The Artistic Odyssey: Unveiling Tezos NFT Marketplaces, fxhash, and Temple Wallet for Art Enthusiasts
written by Adil Kazani
Tezos is a multi-purpose blockchain designed to integrate a self-amending protocol and on-chain governance for effective network management. It enables the creation of tokens and smart contracts, facilitating the development of decentralized applications (dApps). Unlike Bitcoin and Ethereum, Tezos employs an on-chain governance system that allows token holders to collectively make decisions and enhance the network over time, promoting inclusivity and transparency. This innovative approach sets Tezos apart in the realm of blockchain technology.
I. Understanding Tezos: A Self-Amending Protocol
Tezos introduces a self-amending protocol, which means the blockchain itself can be upgraded and adapted without the need for hard forks. This unique capability allows the Tezos network to remain flexible and easily accommodate changes and improvements over time. By avoiding contentious hard forks, Tezos minimizes network disruptions and fosters a more harmonious and collaborative environment.
The self-amending protocol is achieved through a formal governance mechanism that enables token holders to propose, discuss, and vote on amendments to the protocol. The process is transparent, inclusive, and democratic, ensuring that all stakeholders have a say in the future development of Tezos. This on-chain governance model eliminates the need for off-chain decision-making processes, ensuring a more efficient and decentralized system.
II. On-Chain Governance: Empowering the Tezos Community
Tezos' on-chain governance system is the backbone of its decentralized decision-making process. It allows token holders to actively participate in shaping the future of the network by proposing and voting on protocol upgrades and changes. The governance process is designed to be inclusive, transparent, and fair, ensuring that decisions are made collectively and in the best interest of the community.
Proposal Phase: Engaging the Community
The first step in the governance process is the proposal phase. During this stage, any token holder can submit a proposal for protocol upgrades, new features, or changes to existing functionality. These proposals are open for discussion and scrutiny by the community, fostering a collaborative environment where ideas can be refined and improved through active participation.
Exploration and Testing: Ensuring Quality and Security
After a proposal is submitted, it goes through a thorough exploration and testing phase. This allows the community to evaluate the technical feasibility, security implications, and potential impact of the proposed changes. Tezos' community-driven approach ensures that proposals are rigorously examined to maintain the integrity and stability of the network.
Voting: Making Collective Decisions
Once a proposal has been thoroughly explored and tested, it moves to the voting stage. Token holders can cast their votes, either directly or through delegation, to express their preference for or against the proposed changes. The voting process is fair and transparent, with each token representing one vote. This democratic approach ensures that decisions are made collectively, reflecting the majority will of the community.
III. Benefits of Tezos: A Platform for Innovation
Tezos offers several key benefits that make it a compelling choice for developers, businesses, and blockchain enthusiasts alike. Let's explore some of these advantages:
Flexibility and Adaptability
With its self-amending protocol, Tezos provides unparalleled flexibility and adaptability. The ability to upgrade the blockchain without contentious hard forks allows for seamless evolution and the incorporation of new technologies. Developers can confidently build applications on Tezos, knowing that the platform will continue to evolve and remain relevant in a rapidly changing landscape.
Security and Reliability
Tezos is built on a foundation of rigorous security and formal verification. The use of formal methods ensures that the code powering the Tezos protocol is mathematically proven to be correct. This approach minimizes the risk of vulnerabilities and enhances the overall security and reliability of the network, making it a trusted platform for critical applications and sensitive transactions.
Empowering the Community
The on-chain governance system empowers the Tezos community, allowing token holders to actively participate in shaping the network's future. By including stakeholders in the decision-making process, Tezos creates a sense of ownership and shared responsibility. This community-driven approach fosters innovation, collaboration, and continuous improvement.
Meme Of The Day: Tezos till we die!
Top Tezos NFT marketplaces you should know about:
Advantages of Minting NFTs on Tezos Blockchain
1. Cheaper minting cost: Minting NFTs on the Tezos blockchain is significantly more affordable compared to Ethereum, with costs ranging from only 30 to 50 cents. This cost reduction is made possible by Tezos' proof-of-stake mechanism, which enables faster transaction processing and lower energy consumption compared to proof-of-work blockchains.
