fx(hash), an open platform where artists can mint Generative Tokens stored on the Tezos blockchain, is now the leading generative art NFT platform on the Ethereum Art Blocks. Tezos blockchain is a decentralized open-source platform that is capable of executing P2P (peer-to-peer) transactions. It also serves as a platform whereby smart contracts can be deployed. The Tezos network achieves consensus using PoS (proof-of-stake).
fx(hash) as an open, algorithmic canvas for creative coders and generative artists is now the leading generative art NFT platform overtaken Ethereum’s Art Blocks. As reported in May, fx(hash) volume surged amidst the general NFT market downturn with nearly $6M in sales. This was figured out when Tezos announced its NFT sales were up in May with fx(hash) and Objkt.com, the largest Tezos marketplace, which recently eclipsed $100M in sales, leading the way.
In late May, fx(hash) was in the spotlight at Art Basel in Hong Kong with a groundbreaking interactive installation designed as a generative living experience.
Subsequent to that, for the first time, earlier this month in June, the open generative art platform built on the Tezos network, fx(hash) overtook the Ethereum-based Art Blocks in total sales. The fact that fx(hash) is global with a diverse community of artists including collectors, and the approach of its platform to act less as a restrictive marketplace and more as an open-source tool for artists across the globe to explore their creative talent, just sets it apart from its contemporaries in the multi-chain NFT art ecosystem.
“Technology is usually dismissed as an element hostile to art. I want to try to prove that it is not, that it even opens up unimagined new artistic territory for us.” Said Herbert Franke, one of the grandfathers of generative art, writer, and artist who, back in the year 1957, described the relationship between technology and art as a tool.
The potential of generative art on the Tezos fx(hash) platform to undergo a blockchain renaissance is not lost on the leading voices of today’s NFT art community. Even Snoop Dogg’s alter-ego, Cozomo de Medici, recently remarked that the “finest new artists mint on Tezos” and that generative art will radiate from crypto art as a true modern classification. This trend is already starting to be obvious on Tezos as fx(hash). According to DappRadar, fx(hash) has not only overtaken the Art Blocks but also some other platforms such as; Super Rare, Known Origin, and Makers Place.
About fx(hash)
fx(hash) is an open platform where artists can mint Generative Tokens stored on the Tezos blockchain. fx(hash) was introduced in November. One of the first tokens introduced on the platform was minted by one of its founders, and surprisingly, that went viral and made it famous as it is now. What fuels the platform is the philosophy of providing generative artists with the tools to mint their pieces sans curation.
Conclusion
The fx(hash) interactive installation designed as a generative living experience will feature a curated group of generative artists who collectively represent the various communities minting Tezos NFTs on fx(hash).
What makes the fx(hash) platform incredibly exciting is the freedom it gives to artists and collectors. For example, they have no curation, although that might not be accepted by some at first. Similar platforms, such as Playground and Art Blocks, have a key team of curators deciding who can mint. But on fx(hash) there is no such thing as that. As long as an artist abides by simple arrangement rules and agrees to only upload original generative artwork, they’re free to mint without restrictions.
