A Guide to Generative NFT Art
Amidst the growing popularity of NFTs, generative art has become one of the most sought after forms of NFT art. The rise of dedicated generative art platforms like Art Blocks and fxhash has really helped bring these NFTs into the wider crypto art community. Some of these NFTs have even fetched hundreds of thousands of dollars. In this guide we'll look at the basics of generative NFTs and discuss: What is generative art? What are the best-selling generative NFT projects? Where can they be bought?
What is generative art?
Generative art is basically a form of art generated by computer code. To explain that, think of an autonomous system as a code-driven set of rules that an artist has created to achieve a unique work of art. These rules can range from the colors and patterns used, to the number of repetitions and randomness. In short, the autonomous system and the artists together create generative art. Artists often use artificial intelligence to bring their creations to life. Algorithms, geometry and a degree of randomness are at the heart of generative art. The final result is a piece of one-of-a-kind artwork that even the artist can't predict!
Generative art as an NFT
In fact, generative art has been around since the early 1960s. However, it wasn´t until 2021 that artists began uploading creative codes to blockchains in order to create generative art NFTs. Simply put, generative NFTs are generative art created using a smart contract stored on the blockchain. Typically, a generative NFT is created by running the code – regardless of whether it has been developed into an NFT or not. Artists usually create a set of images and add some rules to the code. The algorithm then automatically creates a basic drawing by randomly combining images or patterns, according to the rules set by the artist. The most attractive aspect of these NFTs is the level of uniqueness of the minted piece. In addition, there is an element of surprise – neither the collector nor the artist know what the final piece will look like.
Best selling generative NFT art projects.
Now that we've covered the basics of generative art, let's take a look at some of the best-selling generative NFT art projects:
- Autoglyphs – generative NFT art by Larva Labs. Developed by Larva Labs, creators of CryptoPunks, Autoglyphs is offered as the first generative art NFT on-chain project. According to the developers, Autoglyphs are "an experiment in generative art, each unique and created by a code." In 2019, anyone could mint these NFTs by paying 0.2 ETH (around $35 at that time). However, the supply of Autoglyphs was limited to 512. Due to their extreme scarcity, these historic generative art NFTs currently cost a minimum of 245 ETH (around $420,000 USD).
- Fidenza by Tyler Hobbs. Tyler Hobbs' Fidenza is one of the most recognized generative art NFT projects on Art Blocks. It includes a total of 999 NFTs and the cheapest of them will cost you at least 92 ETH (around $157,500 USD). Hobbs launched these NFTs, featuring colorful pastiches, in June 2021.
- Lost Poets is a "multi-level collecting and strategy NFT game". Pak, one of the most respected artists in this surroundings, launched his project in September 2021. The first volume called "Pages" contained 65,536 NFTs in one edition. What's more, every NFT in the collection has been generated using AI. The minimum price of a NFT is 0.08 ETH ($137).
- Solvency by Ezra Miller. Solvency is the brainchild of Ezra Miller. It is a limited collection of WebGL artwork (open-source standard for 3D web animation). Solvency in fact contains 500 editions of artwork, generated from a hash (insert link https://www.charliegaming.cz/kryptoslovnik/hash-a-hashovani/) of the token. In other words, the hash affects the patterns and textures of the artwork, leading to results ofvarious rarity. The minimum price of a NFT is 3 ETH ($5,130).
- Ringers by Dmitry Cherniak. Created by Canadian artist and coder Dmitri Cherniak, Ringers features 1,000 generative art NFTs. These are characterized by a series of "strings and pegs". The collection was created on the Art Blocks platform and is one of its best-selling NFT collections. The current prices start from a minimum of 60 ETH.
Where to buy generative NFTs?
As generative NFTs are becoming more and more popular, several specialized platforms have arrived to satisfy generative art fans. Amidst this, Ethereum-based Art Blocks has established itself as a popular platform for generative NFTs. According to its website, the platform focuses on "truly programmable generative content on demand." Another popular NFT marketplace is fxhash. Based on the Tezos blockchain, fxhash is "an open platform for creating and collecting generative NFTs". Of course, you can also buy NFT art from other popular NFT marketplaces including OpenSea, LooksRare and KnownOrigin. Generative NFTs are in high demand. While this demand is likely to continue, it is still too early to determine how they will fare in the long run. As most top generative art collections suggest, the artist's popularity and historical significance of the pieces are instrumental in their value. As always, make sure you do your own research before any investment.
