- Underwriting;
in it’s simplest sense, is to write under something, especially under something written; to subscribe. An underwriter agrees to pay for or finance an undertaking by adding one’s name to a document. A ledger. We are thinking about a framework we might come to call an Underwriting Exchange. We are talking about the practice of readers underwriting artists by guaranteeing payment in advance for a process, service, object, idea, relationship or language. More than crowdfunding, underwriting (embracing speculative risk) becomes the fluctuating value itself—the economy of investment exchange. A constantly fluctuating value driven by language, proximity and the markets. In equal measure.
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