NFT
Generative art creation platform Art Blocks announced the start of the transition to an updated version of the Art Blocks 2.0 project and the closure of the NFT Curated collection series.
Art Blocks founder Eric Calderon said the company has begun work on a new version of its platform, including updates to the brand and requirements of the Board of Curators. Calderón stated that the platform is “aiming for a more refined experience in the new version of Art Blocks 2.0” and is ending the NFT Curated series at this stage.
“NFT Curated told the history of art and its evolution. Many have felt that every Curated artist has been in a moment of intense and beautiful creativity. Now we are moving towards a new experience and a new version of the Art Blocks 2.0 project,” said Calderon.
The Art Blocks platform was launched in 2020. It consists of three NFT projects: Curated, Playground and Factory. At the same time, only those artists whose work was approved by the Board of Curators of the platform were allowed to participate in the Curated project. On OpenSea, the Art Blocks Curated collection ranks fifth in terms of trading volume, with 73,000 sales since launch.
Some of the digital art from the Curated collection has become some of the most expensive on the NFT market. For example, Tyler Hobbs’ Fidenza, a collection of 999 “structured curves,” was sold for 1,000 ETH, and for NFT Fidenza 938, the Art Blocks platform received 2,500 ETH (about $8.5 million at the time of sale).
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