Generative Art NFTs, Art Created with the Help of Technology

Did you know that "Autoglyphs" is the first project of the "On-Chain" Generative Art NFT? It was created by Larva Labs, the company responsible for the popularity of pioneering NFTs like CryptoPunks. Autoglyphs is a collection of 152 distinct monochrome works of art that was created on the Ethereum blockchain. In this article, SCB 10X will describe this type of NFT and why it is yet another work of art that has gained popularity in the world of crypto.

What Are Generative Art NFTs? 

Generative Art NFT is a type of digital artwork produced automatically by a program, such as code, artificial intelligence (AI), or an algorithm. Blockchain technology and smart contracts are essential to this kind of art.

The advantage of generative art is that the artist controls and designs the structure of the piece, including its color, form, and theme, as opposed to automatic systems or algorithms that are used to generate art randomly. Generative Art NFT is a form of art that requires cooperation between humans and machines. The result is the NFT artwork, which even the artists are unable to predict.

Why do Generative Art NFTs get attention and interest from the world of artwork?

Generated by technology, generative art is influenced by many skilled artists in the NFT space, including Tyler Hobbs, Pak, and Snowfro, who have used AI to create NFT art pieces and gained widespread acceptance.

The platform for generative art creation enables artists to test thousands of new ideas in a matter of seconds because the system quickly produces original work. As a result, AI artists can concentrate on thinking and producing other important elements.

Since it originated in 1960, generative art is actually not a new topic. For the first time, generative art was displayed in a computer graphic exhibition by Georg Nees, one of the pioneers who performed computer programming in order to make computers capable of producing art.

Although generative art is not new and has existed in the world of art for some time, the connection between this form of art and the use of NFT has revived it.

Why are NFT collectors interested in generative Art NFTs?

Generative Art NFTs give a group of artists access to and a way to interact with a global community of collectors. These works of art are distinguished because they rely on the affection and imagination of their collectors. It is what the artists have arranged the structure, color, and other components for. They let technology take over until a difficult-to-predict result was obtained. It will be another way for collectors who enjoy this style of art to access the work when it is in the form of NFT.

The reputation of the artist and the historical significance of the work are typically key factors in determining whether or not generative Art NFTs are successful. An example of a well-known work is "Autoglyphs," which was produced by "Larva Labs," the renowned developer of distinctive NFT collections, CryptoPunks.

Another example could be "Fidenza," one of "Tyler Hobbs’" most well-liked projects on the Art Block platform. It is a collection of 999 different NFTs with colorful curves and blocks.

Where can generative Art NFT be bought and sold?

"Art Blocks," in addition to other markets like OpenSea, KnownOrigin, and LooksRareg, is a leading NFT marketplace where collectors can trade generative Art NFT.

Additionally, "fxhash" is another platform that makes use of the Tezos blockchain and enables users to create and purchase NFT.

Besides well-known marketplaces like OpenSeam, artists can also sell their generative Art NFTs on other platforms like Nifty Gateway, Rarible, Foundation, VIV3, and Axie Marketplace.

Future trend

Generative Art NFTs were sold for billions of dollars overall during the period when the NFT market was at its height of popularity. Despite the fact that the NFT market reached its lowest point in 2022, NFT has still generated physical or virtual exhibitions and drawn audiences to creative artists. It represents the revival of artwork that was ignored for fifty years.

Nowadays, creative artists are still producing impressive and beautiful work. For instance, kvix_studio or Tezos, an Ethereum competitor, introduced the Fxhash platform in 2021 to expand the market more effectively.