StockX, a leading resell company for sneakers, apparel, accessories and collectibles, has announced a multi-year partnership with contemporary artist Daniel Arsham.
With this StockX becomes the official secondary market for the American artist’s work and in addition, the Detroit-based company has created a scholarship fund at the historic The Cooper Union for the Advancement of Science and Art in New York called “Daniel Arsham x StockX Next Gen”.
The fund will help students attending The Cooper Union’s School of Art, of which Arsham was an alumnus, by donating proceeds from the sale of all art prints, the new product category that StockX announced in conjunction with this collaboration.
“Since graduating from The Cooper Union, Daniel has dedicated himself to an enviable artistic endeavor between art, architecture and performance that puts collaboration at its core,” said Laura Sparks, president of The Cooper Union. “Not surprisingly, Daniel is building innovative partnerships like this one to help support other artists. The grants from this fund will change several lives”.
The Cleveland-based artist will release a series of works that will be available exclusively on StockX, the proceeds of which will be donated to the fund.
“Artists are often left out of the conversation when it comes to compensation, particularly when it comes to the secondary market. This collaboration flips that model on its head and serves as a disruptive force in an otherwise outdated system,” Arsham said of the partnership. “I’m excited to create and release exclusive products that people wouldn’t otherwise have access to, but more than anything else, my work with StockX aims to support the next generation through a fund in arts education that is incredibly innovative”.
The main objective of this innovative partnership is divided into three areas of focus: supporting the next generation of artists through funding for art education; amplifying the visibility of emerging artists and creating a model for fair compensation for them; and creating a reliable secondary market for Arsham’s work.
“Daniel is a leading contemporary artist and someone who speaks directly to our audience in a meaningful way – there is no one better suited than him to help us build and grow the fine art print category, but also to work in partnership with us to support young creatives,” said Deena Bahri, CMO of StockX. “StockX is an inherently disruptive platform that offers pricing transparency and true visibility into the marketplace. This innovative partnership is another important example of our commitment to rewriting the rules and unlocking access to products that have long been out of reach for many”.
StockX’s catalog of fine art prints includes more than 350 different prints by over two dozen artists including Takashi Murakami, KAWS, Yoshitomo Nara, Shepard Fairey, Hebru Brantley, Matt Gondek, Madsaki and Futura.
If you want more info about it, we recommend visiting the StockX website.