2. Decentralization: Similar to Ethereum, Tezos is a decentralized blockchain governed by its own community rather than a centralized organization.
3. Enhanced Security: Tezos prioritizes security, implementing verifications at both the protocol and application layers. This is achieved by leveraging the OCaml and Michelson programming languages, which are commonly used in mission-critical industries.
4. Eco-friendly: Tezos stands out for its eco-friendly approach. By utilizing a proof-of-stake algorithm, the Tezos blockchain consumes over 2 million times less energy compared to proof-of-work blockchains. This energy efficiency surpasses that of Bitcoin and Ethereum.
Best TOP 5 Tezos NFT Marketplaces:
1. Objkt.com
2. Teia
3. Hic et Nunc
4. fxhash
5. Versum
Objkt.com: A Leading NFT Marketplace on Tezos Blockchain
Objkt.com stands as one of the prominent and largest NFT marketplaces within the Tezos blockchain ecosystem. It offers a range of features and functionalities, catering to the needs of artists and collectors. The platform supports both English and Dutch auctions, providing flexibility in the trading process. Furthermore, Objkt.com hosts numerous Hic et Nunc tokens, expanding the diversity of available assets.
Key features of Objkt.com include:
1. Repricing NFTs without delisting: Artists and creators have the ability to adjust the prices of their listed NFTs without the necessity of delisting and relisting the items.
2. Follow feature: Users can follow their favorite artists and receive updates and notifications regarding their latest artworks and releases.
3. Split royalties: Objkt.com enables the splitting of royalties among multiple creators, ensuring that all parties involved receive their fair share of earnings.
4. Mint date displayed: Each token's mint date is prominently displayed on the token page, providing valuable information to collectors and enthusiasts.
5. Add to favorites: Users can add artworks to their favorites list, facilitating easy access and personalized notifications for any updates or developments.
6. Bookmarking artworks: The platform allows bookmarking specific artworks, enabling users to receive notifications related to those particular pieces.
7. Collection collaborations: Objkt.com supports collaboration among artists, empowering them to create collections together and showcase their joint works.
8. Multiple creators for minting tokens: Artists have the option to mint tokens with multiple creators involved, recognizing and acknowledging collaborative efforts.
In addition to these features, Objkt.com offers a minting service that allows artists to create NFTs starting from a minimum of 0.0011 tez, thereby ensuring accessibility for creators of various backgrounds. Furthermore, the platform emphasizes the importance of artist royalties, respecting the creators by providing them with their rightful earnings.
Notably, GAP, the American clothing company, has chosen Objkt.com as the platform to launch their NFTs, further highlighting its prominence and reputation within the market.
Fees:
Objkt.com imposes a transaction fee of 2.5% on every successful transaction, ensuring a sustainable revenue model while facilitating a seamless trading experience.
Wallet Support:
Objkt.com supports a range of wallets, including Spire, Temple Wallet, Galleon, Kukai Wallet, Umami, AirGap Wallet, Autonomy, and Naan Wallet, providing users with multiple options to securely store and manage their digital assets.
Teia: Empowering NFT Trading on Tezos Blockchain
Teia NFT Marketplace is a dynamic and innovative platform within the Tezos blockchain ecosystem, dedicated to facilitating the buying, selling, and trading of non-fungible tokens (NFTs). With its robust set of features and user-friendly interface, Teia NFT Marketplace has emerged as a leading destination for artists and collectors seeking to engage with the Tezos NFT community.
Key Features of Teia NFT Marketplace include:
1. User-friendly interface: Teia NFT Marketplace boasts an intuitive and user-friendly interface, making it easy for artists and collectors to navigate the platform and discover new NFTs.
2. Seamless trading experience: The marketplace is designed to provide a seamless trading experience, enabling users to effortlessly list, buy, and sell NFTs with minimal friction.
3. Robust search and discovery: Teia NFT Marketplace offers advanced search and discovery functionalities, allowing users to explore and find NFTs based on specific criteria such as artist, category, or collection.
