Close Menu
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Blog
  • Contact
    • Tech7685@gmail.com
What's Hot

Bitcoin -price could prepare for a new wave of volatility – this is why

2025-05-18

Scalable L1 Power Meme -Munten

2025-05-18

Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

2025-05-18
Facebook X (Twitter) Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
Facebook X (Twitter) Instagram
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
  • News
    • Bitcoin
    • Altcoins
    • DeFi
    • Regulation
    • Market Cap
    • Web 3
    • Scam
  • Blockchain

    Ailayer forges Alliance with Gaea to create a decentralized AI-driven metaverse

    2025-05-18

    Space and time, Nvidia, publishes Sub-Second ZK Prover for SQL

    2025-05-18

    Interview with Nieuwe Lukso Coo

    2025-05-18

    B2 Network brings AI to Bitcoin with DSN-AI Rollup Protocol

    2025-05-18

    The Alice Collective elevates ‘My Neighbor Alice’ in collaboration with Persona Journey

    2025-05-17
  • NFT

    The most popular collections of the moment on blockchain

    2025-05-18

    Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

    2025-05-17

    Ethereum is at the top of the charts in weekly NFT sales with $ 44.7 million in sales volume

    2025-05-16

    Founder wallet emptied while he leaves

    2025-05-15

    British Museum puts sculptures from Dürer’s ‘Rhinoceros’ on Bitcoin Blockchain

    2025-05-14
  • Metaverse

    Shib: The Metaverse – Part of the expanding Shiba Inu ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Human Digital Life

    2024-12-13

    Exploring NetVRk: What’s Behind This AI-Powered Virtual Universe?

    2024-10-28

    Council of Europe emphasizes the impact of Metaverse on privacy and democracy

    2024-09-05
  • Analysis

    The American stock market now looks more favorable than pre-trade war, according to Tom Lee from Fundstrat-Dit why is why

    2025-05-18

    Michael Burry van Big Short abruptly sells one ‘recession-proof’ assets

    2025-05-17

    $ 40 billion in XRP on the road – where are they going?

    2025-05-17

    Bitcoin who sees heavy accumulation on Coinbase and Binance, says analysis company Glassnode – here is the prospects

    2025-05-17

    Analyst who mentioned XRP price mark at $ 0.5 says that the increase in this level is coming

    2025-05-17
  • Learn

    Types of Blockchain Layers Explained: Layer 0, Layer 1, Layer 2 and Layer 3

    2025-05-16

    Token vs. Coin: Key Differences You Must Know as a Beginner

    2025-05-15

    Inside Changelly: 10 years of steadfast support and compliance

    2025-05-15

    What Is Proof-of-Work (PoW)?

    2025-05-12

    What Is Proof-of-Authority (PoA)?

    2025-05-10
  • Blog
  • Contact
    • Tech7685@gmail.com
Free Cryptocurrency – Bitcoin | Altcoins | Blockchain | News Stories Updated Daily
Home»NFT»Digital art platform ban uses arbitration to democratize generative art
NFT

Digital art platform ban uses arbitration to democratize generative art

2023-07-18No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Web3 innovation studio VenturePunk rolls out Prohibition, an Arbitrum-based generative arts platform and marketplace.

The inaugural collection for the platform is “Monospatial” by generative artist Emily Edelman, featuring a series of designs featuring generative non-fungible token (NFT) letters. The collection goes on sale Tuesday afternoon with a supply of 100 tokens at a coin price of 0.05 ETH, or about $95 at the time of writing.

Backed by investors including Erick Calderon (aka Snowfro), CEO of generative art platform Art Blocks, and Devin Finzer, CEO of marketplace OpenSea, Prohibition empowers any artist to create, store, and sell a generative art collection .

Also see: Who are the 81 recipients of Snowfro’s latest Squiggle Mint?

