10 August 2023

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...

NFT Platform ArtForge Is Live And Offers A Simple Way For Artists To Launch Generative NFT Series

ArtForge is created by the team that brought us Pixel Games & Defi (PixelPotus, PixelDebates, etc).

One of the interesting features of ArtForge is the easy way in which users can launch generative NFT crowd sales on Tezos.

ArtForge

ArtForge is created by the team that brought us Pixel Games & Defi (PixelPotus, PixelDebates, etc). 

One of the interesting features of ArtForge is the easy way in which users can launch generative NFT crowdsales on Tezos. 

“ArtForge is an all-in-one NFT platform offering artists and collectors a full set of services to create, mint & collect NFTs including generative features, crowdsales and a marketplace. 

ArtForge aims to be the shopify of NFTs on tezos, where anyone will be able to create NFT collections and put them up for sale in a variety of ways.”

At launch, ArtForge will begin with a flying start and drop several generative NFT series, the most notable being a new drop from Flygohr and one from stephj_art.

For now, artists and projects are application only and new registrations will be set up by the ArtForge team. Soon, it will be completely self-serve.

ArtForge offers several services for its users:

– Blockchain gurus coding smart contracts and minting your NFTs on your behalf

– Generating thousands of guaranteed unique variations from layers of artwork you design

– Their crowdsale platform promotes your project

– A community spreading the word

– An account manager assists you every step of the way, from the idea stage to the launch of your crowdsale and beyond

– The platform charges a flat 30% fee on crowd sale revenue and 2.5% on secondary market sales.

For more info, check here

Or connect with them via social media:

Twitter: https://twitter.com/ArtForge_io

Instagram: https://www.instagram.com/artforge_nft/

Telegram: https://t.me/artforge_io 

Discord: https://discord.gg/qjwm2AEVMf 

Generative Art

Generative art is art that in whole or in part has been created with the use of an autonomous system. This means that within certain preset boundaries, but without further human guidance, random outputs of art are generated. 

We can make a distinction between abstract generative art and more character-based generative art.

Abstract generative art is mostly created through an algorithm that follows a pattern of shapes, lines and/ or colors to generate an art series.

Character-based generative art follows a basic character and changes the character slightly per edition.

Usually, certain repetitive perks that vary in scarcity levels are added randomly throughout the series. This creates a way to rank the final series of characters on scarcity level.

We’ve seen a number of successful generative art NFT series on Tezos.

Examples of well known generative art projects on Tezos so far are TezzardzPRJKTNEON, and Randomly Common Skelles

It’s common practice that when these series are sold for the first time, the price is the same amount per piece and collectors can’t see in advance what their NFT looks like.

After the sale of a limited number of editions is concluded, a release date is announced on which all NFT characters are revealed.

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