4. Auction formats: The platform supports various auction formats, including English and Dutch auctions, offering flexibility in the trading process and catering to different user preferences.
5. Royalty management: Teia NFT Marketplace places emphasis on ensuring fair compensation for artists. Through its royalty management system, artists receive a percentage of the proceeds from secondary sales, providing ongoing support for creators.
6. Collections and curation: Users can create and curate their own collections, showcasing their favorite NFTs and organizing them in a personalized and meaningful way.
7. Secure wallet integration: Teia NFT Marketplace supports integration with secure Tezos wallets, allowing users to securely connect their wallets to the platform and manage their digital assets.
8. Community engagement: The marketplace fosters a vibrant community by facilitating interactions and discussions among artists, collectors, and enthusiasts. Users can connect with each other, share insights, and collaborate on projects.
Teia NFT Marketplace contributes to the growth and adoption of the Tezos blockchain by providing a dedicated platform for artists and collectors to engage in the NFT market. With its user-friendly interface, diverse auction formats, robust search capabilities, and emphasis on artist royalties, Teia NFT Marketplace is an essential hub for exploring, acquiring, and trading NFTs on the Tezos blockchain.
Fees:
Teia NFT Marketplace operates with a transparent and fair fee structure. For every successful transaction conducted on the platform, a nominal fee is charged to cover operational costs and support ongoing development. The specific fee percentage is displayed clearly during the transaction process, ensuring transparency and enabling users to make informed decisions.
Wallet Support:
Teia NFT Marketplace provides seamless integration with a range of Tezos-compatible wallets, empowering users to securely manage their NFTs and engage in transactions. Supported wallets include but are not limited to Spire, Temple Wallet, Galleon, Kukai Wallet, Umami, AirGap Wallet, Autonomy, and Naan Wallet. By supporting a variety of wallets, Teia NFT Marketplace offers flexibility and convenience, accommodating different user preferences and ensuring a smooth user experience. Users can connect their preferred wallet to the platform effortlessly, enabling secure access to their Tezos-based NFTs and seamless interaction with the marketplace.
Hic et Nunc: The Revived NFT Marketplace
Hic et Nunc, also known as H=N, gained significant popularity as one of the most renowned NFT marketplaces from August to November 2021. However, in November 2021, the marketplace's creator took down the site, leading to a drastic decrease in site traffic. Nevertheless, the community rallied together and successfully recovered the platform, bringing it back online. Currently, Hic et Nunc is operational, but its user-friendliness has been impacted due to a lack of design enhancements.
One of the distinguishing features of Hic et Nunc is its commitment to autonomy and energy efficiency. The platform is recognized for its green approach, as NFTs minted and traded on Hic et Nunc are often referred to as "green NFTs" due to their reduced energy consumption compared to other marketplaces.
Hic et Nunc is artist-friendly and demonstrates its support by offering 10-25% royalties for artists. This ensures that creators receive a fair share of the proceeds from secondary sales of their NFTs, promoting sustainability and recognition of artistic contributions.
Fee:
To sustain the platform's operations, Hic et Nunc imposes a 2.5% seller fee on each successful transaction. This fee contributes to the maintenance and development of the marketplace, ensuring its continued availability for artists and collectors.
Wallet Support:
Hic et Nunc facilitates seamless integration with several Tezos-compatible wallets, providing users with convenient options to securely manage their NFTs. Supported wallets include Spire, Temple Wallet, Galleon, Kukai Wallet, Umami, and AirGap Wallet. Users can connect their preferred wallet to the platform, enabling secure access to their digital assets and facilitating smooth transactions within the Hic et Nunc ecosystem.
Despite facing challenges and a temporary interruption, Hic et Nunc has managed to recover and continue serving as a platform for artists and collectors to engage with NFTs, emphasizing autonomy, green initiatives, and artist royalties.
fxhash:Empowering Generative Artists in the NFT Space
fxhash stands out as an open NFT platform that caters specifically to generative artists, providing them with a space to publish their unique creations known as Generative Tokens (GT). Generative Tokens are automatically generated outputs using computer programs, allowing artists to explore the creative potential of code-driven artwork.
