Future Of Money Design Award 2019

Future Of Money Design Award 2019 now is over!

The Future of Money Design Award 2019, now is calling for entreis, challenging everyone worldwide to design the financial crime of the future.

About Competition

The Future of Money Design Award (FOM) 2019, recently has opened for entries inviting artists and designers to design the financial crime of the future.

The Future of Money Award has been running since 2009 and was created to develop links between the financial industry and creative practitioners from around the world. This is achieved by awarding the opportunity to present thought-provoking ideas to a group of financial experts and industry leaders during Money20/20 Europe in Amsterdam.

Crime, whether we like it or not, is a driving force behind a large proportion of technological ‘progress’. In 1817, a burglary at a British dockyard led the government to start a competition, challenging locksmiths to invent an unpickable lock. The result was the Chubb detector lock, and it remained ‘unpicked’ for 33 years.

In the past, adding another lock, or increasing the wall thickness of a safe was the obvious solution to deter theft. However, money is no longer physical, it is now predominantly a data set shared via telecommunications, secured via encryption, transacted via smartphone or exchanged into V-bucks. As our money becomes completely electronic, new crimes will undoubtedly be committed, which take advantage of the technology itself or the social conventions on which it rests. Perhaps if we could imagine what crimes might happen, we could start to think about how to prevent them. The theme of this year competition is "design the financial crime of the future".

What financial crimes could be committed within a completely electronic marketplace? Organiser invite creative practitioners to employ a speculative design approach and design a future financial crime. A crime which utilises a new loophole, a change in social convention or specific technology development.

The competition will run in two phases:

• 1st phase – Initial Idea - submit an overview of your initial concept. Preferred format is PDF, maximum 3 pages communicating the concept and examples of previous work (website or PDF). Deadline for submission 5th April 2019.

• 2nd phase - Project Development - 4 shortlisted entrants will receive €1000 each to develop their idea and produce a short video. The videos and concepts will be presented and judged at Europe’s largest FinTech event, Money20/20 Europe, taking place on 3rd to 5th June 2019 in Amsterdam.

There is no entry fee to participate!

Eligibility

The Future of Money Design Award 2019 is open to everyone worldwide.