Index :: mirrors


Ponzinomics refers to a tokenomic structure where rewards are funded by new capital inflows and token emissions rather than organic revenue. It is a study of reflexive game theory, where the utility of the system is the expansion of the system itself. This model relies on a "Dilution-Liquidity Paradox": as more tokens are issued to sustain high yields, the underlying claim on the protocol's value decreases.

This work analyzes the aesthetics of the "death spiral." It documents the transition from euphoric growth to systemic contraction. High APYs function as a psychological tool to lock users into an ecosystem designed for mercenary capital. In crypto, Ponzinomics is often a transparent, coded experiment in unsustainable growth—a gamble on timing and the endurance of collective mania.

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Edition of Two, Each Unique
Only two mirrors exist at this scale — one mounted on a varnished wood panel, the other on black acrylic. Each is accompanied by a hand-signed certificate of authenticity, certifying its rarity and provenance.

Materials
Acrylic and polymer on mirror, mounted on wood panel. Silkscreened using our overprinting technique: multiple layers of paint meticulously applied to create a subtle, tactile depth within the text.

Year
2025

Dimensions
11.75 x 11.75 x 2 in. (30 x 30 x 5 cm)

A reflective artifact of crypto culture—where permanence meets perception, and meaning shifts with the viewer.