Generative Art Platform Fxhash Secures $5M in Seed Funding Round Led by 1kx
The Seed Round Fxhash, the groundbreaking generative art platform and marketplace, has successfully closed an oversubscribed $5 million seed fundraising round. Spearheading this investment initiative was 1kx, an early-stage crypto-focused venture capital firm renowned for its strategic ecosystem growth investments. Founded in 2021, Fxhash has emerged as the...
ClubNFT Backup Service Now Available On fxhash Generative Art Platform
ClubNFT have announced an integration partnership enabling all fxhash collectors to quickly download a backup of their NFTs.
Doing so ensures the protection and long-term safety of fxhash collections, no matter what the future holds.
By: Lee Evans
18 November 2022
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Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
fxhash collectors can download a backup of their NFTs to ensure longevity of collections
ClubNFT allows you to download all of the IPFS data associated with all of your NFTs with the click of a button, with no app to download, and with no transactions to approve. They are building leading tools to protect the longevity of NFTs.
ClubNFT and fxhash, an open platform for creating and collecting generative art NFTs, today announced an integration partnership enabling all fxhash collectors to quickly download a backup of their NFTs.
Doing so ensures the protection and long-term safety of fxhash collections, no matter what the future holds.
Founded by Jason Bailey (Artnome) and Chris King in 2021, ClubNFT’s mission is to help protect artists and collectors from marketplace dependency for the safety and preservation of their NFTs, educate anyone interested in the space, and help collectors make good decisions about what to buy next, where, and why.
fxhash was founded by generative artist and developer Baptiste Crespy, also known as ciphrd, in November 2021 as an open platform for anyone to create, collect, and curate code-based generative art.
It was built on the Tezos blockchain owing to the network’s self-amending upgradeability, inexpensive transaction fees, and minimal environmental footprint.
“At fxhash our top priority is creating the most powerful and widely accessible tools for creating and collecting generative art both online and IRL,” said ciphrd, the founder and lead developer of fxhash. “The ClubNFT backup service integration is a natural one for us as it gives our ecosystem a high degree of redundancy and ultimately protects irreplaceable digital artworks.”
The fxhash website features a ClubNFT button for one-click access to obtain a backup. The service is simple to use, fast, and safe. It’s also free, trustless, and requires no wallet connection or transaction signing
“The ClubNFT and Right Click Save team are very active in the fxhash community – many of us have been collecting on the platform since its inception,” said Jason Bailey, co-founder and CEO of ClubNFT. “This integration means a lot to us personally, and we are grateful that ciphrd and the fxhash team are partnering with us to educate collectors on how best to backup and protect their NFT collections. This is particularly important in the Tezos community, where the majority of NFTs are based on IPFS.”
Beyond the backup itself, ClubNFT will provide fxhash collectors with a number of insights into their collections:
● Which NFTs in their collection were minted following best practices – using IPFS for off-chain content – and which were not.
● Which platforms consistently follow these best practices, such as fxhash, Versum, KnownOrigin, and others – and which do not.
● A number of technical insights of interest to conscientious collectors.
ClubNFT launched its backup tool at NFT NYC in June of 2022 and has backed up more than 6K collections, 800K+ NFTs, and nearly 3.5M IPFS files.
In less than a year, over 1.2 million unique generative art NFTs have been minted and collected on fxhash, and over 20,000 projects have been created and published on the platform by generative artists.
Disclaimer
Not Financial Advice: No content on this website constitutes investment, financial, legal, or tax advice. Users should not construe any such information as a recommendation to buy, sell, or hold any investment or security or to pursue any particular investment strategy.
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