Using the Art Blocks Engine, a tool built by Art Blocks to bring generative art to the chain, artists can code their designs on Prohibition to store their collections on Arbitrum, which is an Ethereum layer 2 blockchain. In addition, buyers can explore and purchase other generative art collections through Prohibition’s own secondary marketplace.

Jordan Lyall, founder and CEO of VenturePunk and former DeFi product lead at Web3 infrastructure company ConsenSys, told CoinDesk that as generative art has become increasingly popular over the past year, the barriers to entry have grown. Not only is it rare to find a code-savvy artist who can rise to the ranks of popular creators Tyler Hobbs or Dmitri Cherniak, but it’s also hard for artists to get selected in the first place to pitch their work to a platform . According to Lyall, Art Blocks only works with 2% of artists who sign up to create a collection.

See also  18 AI Art Generators That Will Up Your Creative Game

With the release of Prohibition, he aims to recreate the early days of creating and trading generative art on Ethereum by breaking down the barriers and inviting all artists to strike.

“It doesn’t matter what you know, where you’re from, what your background is, where in the world you live – anyone can use our tools to create generative art,” Lyall said. “We really think if Art Blocks is HBO, Ban YouTube is where anyone can upload [their work.]”

Lyall added that when choosing a network to support, Arbitrum made the most sense because of its “90-95% gas cost savings” compared to Ethereum, which can cost several ether for a maker to run an entire collection on. chain to deploy.

Additionally, the implementation of the Art Blocks Engine in the platform – which companies like Web3 fashion brand 9dcc and NFT gallery Bright Moments have similarly done – helps ease the minting process, making generative art creation accessible to artists.

“We are the first to use these Art Block Engine protocols and open them up to everyone so that everyone can use these tools,” says Lyall. “Not only that, we are the first Art Blocks Engine partner to re-engineer the artist experience.”

Lyall added that he plans to add features in the coming months to further facilitate the minting process on Prohibition, including a match-making service that helps developers and artists produce collections, as well as a no-no code solution for artists to bring their work to life.

In November, Prohibition raised $1.5 million in pre-seed funding to build out its generative arts platform. In addition to Calderon and Finzer, it received capital from investment firm Bain Capital Crypto and Ethereum sidechain Polygon’s venture wing Polygon Ventures.

See also  Inside Sam Spratt's Cult of Luci and The Monument Game

In addition, Prohibition is not the only platform to have recently implemented the Art Blocks Engine. In June, 279-year-old auction house Sotheby’s announced its plans to use the Art Blocks Engine as fuel for its own generative art program.

Read more: Dmitri Cherniak’s ‘The Goose’ NFT Sells at Sotheby’s Auction for $6.2 Million

Source link

arbitration Art Ban Democratize Digital Generative Platform
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

The most popular collections of the moment on blockchain

2025-05-18

Complating digital assets win the long game in Crypto

2025-05-17

Raoul Pal sees NFT market exploding when Ethereum Bull Cycle is approaching

2025-05-17

DAC platform and M3 DAO partner to bridge web3 and real-world ecosystems

2025-05-17
Add A Comment
Leave A Reply Cancel Reply

Top Posts

Terra wins one summary judgment in the SEC case, but sells unregistered securities

2023-12-29

Crypto-traders in ‘Wait-and-see’ mode prior to ‘Liberation Day’ rates

2025-04-01

$1,280,000,000 worth of crypto pulled from Coinbase amid SEC lawsuit against US exchange: On-chain data

2023-06-08
Editors Picks

Explosive growth in six weeks ensures that the base reaches a new milestone

2023-09-24

Aspis protocol and self -chain unite to redefine Defai Security & Automation

2025-03-12

Neymar, Eminem, Madonna, and Logan Paul Lose Millions

2022-10-16

Why XRP bulls should be confident in a move north

2023-06-16
About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, Defi, NFT, Metaverse and more.

