On Oct 24, 2021, Botto, a “decentralized autonomous artist” sold its first work for ~$325,000 (79.421 ETH). Slowly, but surely, all the requisite components have matured for crypto-based autonomous artists to take center stage. We now have broader adoption in crypto, NFTs, DeFi, DAOs, GPT-3, Generat| simondlr.com
A key thesis, substantiated by many others in the industry, is that digital collectibles, through non-fungible tokens (NFTs), can reinvent the creative economy. It’s subverting the creative work: make it as accessible as possible and sell digital collectibles related to the creative work. Thus: inst| simondlr.com
Neolastics is a new digital art project that I created that allows collectors to mint (and burn) new randomly generated pieces of neoplasticism inspired digital art. It’s liquid, meaning that at any point, a collector may choose to burn their piece to receive a reward from a communal reserve (a bond| simondlr.com
NFTs, as unique items on the blockchain, has a URI that points to data containing the metadata & the corresponding visuals. This URI can be an HTTP link, pointing to a video or image hosted on a normal server, or other services like IPFS (hash-based addresses), or Arweave (incentivized hosti| simondlr.com