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Sep 18, 2021, 24 tweets

Today we share 3 pod summaries from @FloorisRising, where the hosts @kaifuku_kizu and @SabretoothSG talk about generative artists that they found interesting.

From their generative art podcasts series, we condense into a two-part series. This is the first part. Read on 👇

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr

🔹 His journey resembles English Premier League ⚽️ teams
🔹 Started off on @onhicetnunc selling his works for $20 - $30 / piece
🔹 Now his works are selling > $20k
🔹 Very prolific & high quality - was discovered and invited to @artblocks_io to do a drop

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io 🔹 Good example of an artist who started off on a smaller platform and moved up to a bigger one
🔹 Sees a parallel in the traditional art world as well
🔹 Some galleries are more famous than others
🔹 An artist start out in a smaller gallery and move on to 'blue chip' galleries

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io 🔹 Good to see differentiation not just on the technical specifications of the platform but also the public perception of it
🔹 This is a good progression for the crypto NFT art scene

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io Structure of his art

🔹 Generative art is based on an algorithm encoded in a smart contract
🔹 A collector buys a specific instantiation of it
🔹 In his earlier works, he was selling the algorithm itself, embedded in the NFT
🔹 So one can click 🖱️ to generate many works

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io 🔹 Goes back to the question of what exactly you are buying with an NFT
🔹 A collector is implicated in the final stage of the artwork
🔹 Similar to traditional art world when commissioning a portrait 🖼️
🔹 The result is a combination of your input and the artist input

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io 🔹 Market is saying that it prefers specific instantiations rather than the algorithm

Gyre #3

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io 🔹 The most defining characteristic of collectibles NFT is the loot-box mechanic - you don't know what you're going to get, nor the rarity
🔹 Fine art does not provide that thrill, but generative art does
🔹 There are still some people who will collect everything from an artist

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io Rafaël Rozendaal

🔹 Was considered a pioneer of what was known as internet art
🔹 @newrafael would buy a domain name, set it up with simple animations, sell it off
🔹 Collectors will agree to sign a contract to continue making the site publicly accessible

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael 🔹 His OG status in the internet art fits nicely with his entry into NFT
🔹 Blockchain/NFT space promises the freedom of information, which is the zeitgeist of the early internet days
🔹 The promise is unfulfilled as the rise of digital giants makes it look like a fiefdom now

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael 🔹 Rafaël is the first artist of the Art Block curated collection to use a Dutch auction mechanism
🔹 Usually results in a gas war ⛽️ between collectors
🔹 Price of his first drop starts from 3 $ETH and falls to 0.25 $ETH before being snapped up

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael 🔹 Latest drop is the Endless Nameless collection
🔹 Not the archetypal look or aesthetic that will attract collectors
🔹 Has a minimalist style reminiscent of his internet art days

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael Tyler Hobbs

🔹 One of the hottest generative artists
🔹 Fidenza collection on Art Blocks sets records - the lowest secondary sale is 29 $ETH
🔹 Has the quintessential aesthetics that collectors appreciate
🔹 A lot of visual variety that is hard to encapsulate

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael 🔹 @tylerxhobbs believes in the infinite potential of the generative algorithm to transcend what we know as an artistic style
🔹 Usually artists are known for a signature style - seldom do an artist comes to prominence with as many styles as Tyler has been showing us

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs 🔹 In this new generative art space now, a style is defined more by the methodology and algorithm of the works
🔹 This is different from the traditionally visual way of differentiating styles
🔹 There is an element of randomness 🎲 even though the same algorithm is used

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs 🔹 There is a price premium to artists' works
🔹 E.g. Generally, if you are an Asian artist with similar skills compared to a US/Europe artist, your work tends to sell lower
🔹 All the prejudices/biases of the real world still exist in the crypto world

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs 🔹 When people buy NFT, they are seeking a way to connect with the artist
🔹 If an artist can communicate well in English, using all the cultural forms of signalling, NFT buyers will pay a premium
🔹 An artist builds and fosters a following by communicating well

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs 🔹 But English is the lingua franca in crypto
🔹 A good form of arbitrage is to select artists visually on par with someone selling higher but is currently suffering from a lack of ability to communicate in English
🔹 You are betting that the artist will improve over time

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs Links:

Substack article: thereadingape.substack.com/p/floor-is-ris…

Thanks to Kizu and Sabretooth for the wonderful dialogue on generative art - it's really good! As always, very educational and enlightening in terms of viewpoints.

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs Links:

🔹 Podcast on Shvembldr - Ep 12: floorisrising.com/episode/shvemb…
🔹 Podcast on Rafaël Rozendaal - Ep 13: floorisrising.com/episode/rafael
🔹 Podcast on Tyler Hobbs - Ep 14: floorisrising.com/episode/fidenza

@FloorisRising @kaifuku_kizu @SabretoothSG @shvembldr @onhicetnunc @artblocks_io @newrafael @tylerxhobbs Like our work?

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