

Ciphrd & Cosimo from fx(hash): open-form, $FXH, art coins and the importance of an open platform
May 30, 2025
Ciphrd and Cosimo dive into the exciting realm of open-form generative art and the launch of the $FXH token. They discuss the mechanics of art coins and their potential to revitalize collector engagement in the NFT space. The conversation navigates the balance between speculation and long-term collecting, emphasizing the evolution of art ownership. They explore how open platforms can foster emerging artists, alongside the importance of community involvement and innovative strategies for sustainability in a transforming digital art landscape.
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Art Coins Control Minting Supply
- Artists release generative art projects attached to fungible art coins that represent minting rights.
- The limited supply of coins controls project edition sizes and market pricing dynamically through coin liquidity.
Bonding Curves Signal Patronage
- The bonding curve serves as a price discovery mechanism that ensures smooth initial coin sales.
- It reflects early patronage by collectors attaching value before art release, shifting pricing burden from artists to market.
Artist Coins as Investment Vehicles
- Artists may issue single coins per project or one coin representing their entire artistic output.
- Buckling an artist's entire work into one coin enables patrons to invest in the artist's overall vision and success.