As a platform dedicated to generative art, fxhash supports Generative Tokens that are written in HTML, CSS, and Javascript. This enables artists to leverage their coding skills and express their artistic vision through dynamic and interactive NFTs.
Once artists publish their Generative Tokens on fxhash, the platform allows anyone to mint unique iterations from the original artwork. This fosters a sense of collaboration and creativity, empowering collectors to engage with and own distinct variations of the generative art.
fxhash recognizes the importance of royalties for artists. The platform offers customizable royalty options, allowing artists to define their preferred percentage of earnings from secondary sales. This feature ensures that artists are duly rewarded for their creativity and ongoing contributions.
Key features of fxhash include:
1. Sandbox support for trial mints: fxhash provides a sandbox environment where artists can experiment and test their Generative Tokens before publishing them. This feature allows artists to refine their creations and ensure optimal results.
2. Excellent documentation: fxhash offers comprehensive and user-friendly documentation, providing separate guides for artists and collectors. This documentation assists users in understanding the platform's functionalities and navigating the process of creating and interacting with Generative Tokens.
Fee:
During the beta version, fxhash applies a 2.5% platform fee for minting NFTs. This fee contributes to the platform's development, maintenance, and the support it provides to generative artists.
Wallet Support:
fxhash offers integration with various Tezos-compatible wallets to facilitate secure storage and management of Generative Tokens. Supported wallets include Spire, Temple Wallet, Galleon, Kukai Wallet, Umami, AirGap Wallet, Autonomy, and Naan Wallet. This broad wallet support ensures that users can choose their preferred wallet solution while engaging with the fxhash platform, promoting flexibility and convenience.
fxhash empowers generative artists by providing a dedicated platform for them to showcase their skills and creativity through Generative Tokens. With features such as sandbox support, excellent documentation, customizable royalties, and wallet compatibility, fxhash creates an inclusive environment for artists and collectors alike to explore the unique world of generative art within the NFT space.
Versum: Where Art Meets Scalability in the Tezos Metaverse
Versum is an innovative NFT platform and metaverse built on the Tezos blockchain, with a specific focus on art and scalability. It offers a unique approach to displaying NFTs, organically presenting them to users based on their personal preferences. Unlike other platforms, Versum eliminates the need for traditional success metrics like sales, views, likes, or followers to determine an artist's popularity. This approach makes it a welcoming and beginner-friendly platform, allowing artists to gain exposure based on the organic discovery of their artworks.
Versum is dedicated to supporting generative tokens, expanding the creative possibilities for artists. This upcoming feature will enable artists to explore the dynamic and algorithmic aspects of generative art within the Versum ecosystem.
To ensure authenticity and quality, artists are required to go through a verification process in order to mint their NFTs on Versum. Detailed information on the verification process can be found in the provided guide, offering transparency and security for both artists and collectors.
Key Features of Versum:
1. Minimalistic UI: Versum prides itself on a clean and minimalistic user interface, providing a visually appealing and intuitive experience for users to explore and engage with NFTs.
2. Infinite scalability: Leveraging the capabilities of the Tezos blockchain, Versum is designed for infinite scalability, ensuring smooth and efficient handling of the growing number of NFTs within the platform.
3. Personalized feeds: Versum delivers a personalized browsing experience, presenting NFTs to users based on their individual preferences and interests. This unique approach allows for serendipitous discovery and a tailored exploration of the art collection.
Fee:
The specific fee structure of Versum is currently unknown. To obtain accurate and up-to-date information regarding fees, artists and users are encouraged to refer to the platform's official documentation or announcements.
Wallet Support:
Versum offers seamless integration with a range of Tezos-compatible wallets, including Spire, Temple Wallet, Galleon, Kukai Wallet, Umami, AirGap Wallet, Autonomy, and Naan Wallet. This diverse wallet support ensures that users can securely manage their NFTs and interact with the Versum platform using their preferred wallet solution.
