Mark Moore Fine Art artist DANIEL CANOGAR presented at ARCO an amazing new artwork last week titled XYLEM: a new media abstraction using market prices of 383 global index funds, updated every 10 seconds. The work was a fantastic success and the edition of 7 was sold out the first day of the fair – here is a link to this work for your reference.
Image: Daniel Canogar XYLEM / 80 inch 4K screen display, generative animation, computer. 106 x 181 cm
The work was also featured in THE ISSUE MAGAZINE – you can read the article here.
Xylem features a generative animation created with real-time data from 383 global financial indexes. The incessant flow of financial information is a true vital energy that moves the world’s economy. The vertical movement of the animation faithfully reflects rising or dropping prices of daily trading quotes updated every 10 seconds.
The palette of colors in the artwork has been taken from the hues of the main currencies in the world, including the verdant color of the green-back, the pink tone of the 500 euro bill, and other international notes including the British Pound and the Chinese Yuan. Also included are colors of traded commodities including gold, silver, copper and platinum.
The artwork evokes cascading fluid motions as those found in rain or waterfalls, as well as biological processes of animal and vegetable circulatory systems. As markets open and close across the globe, financial data is incessantly circulating through the arteries of our global digital web. As a generative artwork that never repeats itself, Xylem attempts to capture the ceaseless ebb and flow of financial data that touches us in more ways than we can imagine.
Xylem definition: the vascular tissue in plants which conducts water and dissolved nutrients upwards from the root and also helps to form the woody element in the stem.
For more information on the work of Daniel Canogar, please contact: firstname.lastname@example.org