Wonderful article, thank you for putting it together Kaloh.
Stats are interesting...
In my opinion, the art on tezos might be undervalued, however the chain itself is the biggest issue. Serious collectors I speak to would much rather pay premium for art on the Ethereum and sadly, I don't think this will change anytime soon.
On the contrary, given that Ethereum is getting greener and cheaper (given enough time), releasing art on tezos might become unattractive to well-known artists who can make 10x just by dropping the same collection on ETH.
Tezos and fxhash in particular have great large communities behind them and may continue to exist as a "launchpad" for smaller or not so well-known artists.
Personally, I enjoy collecting on both platforms and all of the above is just my opinion.
I do see the argument about eth being green now. Many aritsts avoided it for that reason and now are happy to mint there.
It isn't as simple as just mint on Eth tho. E.g. you need to be approved on ArtBlocks or gmStudio to drop a gen art collection there. FxHash lets you do that whenever you want. Super Rare also needs to accept you (there are open platforms too, but those aren't as strong as the ones on Tezos).
One question I have, and I didn't mention in the article is: maybe FxHash and Tezos haven't been entirely discovered by Eth collectors?
There is no good alternative to fxhash at the moment. If the artist doesn't want to apply to AB, gm or GA the alternative is to go "self-publishing" route which can be tricky. Manifold can handle the contract creation, but the artist still has to create a website and promote the drop.
But where if the artist doesn't have any following? On tezos, pretty much the entire community hangs out in fxhash Discord while on Eth there is no central hub where collectors and artists to hang out.
Another reason I can think of is that the bull run on generative art began when whales began spending hundreds of thousands of dollars on it. I think that until we see something similar on tezos, people's view on tezos art won't change that much.
Wonderful article, thank you for putting it together Kaloh.
Stats are interesting...
In my opinion, the art on tezos might be undervalued, however the chain itself is the biggest issue. Serious collectors I speak to would much rather pay premium for art on the Ethereum and sadly, I don't think this will change anytime soon.
On the contrary, given that Ethereum is getting greener and cheaper (given enough time), releasing art on tezos might become unattractive to well-known artists who can make 10x just by dropping the same collection on ETH.
Tezos and fxhash in particular have great large communities behind them and may continue to exist as a "launchpad" for smaller or not so well-known artists.
Personally, I enjoy collecting on both platforms and all of the above is just my opinion.
Hey mav, good points.
I do see the argument about eth being green now. Many aritsts avoided it for that reason and now are happy to mint there.
It isn't as simple as just mint on Eth tho. E.g. you need to be approved on ArtBlocks or gmStudio to drop a gen art collection there. FxHash lets you do that whenever you want. Super Rare also needs to accept you (there are open platforms too, but those aren't as strong as the ones on Tezos).
One question I have, and I didn't mention in the article is: maybe FxHash and Tezos haven't been entirely discovered by Eth collectors?
Regarding the simplicity - 100%.
There is no good alternative to fxhash at the moment. If the artist doesn't want to apply to AB, gm or GA the alternative is to go "self-publishing" route which can be tricky. Manifold can handle the contract creation, but the artist still has to create a website and promote the drop.
But where if the artist doesn't have any following? On tezos, pretty much the entire community hangs out in fxhash Discord while on Eth there is no central hub where collectors and artists to hang out.
Another reason I can think of is that the bull run on generative art began when whales began spending hundreds of thousands of dollars on it. I think that until we see something similar on tezos, people's view on tezos art won't change that much.
no thanks :)