Versum emerges as a forward-thinking NFT platform and metaverse, combining art, scalability, and personalized discovery. With its minimalistic UI, commitment to scalability, personalized feeds, and forthcoming support for generative tokens, Versum provides an immersive and accessible environment for artists and collectors to engage with the vibrant Tezos NFT ecosystem.
What is fxhash? Beginners guide to creating & collecting Generative Art NFTs on Tezos
In 2021, the world of crypto art NFTs witnessed an extraordinary surge in popularity. Notable artworks such as Fidenza by Tyler Hobbs, Ringers by Dmitri Cherniak, and Dreaming at Dusk by Itzel Yard fetched millions of dollars at prestigious auction houses like Sotheby's and on prominent NFT platforms such as OpenSea. What sets these artists apart is their focus on generative art, a form of art created using autonomous systems like code.
Art Blocks, an NFT platform, played a significant role in this success. It offered a seamless experience, enabling users to connect their Ethereum wallets, make payments, and receive original generative artworks directly into their wallets. However, the skyrocketing transaction fees on the Ethereum network, coupled with concerns about its carbon footprint, have posed financial and ethical challenges for many users, leading to a demand for alternative platforms.
Enter fxhash, a game-changer in the space. Built on the energy-efficient Tezos blockchain, fxhash offers generative artists and collectors an affordable and eco-friendly platform to create and exchange NFT artworks.
Despite being less than a month old, fxhash has already celebrated its 100,000th mint, highlighting its rapid growth and increasing popularity. As a result, numerous current and former Art Blocks artists have migrated to fxhash, recognizing its potential and advantages.
Here's everything you need to know about fxhash, generative art NFTs, and some noteworthy fxhash artists worth following:
Understanding Generative Art and Its Connection to NFTs
To fully appreciate the significance of fxhash and its platform for generative artists, it is important to grasp the concept of generative art and its relationship with NFTs. Generative art refers to art that is generated through the use of an autonomous system, typically computer code or rule-based machines.
The roots of generative art can be traced back to the early 1960s when pioneers like Vera Molnár and Manfred Mohr explored the use of algorithms to create visual art. In recent years, generative artists have embraced blockchain technology and begun uploading their art-producing code, known as scripts, to platforms like Ethereum and Tezos. Through interactions with collectors and the use of crypto wallets such as Metamask and Temple Wallet, these scripts are used to mint unique and original artworks stored as NFTs in the collectors' wallets.
The originality of each output generated from the artist's script is determined by a unique seed contained within the minted NFT. This seed, represented by a specific hexadecimal string, controls the variables of the script and contributes to the creation of distinct and unpredictable artworks.
By combining generative art with NFT technology, artists can unlock the virtually boundless potential of their creations. They can design code capable of generating trillions of iterations while limiting the number of outputs to a more manageable quantity. Typically, artists choose to generate anywhere from 128 to 10,000 iterations, depending on the desired level of meaningful variation their code can express.
The fundamental idea behind this fusion of generative art and NFTs is to disrupt the traditionally mediated process of creating, distributing, and collecting original artwork. In the traditional art world, intermediaries such as agents, galleries, and auction houses often dictate the terms, leaving artists with limited control and inadequate compensation. By leveraging generative art and NFTs, artists establish a direct economic relationship with their audience. The NFT serves as proof of ownership and provenance, providing collectors with assurance of the artwork's uniqueness and authenticity.
Fxhash and platforms like it provide generative artists with a decentralized and accessible ecosystem, empowering them to directly engage with their audience and receive fair compensation for their creations. By embracing generative art and NFTs, artists and collectors alike can participate in a more transparent and rewarding art marketplace.
What is fxhash?
Since its launch in November 2021, fxhash has embraced a straightforward philosophy focused on providing generative artists with a platform to mint their pieces in an open and uncensored environment. The platform takes a hands-off approach to curation, making it accessible to all artists.