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Marcus Jr.
Amidst the growing popularity of NFTs, generative art has become one of the most sought after forms of NFT art. The rise of dedicated generative art platforms like Art Blocks and fxhash has really helped bring these NFTs into the wider crypto art community. Some of these NFTs have even fetched hundreds of thousands of dollars. In this guide we'll look at the basics of generative NFTs and discuss: What is generative art? What are the best-selling generative NFT projects? Where can they be bought?
What is generative art?
Generative art is basically a form of art generated by computer code. To explain that, think of an autonomous system as a code-driven set of rules that an artist has created to achieve a unique work of art. These rules can range from the colors and patterns used, to the number of repetitions and randomness. In short, the autonomous system and the artists together create generative art. Artists often use artificial intelligence to bring their creations to life. Algorithms, geometry and a degree of randomness are at the heart of generative art. The final result is a piece of one-of-a-kind artwork that even the artist can't predict!
Generative art as an NFT
In fact, generative art has been around since the early 1960s. However, it wasn´t until 2021 that artists began uploading creative codes to blockchains in order to create generative art NFTs. Simply put, generative NFTs are generative art created using a smart contract stored on the blockchain. Typically, a generative NFT is created by running the code – regardless of whether it has been developed into an NFT or not. Artists usually create a set of images and add some rules to the code. The algorithm then automatically creates a basic drawing by randomly combining images or patterns, according to the rules set by the artist. The most attractive aspect of these NFTs is the level of uniqueness of the minted piece. In addition, there is an element of surprise – neither the collector nor the artist know what the final piece will look like.
Best selling generative NFT art projects.
Now that we've covered the basics of generative art, let's take a look at some of the best-selling generative NFT art projects:
- Autoglyphs – generative NFT art by Larva Labs. Developed by Larva Labs, creators of CryptoPunks, Autoglyphs is offered as the first generative art NFT on-chain project. According to the developers, Autoglyphs are "an experiment in generative art, each unique and created by a code." In 2019, anyone could mint these NFTs by paying 0.2 ETH (around $35 at that time). However, the supply of Autoglyphs was limited to 512. Due to their extreme scarcity, these historic generative art NFTs currently cost a minimum of 245 ETH (around $420,000 USD).
- Fidenza by Tyler Hobbs. Tyler Hobbs' Fidenza is one of the most recognized generative art NFT projects on Art Blocks. It includes a total of 999 NFTs and the cheapest of them will cost you at least 92 ETH (around $157,500 USD). Hobbs launched these NFTs, featuring colorful pastiches, in June 2021.
- Lost Poets is a "multi-level collecting and strategy NFT game". Pak, one of the most respected artists in this surroundings, launched his project in September 2021. The first volume called "Pages" contained 65,536 NFTs in one edition. What's more, every NFT in the collection has been generated using AI. The minimum price of a NFT is 0.08 ETH ($137).
- Solvency by Ezra Miller. Solvency is the brainchild of Ezra Miller. It is a limited collection of WebGL artwork (open-source standard for 3D web animation). Solvency in fact contains 500 editions of artwork, generated from a hash (insert link https://www.charliegaming.cz/kryptoslovnik/hash-a-hashovani/) of the token. In other words, the hash affects the patterns and textures of the artwork, leading to results ofvarious rarity. The minimum price of a NFT is 3 ETH ($5,130).
- Ringers by Dmitry Cherniak. Created by Canadian artist and coder Dmitri Cherniak, Ringers features 1,000 generative art NFTs. These are characterized by a series of "strings and pegs". The collection was created on the Art Blocks platform and is one of its best-selling NFT collections. The current prices start from a minimum of 60 ETH.
Where to buy generative NFTs?
As generative NFTs are becoming more and more popular, several specialized platforms have arrived to satisfy generative art fans. Amidst this, Ethereum-based Art Blocks has established itself as a popular platform for generative NFTs. According to its website, the platform focuses on "truly programmable generative content on demand." Another popular NFT marketplace is fxhash. Based on the Tezos blockchain, fxhash is "an open platform for creating and collecting generative NFTs". Of course, you can also buy NFT art from other popular NFT marketplaces including OpenSea, LooksRare and KnownOrigin. Generative NFTs are in high demand. While this demand is likely to continue, it is still too early to determine how they will fare in the long run. As most top generative art collections suggest, the artist's popularity and historical significance of the pieces are instrumental in their value. As always, make sure you do your own research before any investment.
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