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Let's say you create a website that autogenerates neat art. How would you as the artist who created that website go about monetizing it? How would you sell your
by delronde 5y ago
Let's say you create a website that autogenerates neat art. How would you as the artist who created that website go about monetizing it? How would you sell your work? How would I as a buyer know what I'm buying whether it's unique or one of many? Please think about how you would build such a system before continuing.
Here's what Artblocks is accomplishing:
1. The JS source for a particular artwork is uploaded to the contract on publish. It is immutable and available available as long as ethereum exists. Even if artblocks itself disappeared tomorrow, all the art is still preserved.
2. The algorithm for the art requires a source of randomness that the artist uses to control what the output would be. The actual pieces are created on "mint", the transaction hash is used as the seed for the algorithm and the piece is transferred to the user who paid the mint fee. The hashes are random and immutable, once created they cannot be changed.
3. The smart contract ensures there cannot be more pieces created than what the artist intended.
4. The smart contract also defines the royalties the artist wishes to collect on secondary sales.
5. Now you have a brought into existence a limited supply generative art collection created (and stored) natively on the blockchain that can be traded 24/7, globally, in a single currency (ETH in this case), available on multiple platforms (OpenSea, Rarible, LooksRare), with perfect provenance, and the artist receive royalties on every re-sale automatically.
I do not think you can build this without the help of blockchains.
- Ntrails 5y agoWhat if I claimed that "neat digital art images" do not have any value to be monetised, due to usable by anyone at any time from the internet?