One of the key advantages of fxhash is its foundation on the Tezos blockchain, which boasts negligible transaction fees. This stark contrast to the high fees associated with Ethereum, where most NFTs are created, has positioned Tezos as an ideal ecosystem for experimental art and independent artists. Tezos' affordability has attracted a vibrant community of artists and collectors who are driven by the pursuit of artistic expression, experimentation, and the original ethos of crypto and NFTs.
The compatibility between fxhash and the Tezos brand is evident, as the platform aligns perfectly with the values and culture fostered within the Tezos ecosystem. It comes as no surprise that fxhash has experienced rapid adoption within this community. NFTs on Tezos, particularly on fxhash, offer a blend of fun and intriguing elements that reflect the spirit of the artists and collectors who are at the forefront of creating and collecting these artworks.
Through its presence in the Tezos ecosystem, fxhash has found a natural home where it can thrive alongside a passionate community of artists and enthusiasts who are deeply committed to the art, experimentation, and the core principles of crypto and NFTs.
One of the most surprising aspects of fxhash, the generative art treasure trove, is that it is still in the beta phase. Despite being in beta, the platform has managed to attract a large number of collectors who are enthusiastically investing their XTZ tokens. This speaks volumes about the quality, quantity, and affordability of the NFTs available on fxhash. Many projects on the platform can be minted for a mere 2 XTZ, which is approximately $10. This affordability, in comparison to Ethereum-based NFTs, provides a favorable risk-to-reward ratio for collectors.
Interestingly, fxhash's founder and generative artist, ciphrd, serves as the sole developer of the platform. Only recently, ciphrd made the decision to leave his full-time job in order to fully dedicate himself to developing the next iteration of fxhash. Once this transition occurs, the circulation of the current gentk tokens will come to a halt, although they will still be tradeable. Instead, a new token standard built on improved smart contracts will be introduced, signaling the platform's ongoing evolution and commitment to advancing its capabilities.
How does fxhash work?
Fxhash offers a user-friendly experience for both collectors and artists, with various features designed to facilitate their interactions on the platform. Artists are encouraged to utilize the "sandbox" section of fxhash's website to test and preview their projects before deploying them on the blockchain. This allows artists to better understand how their projects will behave once they are live.
Enthusiasts and collectors can easily explore the extensive collection of existing and upcoming projects on fxhash through intuitive dashboards. This accessibility makes fxhash a viable option for a wide range of creators and consumers within the generative art ecosystem.
While fxhash has low barriers to entry, it operates differently compared to other NFT platforms and marketplaces. Typically, developers create a smart contract or utilize platform-specific tools to deploy it onto the blockchain. This contract contains a supply of NFTs that can be minted by users through a transaction on the blockchain.
Fxhash follows a similar process, but with a focus on generative tokens (GTs). GTs are tokens created by artists using the main fxhash smart contract, serving as the foundation for subsequent NFTs minted on the platform. Each NFT on fxhash is an iteration of the original GT, directly linked to the original image or animation. This unique approach allows artists to create a "mother token" that collectors can mint unique iterations of, resulting in a collection of NFTs over time.
Although this may initially seem complex, it becomes simpler once put into action. For a detailed understanding of the mechanics and how to get started on fxhash, the platform provides a comprehensive guide to creating and collecting tokens.
Overall, fxhash's approach to minting and collecting NFTs provides artists and collectors with a streamlined and engaging experience within the generative art space.
-Minting generative art NFTs on fxhash is a straightforward process-
Collecting Art on Tezos: How to use Temple Wallet to buy NFTs
Here's a quick guide to help you get started:
1. Download a Tezos Wallet: Choose a Tezos wallet such as Kukai or Temple. (These wallets are recommended for their compatibility with fxhash.) And browser extension as well.
For more help, read here.
2. Buy XTZ Tokens: Purchase XTZ tokens and send them to your Temple Wallet. XTZ is the native cryptocurrency of the Tezos blockchain and is required for transaction fees and minting NFTs.
3. Visit fxhash.xyz: Open your web browser and go to fxhash.xyz, the official website of fxhash.
4. Explore Projects: Browse the available projects on the platform and find one that interests you. Take your time to explore different artists and their generative art creations.
