Art Blocks CEO Erick Calderon on Generative Art, Blockchains, and the NFT movement
The Fintech Blueprint
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Art Blocks - The Scarcity to an Unlimited Algorithm
With aurt blocks, the artist signing off on the algarithm before it has performed. So in an art block drop, there are zero tokens minted, but the alGarithm lives on the block chain. It is as these tokens are created that we start seeing the generative output. The token is not created until it is purchased. And by forcing artists to take a slightly different approach to algarithmic art it really just kind of exposes them to a bunch of uncertainty and drives them to further hone their skills.
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