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Generative art is the next frontier for NFT bros

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Source: GQ

It used to be nerdy to make art with code. Then NFTs came along and unleashed a gold rush on digital art, and it got a whole lot more mainstream. And while the crypto boom and subsequent bust tanked the value of a lot of digital art projects, one area has emerged strong in its wake: generative art.

Generative art – works made using algorithms, AI, or machine learning – has an artistic lineage that stretches further back than the smartphone. Code-based art has been around since the 1960s, when early adopters first programmed computers to draw wonky shapes and abstract forms. Now, generative art is a fast-growing scene steadily making its way into the market’s red-hot core, luring both new and longtime art collectors to drop serious sums.

One of the things collectors love about buying generative art is getting to try their own hand. The vibe here is less cult-of-the-artist and more egalitarian. With a lot of generative works – often purchased on an Ethereum-based marketplace called Art Blocks – the collector sets the code in motion and doesn’t know what the output they bought will look like until it’s finished. Art Blocks artists often game the system, writing their code so outputs with certain traits will be rare – and therefore valuable and sought-after. This can be fun for collectors (many from the worlds of finance and crypto) who are less familiar with art than, say, Pokémon cards. They get excited about data and numbers and love that artists can make something beautiful from them. Sometimes the algorithm spits out mysterious or beautiful visual forms, impossible to anticipate. One of the 1,000 outputs of Canadian artist Dmitri Cherniak’s series Ringers – inspired by the classical mathematical problem of calculating the ways in which string can be wrapped around pegs – looks like a goose, with a beak and wings silhouetted in white and gold. In June, it sold at Sotheby’s for $6.2m – over twice its estimate.

Read more: https://www.gq-magazine.co.uk/article/ai-generative-art-trend

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Welcoming Art Blocks to our NFT marketplace!

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Source: KRAKEN blog

Art Blocks is perhaps most well known for the Chromie Squiggle by Snowfro collection, project #0. A 10,000-piece collection created in October 2020, it has generated over 75,000 ETH ($171M USD) in trading volume.

Some other well known Art Blocks collections include Fidenza by Tyler HobbsRingers by Dmitri CherniakMeridian by Matt DesLauriers and Anticyclone by William Mapan.

Art Blocks’ three main categories

1. Curated Collections
These collections are carefully selected by the Art Blocks team for their innovation, artistic integrity and contribution to the field of generative art. The Curated Collection is a showcase for what is possible in the realm of algorithmic art, highlighting premier artists and groundbreaking projects.

Read more: https://blog.kraken.com/product/nft/welcoming-art-blocks

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Thought NFTs were dead? A piece of pixelated art just sold for $16 million.

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Source: Yahoo Finance
  • Someone bought a CryptoPunk NFT for 4,500 ETH, or about $16 million.
  • It’s the second-most expensive CryptoPunk NFT sale ever by dollar amount.
  • The buyer outbid another offer for 4,250 ETH, or about $14.5 million.

Remember NFTs? Someone just bought one for roughly $16 million.

A bidder paid 4,500 ether for CryptoPunk #3100, one of the series’ nine “Alien Punks” non-fungible tokens. On Monday, the price of ether hovered at about $3,556 per token, which makes the March 4 sale the second-most expensive CryptoPunk sale.

Read More: https://uk.finance.yahoo.com/news/thought-nfts-were-dead-piece-033541918.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAMAZTyNgW6ENBN6ZQeciu4lTwKGOEPkE5uWwaW2FOkiDIh7eYT33hYfpTTaJSiLBTK7ge84tUXGsRiY7sTgtjhcoTZgn7D4XEoVdK0_3hESec6lJ1m3XTS3DeOqq9ZhPvOTX-l7_3f0wFiZwPegTWX4Ig4h5Yd7YpB5H5RPfAb7V

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THE ZEN OF NFTS: 33NFT’S 33 DAY DROP BRIDGES ART AND MINDFULNESS

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Source: NFT Culture

A DEEP DIVE INTO DROP MECHANICS

The drop mechanics introduced by Trevor Jones exemplify a unique fusion of digital and physical art realms, underscored by augmented reality (AR) elements. His offerings—Solace, Serenity, Sanctuary, and Stillness—range from 1/1 auctions to limited editions, ensuring that both high rollers and dedicated fans have a chance to own a piece of his art. Notably, the auctions are designed to reward high bidders with original framed paintings, while others can still cherish signed, numbered prints enhanced with AR technology.

Similarly, the collaborative effort by Lucho Poletti, Zhuk, Mindzeye, and Brilly introduces a ranked auction open to all, alongside exclusive editions for 33NFT Pass holders. These mechanics emphasize inclusivity and community engagement, hallmarks of the 33NFT ethos.

Read more: https://www.nftculture.com/nft-news/the-zen-of-nfts-33nfts-33-day-drop-bridges-art-and-mindfulness/

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