5. Mint Unique Token: Once you've chosen a project, click on the "mint unique token" option. This initiates the minting process for a unique generative art NFT.
6. Confirm the Mint: A prompt from your Tezos wallet (such as Temple) will appear, asking you to confirm the minting transaction. Review the details and confirm the transaction to proceed.
7. Receive your NFT: After confirming the mint, the generative art NFT will be sent to your Tezos wallet. You now own a unique piece of generative art on the Tezos blockchain.
8. View your Collection: To view your newly minted NFT, click on the "collection" section within the fxhash platform. Here, you can see all the NFTs you own and access the artwork associated with each token.
Note: Occasionally, there might be a delay in populating your collection with the freshly minted NFTs or displaying the artwork. This is normal and can happen due to the platform's scalability. Be patient, and the artwork should appear in your collection shortly.
By following these steps, you can mint generative art NFTs on fxhash and start building your collection on the Tezos blockchain. Enjoy exploring the world of generative art and its vibrant community on fxhash!
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Market Report - Turbo Summary
Overall, Garden, Monoliths and Dragons (from zancan and William Mapan, respectively) continue dominating the top sales, although Iskra Velitchkova and ciphrd aren’t far behind. Universal Rayhatcher by Piter Pasma is in the third spot in weekly volume (I wouldn’t be surprised if it were first). Garabatos by rudxane had a big floor jump (+125%) after two sales over the past five days —keep in mind this is a relatively small collection with only 50 pieces.
Stats From Last Week
Top 5 fxhash Sales:
1. Garden, Monoliths #84 by zancan, ꜩ 9,850
2. Charcoal Seeds #476 by zancan, ꜩ 1,999
3. RGB Elementary Cellular Automaton #592 by ciphrd, ꜩ 1,592
4. RGB Elementary Cellular Automaton #940 by ciphrd, ꜩ 1,100
5. Charcoal Seeds #14 by zancan, ꜩ 1,059
Top 5 Collections by Volume
1. Garden, Monoliths by zancan, ꜩ 9,850
2. Charcoal Seeds by zancan, ꜩ 8,695
3. Universal Rayhatcher by Piter Pasma, ꜩ 3,541
4. Flowers and Sky by Neoformix, ꜩ 2,126
5. RGB Elementary Cellular Automaton by ciphrd, ꜩ 5,647
Top Movers by Floor
1. Garabatos by rudxane, ꜩ 1,750 ( +125.23% )
2. Enfantines II. Enfantillages Pittoresques by Alejandro, ꜩ 125 ( 78.57% )
3. Lucky Oracles by Eko33, ꜩ 55 ( 120.00% )
4. NEOM by OCM#5965, ꜩ 13 ( 73.33% )
5. Erg by Balzerino and Rich Poole, ꜩ 299 ( 94.16% )
credit: Kaloh
Stats from Last Month
Top 10 fxhash Sales
1. Garden, Monoliths #84 by zancan, ꜩ 9,850
2. Garden, Monoliths #28 by zancan, ꜩ 9,500
3. Garden, Monoliths #207 by zancan, ꜩ 9,300
4. Dragons #108 by williamapan, ꜩ 4,200
5. Dragons #302 by williamapan, ꜩ 4,000
6. Dragons #364 by williamapan, ꜩ 3,333
7. horizon(te)s #231 by IskraVelitchkova and Zach Lieberman , ꜩ 3,333
8. Uninhabitable #98 by IskraVelitchkova, ꜩ 3,300
9. Dragons #407 by williamapan, ꜩ 3,000
10. Dragons #483 by williamapan, ꜩ 3,000
Top Movers by Floor
1. horizon(te)s by Iskra Velitchkova and Zack Lieberman, ꜩ 750 ( 50.00% )
2. TENDER Pass by Tender, ꜩ 400 ( 60.00% )
3. Miniscapes by Rich Poole and The Paper Crane, ꜩ 198 ( 32.00% )
4. Solace by lunarean, ꜩ 1,250 ( 38.89% )
5. Perpendicular Inhabitation by Studio Yorktown, ꜩ 230 ( 53.33% )
Top 5 Artists by Volume
1. zancan, ꜩ 84,582
2. ciphrd, ꜩ 26,627
3. williamapan, ꜩ 25,283
4. IskraVelitchkova, ꜩ 16,668
5. Yazid, ꜩ 15,501
credit: Kaloh
Fxhash, as a relatively new platform in the generative art NFT market, has the potential to have a lasting impact on the NFT ecosystem. While other platforms and projects may have gained more attention, fxhash is carving out its space by focusing on generative art and leveraging the advantages of the Tezos blockchain.
