Indonesia. A place with a rich history of artistic culture, stunning natural landscapes, and unrealized creative capacity. We’re all familiar with the hard times artists are going through, particularly artists from our countries’ emerging economies. They produce brilliant works, put their hearts and souls into their art, and they continue to be overlooked by the old industry guard and funding constraints. Well, what if I told you that something revolutionary is in the works? With a change fueled by blockchain technology and Real World Assets (RWAs), Indonesian artists are on the brink of changing their narrative for the better.

Forget the starving artist trope. Tokenize Indonesia, an Indonesia-based new accelerator program supported by Saison Capital, BRI Ventures, and Coinvestasi, is not another incubator. It’s more than an arts center—it’s a launchpad, propelling Indonesian creativity onto the global stage. It’s doing all of that thanks to one thing—tokenization.

So how does a program like Tokenize Indonesia actually benefit artists? I'll tell you.

Funding Independence Via Tokenization

Now picture an Indonesian painter, who can’t afford canvas and paint much less show her work abroad. Now, imagine her tokenizing her artwork. All of a sudden, she’s no longer confined to just local galleries or capricious rich collectors. Through Tokenize Indonesia, artists have a platform to tokenize their masterpieces, providing people all over the world the chance to own fractions of it. This is direct funding to artists, cutting out the usual art-market gatekeepers. Consider it like Kickstarter on the blockchain. It’s about more than funding. It’s not just about engaging more personally with your fans, creating a community of support around your work, and being in control of your creative future.

This isn't just theory. Project Wira calculates a $88 billion tokenization market potential in Indonesia by 2030. That’s not just figures on a spreadsheet. That’s economic opportunity coming to call for Indonesian musicians – and much more to come! It’s the opportunity to make passion profitable, to get the respect and support long overdue. The program starts in April 2025 and finishes in August 2025 at Coinfest Asia in Bali. That’s a short window of time, but an exciting window of time filled with opportunity.

RWAs Unlock New Revenue Streams

The truth of the matter is, we know the art world can be intimidating as a closed shop. Galleries can take large commissions, and artists are lucky if they ever make the majority of profit from all their hard work. RWAs can change that. Tokenize Indonesia’s focus on RWA’s isn’t simply about digitizing assets; it’s about unlocking new revenue streams for artists.

Think of a traditional gamelan orchestra. They should include more than performance fees. By tokenizing their future royalties, they are opening a door for their worldwide fans to invest in their music. Or a textile artist might choose to tokenize a small-batch production run, using the NFT to ensure scarcity of the collection and thus increase demand. This goes beyond simply selling your art—it’s about cultivating a sustainable entrepreneurial ecosystem directly from your creative brain. Ownership, in its most radical sense, is being able to touch, feel, pick up and exchange an object.

Seven percent of Indonesia's population already owns digital assets, surpassing the number of stock investors. This clears up any confusion about the appetite for digital ownership in Indonesia. Indonesia appears poised to take advantage of this market signal. It allows artists to build relationships with a new generation of collectors and investors.

Blockchain Protects Creativity

Copyright infringement is the coronavirus of the art world. How many times have you seen an artist’s work ripped-off, pilfered, and merchandised without their consent? Blockchain offers a powerful solution.

It's a permanent, unalterable record of ownership. Indonesia takes bold steps to help artists use blockchain technology. This allows them to secure their copyright, monitor the provenance of their creations, and ensure that they are credited and compensated as they should be. This is all the more important for creators in Southeast Asia, whose intellectual property rights are often difficult to enforce across borders.

Now, picture a world where the history and ownership of every artwork is tagged on its digital twin, recorded transparently on the blockchain. No more art crime, no more unfair copies, no more fancy machines hiding behind a façade of technology. Only artists finally getting the honors and compensation they’ve earned. That’s not wishful thinking, but rather a realistic prospect within our grasp, due to efforts like Tokenize Indonesia.

There’s more to Indonesia than just blockchain and finance. It enables Indonesian artists by equipping them with the necessary tools to flourish in the digital era. It’s ultimately about creating a more diverse, inclusive, equitable art world, one token at a time.

If you are an artist, or you know one, now is the time to apply. Tokenize Indonesia is inviting all RWA startups to apply. Together, let us create a future in which Indonesian artists and art practices flourish more than ever. Let's make this revolution happen.

  • Tokenization: A new funding avenue for independent artists.
  • RWAs: Unlocking new revenue streams through fractional ownership.
  • Blockchain: Enhanced copyright protection and provenance tracking.

If you are an artist or know one, then this is the time to act. Tokenize Indonesia is calling all RWA startups to apply. Let's build a future where Indonesian art shines brighter than ever before. Let's make this revolution happen.