April 2026 Abstract The rise of blockchain‑enabled platforms has reshaped how visual art is created, owned, and disseminated. “Kali Rose” – an exclusive, limited‑edition digital artwork released in early 2025 – illustrates a novel distribution strategy that blends scarcity, community‑driven “passing” rituals, and artist‑controlled provenance. This paper analyses the “passing‑me‑around” model employed for the Kali Rose exclusive, situating it within existing scholarship on digital scarcity, participatory curation, and the economics of non‑fungible tokens (NFTs). By triangulating platform analytics, artist interviews, and participant ethnographies, the study demonstrates that the model generates heightened engagement, reinforces a sense of collective ownership, and reconfigures the value chain between creator, collector, and audience. The findings suggest that curated circulation can serve as a sustainable alternative to traditional open‑market NFT sales, offering new pathways for artistic agency and community building. Keywords Kali Rose, digital‑art exclusivity, passing‑around model, NFT provenance, participatory curation, digital scarcity, blockchain art markets 1. Introduction The digital‑art ecosystem has been dominated, since 2020, by open‑market NFT sales in which works are minted, listed, and bought by the highest bidder. While this model has unlocked new revenue streams for creators, it has also produced speculative bubbles, fragmented audiences, and a loss of curatorial control (McKenna, 2023). Imoutoshare Is 72rar
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Passing Me Around: The “Kali Rose” Exclusive as a Model for Curated Digital‑Art Circulation
In March 2025, visual artist (pseudonym) launched an exclusive artwork titled “Passing Me Around” on the decentralized platform CirculateX . Rather than offering the piece for immediate public purchase, Rose limited the work to 12 initial custodians and programmed a smart‑contract‑enforced “passing” mechanic: each custodian could transfer the token to a new holder after a 30‑day holding period, with a built‑in royalty of 5 % on each transfer.