Generative art has been a significant part of the NFT market, with notable projects like CryptoPunks, Fidenza, Autoglyphs, and Chromie Squiggle gaining popularity. However, the saturation of generative NFTs, particularly centered around platforms like Art Blocks, may have contributed to a diminishing interest in generative art in some Web3 spaces.
Fxhash's positioning as a new and innovative platform, combined with its utilization of the Tezos blockchain known for its ecological soundness and low transaction fees, sets it apart in the market. The platform's approach of providing an easy-to-use experience, lack of curation, and community-focused management, including plans for a DAO and native token, further contribute to its appeal.
While the secondary market on fxhash may not yet be making headlines with high-value sales, the recent six-figure sale by blue-chip generative artist Zancan demonstrates the emergence of a healthy secondary market. As fxhash continues to grow and evolve, it has the potential to become a significant player in the generative art NFT space.
With its focus on generative art, user-friendly features, and alignment with the values of the Tezos blockchain, fxhash is definitely a platform worth keeping an eye on in the foreseeable future. It showcases the potential for generative art to thrive and offers an alternative for artists and collectors within the NFT ecosystem.
Here are some of the best resources for using fxhash like a pro:
1. fx(hash)++: fx(hash)++ is an all-in-one tool that allows you to mint, buy on the secondary market, and relist NFTs on fxhash. It shows new mints as they arrive on the platform, making it easy to mint quickly. However, it's important to do your own research and verify the artist's Tezos address to avoid scams.
2. NftBiker: NftBiker is a third-party tool that allows you to follow the fxhash minter address and quickly mint projects as they appear on the platform. This is a convenient method when the fxhash explore page is laggy or unavailable.
3. Tzkt.io: Tzkt.io is a valuable tool for fxhash collectors, especially for avoiding scams. Scammers may impersonate popular artists on fxhash, but by searching for the artist's real Tezos address on Tzkt, you can verify their authenticity. If the Tzkt address matches the address of the person minting on fxhash, it's a good sign.
4. fxhash Discord: The fxhash Discord community is a great place to gather information about upcoming mints, discover projects worth exploring, and engage in discussions about generative art. It's a vibrant community filled with like-minded artists and collectors from around the world.
Closing Thoughts:
The art scene on Tezos and platforms like fxhash offer a refreshing approach to NFTs, focusing on creativity, experimentation, and self-expression rather than purely financial gains. It's a space where indie artists can explore their artistic vision without the pressure of high expectations. Taking the time to browse through fxhash and embrace this mindset can lead to exciting discoveries and a deeper appreciation for generative art.
Additional Resources:
1. Kaloh (Twitter): Follow Kaloh on Twitter for expert insights on Tezos NFTs and a great newsletter.
2. MattW (Twitter): Stay updated on Tezos NFTs by following MattW on Twitter. His Smollskull profile picture makes him easily recognizable.
3. fxhashdrops (Twitter): Get timely updates on new and ongoing mints on fxhash by following fxhashdrops on Twitter.
4. fxhash Documentation: Explore the official fxhash documentation for comprehensive information about the platform's background, philosophy, and practical guidance for artists and collectors.
5. Two Bored Apes (Podcast): Tune in to the Two Bored Apes podcast, which covers a wide range of NFT-related news and frequently includes segments on Art Blocks, fxhash, and generative art.
These resources will help you stay informed, gain insights from experts, and engage with the vibrant Tezos and generative art communities. Enjoy your journey into the fascinating world of generative art on fxhash!
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Adil Kazani.