[2] The Masoch Fund reveals and criticizes the fetishist mentality of modern society[3] and tests the institutional boundaries of contemporary art.

Unlike other action artists whose work often refers to personal experience (Marina Abramović) or mysterial impermeability (Viennese Actionists), the Masoch Fund emphasizes the active role of its audience.

The third engraving that was planned to be exhibited was dismissed by a doctor from the mission control center due to its explicit erotic content.

The second stage involved sending Podolchak's artbook Jakob Böhme to the space station and its subsequent putting into orbit.

(German: Zum Tag des Sieges von Herrn Muller) On May 8, 1995, on the anniversary date of the end of World War II on the Eastern Front, 5500 Müllers (bearers of the most common and emblematic German surname) who lived in Berlin received greetings from the Masoch Fund saying “Happy Victory Day!”.

In 1995, Germany was an economically and politically powerful state, while the Soviet Union that had seemingly won the war already ceased to exist.

On the day when Bill Clinton was giving a speech in Kyiv, the Masoch Fund stuck around posters “The Last Concert Tour in Ukraine” featuring the American President playing sax.

All participants of the project were represented not only by their quasi artworks (which in fact were created by Podolchak), but also by their personalized product brands (Saddam Hussein – perfumes, Ulrike Meinhof – insurance business, etc.

[11] For example, the “Marginal Ukraine” project referred to border closure, cancellation of diplomatic relationships with all the countries, renewal of the nuclear power of the state, disbanding the governmental bodies, and disintegrating cities into villages.

It was proposed to hold a referendum and define the principal direction of the country's development by choosing one of the Masoch Fund's projects.