Despite enduringly dismal conditions in the NFT market, some art-focused projects leveraging blockchain technology have managed to stay steady—or even, in a few cases, grow—over the last year and a half. One of those few outliers is Art Blocks, the digital art platform and gallery that uses NFTs to mint and distribute generative art works to collectors around the world.
After launching its own NFT marketplace in March—a move intended to protect the increasingly threatened practice of enforcing creator royalties, a fee between 2.5% and 10% sent back to an NFT’s creator in secondary market sales—Art Blocks has expanded its slate of curated, generative digital art projects to include live, globe-spanning in-person minting events and digital art projects featuring physical components.
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Author: Sander Lutz
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