For years, the ever-evolving world of generative art has been a major facet of the NFT market as some of the most influential artists and projects on the blockchain employ relevant technologies in their creative processes.
Given the popularity of generative art, the theme will be at a major focus of this year’s Art Basel Miami Beach exhibition, titled “Performance in Code: Deciphering Value in Generative Art.” Powered by Tezos’ high-performance blockchain, the interactive exhibition will be displayed in collaboration with generative art platform fxhash. It will culminate in a unique experience by inviting attendees to engage and generate a one-of-a-kind NFT takeaway that will be minted on the Tezos blockchain.
The collaboration aims to explore mathematical probability and its effect on rarity and perceived value in generative art just as developers and collectors alike continue to seek out more economical solutions for creating and trading NFTs.
The show will be accompanied by a conversation series featuring prominent artists throughout the Tezos ecosystem, while visitors will be able to create an AI generative self-portrait NFT. The creation of the NFT will be powered by fxhash and happen by physically interacting with the space, resulting in an abstract self-portrait work of art generated from a QR code scanned by visitors.
Once rendered, the artwork is minted as an NFT, displayed on-screen in the installation, and gifted to the visitor’s wallet in real-time. The NFT is then assigned a rarity value expressed as a percentage, and attendees will see this value change throughout the course of the exhibition.
The space will feature a collection of artworks from some of the world’s leading generative and NFT artists, including Tyler Boswell, DistCollective, and Ivona Tau. In addition to the live gallery experience, the exhibit will feature 13 other artists: Lars Wander, Studio Yorktown, Yazid, Volatile Moods, jeres, ykxotkx, Jinyao Lin, Aluan Wang, Ella, Toxi, Amy Goodchild, IskraVelitchkova and Zach Lieberman.
Back in 2021, Art Basel in Miami Beach hosted for the first time the exhibition of NFTs as part of a collaboration with the open source blockchain Tezos. The exhibition aims to raise awareness of the new dynamic that both NFTs and the ever-evolving world of generative art bring to the art world.
The Tezos NFT Speaker Series will feature the panel discussions highlighted below and details of additional can be found here.
Changing the World, One NFT at a Time
Friday, December 2nd at 4:15pm EDT
- This session will explore how social and environmental organizations are harnessing blockchain technology, to create a meaningful impact on the planet. We speak to the people who are using art NFTs for social good.
Value – In the Eye of the Creator
Saturday, December 3rd at 12:30pm EDT
- As new art mediums emerge, we must re-evaluate how we determine the value of art. How do we appraise blockchain art? Is rarity important? Whose critique really matters?
NFTs, DAOs, IP: Redefining Art Law
Saturday, December 3rd at 1:30pm EDT
- The onset of blockchain technology will reshape art law as we know it, as critical questions come to the fore. How do copyright laws apply to NFT art? How will smart contracts affect how art is bought and sold? What does intellectual property look like in a decentralized world? How much power will DAOs hold in driving collective action amongst art communities?