment fund and does not have a limited investment horizon. This structure supports our aim of having a long-lasting impact on the generative art space.

How does Le Random structure its collection?

Several parameters are considered when building Le Random’s art collection. We aim to represent the entire generative art movement, encompassing artists from all generations. It is essential for us to represent a diverse range of regions, genders and artistic methods.

Which chains does Le Random collect on?

At Le Random, we take an artist-first approach to collecting art. We follow the artists and collect art where they decide to mint their work. In practice, this results in Le Random being an active collector on both Ethereum and Tezos. We believe Le Random is the first institution to adopt this chain-agnostic approach.

What other activities does Le Random engage in besides collecting generative art?

Le Random also publishes editorial content to enable the generative art community to understand its past, curate its present and celebrate its future. Additionally, we will periodically release special projects such as the Generative Art Timeline. Finally, we aim to activate our collection by showcasing the pieces respectfully on our website and displaying them physically in various locations worldwide.

What is Le Random’s stance on royalties?

Le Random will always respect artist royalties. We view NFTs not only as technology but also as a social contract between artist and collector that must be respected at all times.

Does Le Random collect physical generative art pieces?

Currently, Le Random focuses on digital generative art; however, we acknowledge that early, physical pieces from generative art pioneers hold significant cultural value.

How does Le Random define generative art?

For editorial and research purposes, we use the following broad definition (Galanter 2003) of generative art at Le Random:

“Generative art refers to any art practice in which the artist uses a system, such as a set of natural language rules, a computer program, a machine, or other procedural invention, that is set into motion with some degree of autonomy, thereby contributing to or resulting in a completed work of art.”

We apply a more strict definition in our collecting thesis.

How can I stay updated on Le Random’s activities and new acquisitions?

To stay updated on Le Random’s acquisitions, editorial content and activations, follow us on Twitter or subscribe to our newsletter. You can also regularly check our website for updates. We strive to keep our community informed and engaged with our mission to celebrate and promote generative art.