We're social. Connect with us:

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Bitcoin -price could prepare for a new wave of volatility – this is why

Scalable L1 Power Meme -Munten

Myth or reality? Mica and its real impact on the market that dissolve common misconceptions

Get Informed

Subscribe to Updates

Get the latest news and Update from Free.cc about Crypto, Metaverse, NFT and more.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Advertise
  • BitcoinPlatform.com
© 2025 Free.cc - All rights reserved. Contact: info@free.cc

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$105,383.862.22%
  • ethereumEthereum(ETH)$2,565.273.33%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.433.58%
  • binancecoinBNB(BNB)$652.211.58%
  • solanaSolana(SOL)$174.764.09%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2331497.76%
  • cardanoCardano(ADA)$0.771.86%
  • tronTRON(TRX)$0.2730270.45%
  • suiSui(SUI)$3.964.36%
  • chainlinkChainlink(LINK)$16.175.01%
  • avalanche-2Avalanche(AVAX)$23.644.42%
  • stellarStellar(XLM)$0.2962713.17%
  • hyperliquidHyperliquid(HYPE)$26.951.83%
  • shiba-inuShiba Inu(SHIB)$0.0000155.84%
  • hedera-hashgraphHedera(HBAR)$0.1988173.83%
  • bitcoin-cashBitcoin Cash(BCH)$404.893.01%
  • unus-sed-leoUNUS SED LEO(LEO)$8.70-2.99%
  • the-open-networkToncoin(TON)$3.162.47%
  • polkadotPolkadot(DOT)$4.873.88%
  • litecoinLitecoin(LTC)$100.582.49%
  • moneroMonero(XMR)$343.802.24%
  • bitget-tokenBitget Token(BGB)$5.256.15%
  • pepePepe(PEPE)$0.00001410.86%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.757.52%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.256.61%
  • bittensorBittensor(TAO)$436.703.25%
  • aaveAave(AAVE)$237.886.13%
  • nearNEAR Protocol(NEAR)$2.906.16%
  • aptosAptos(APT)$5.292.58%
  • okbOKB(OKB)$53.511.13%
  • ondo-financeOndo(ONDO)$0.964.29%
  • kaspaKaspa(KAS)$0.1153561.88%
  • ethereum-classicEthereum Classic(ETC)$18.902.70%
  • internet-computerInternet Computer(ICP)$5.383.35%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.403.31%
  • crypto-com-chainCronos(CRO)$0.1004722.62%
  • gatechain-tokenGateToken(GT)$21.720.65%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2430423.89%
  • vechainVeChain(VET)$0.0291974.55%
  • mantleMantle(MNT)$0.751.66%
  • render-tokenRender(RENDER)$4.794.83%
  • ethenaEthena(ENA)$0.40047410.62%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • algorandAlgorand(ALGO)$0.2294165.32%
  • cosmosCosmos(ATOM)$5.045.39%
  • filecoinFilecoin(FIL)$2.954.95%
  • bitcoinBitcoin(BTC)$105,383.862.22%
  • ethereumEthereum(ETH)$2,565.273.33%
  • tetherTether USDt(USDT)$1.000.00%
  • rippleXRP(XRP)$2.433.58%
  • binancecoinBNB(BNB)$652.211.58%
  • solanaSolana(SOL)$174.764.09%
  • usd-coinUSDC(USDC)$1.000.01%
  • dogecoinDogecoin(DOGE)$0.2331497.76%
  • cardanoCardano(ADA)$0.771.86%
  • tronTRON(TRX)$0.2730270.45%
  • suiSui(SUI)$3.964.36%
  • chainlinkChainlink(LINK)$16.175.01%
  • avalanche-2Avalanche(AVAX)$23.644.42%
  • stellarStellar(XLM)$0.2962713.17%
  • hyperliquidHyperliquid(HYPE)$26.951.83%
  • shiba-inuShiba Inu(SHIB)$0.0000155.84%
  • hedera-hashgraphHedera(HBAR)$0.1988173.83%
  • bitcoin-cashBitcoin Cash(BCH)$404.893.01%
  • unus-sed-leoUNUS SED LEO(LEO)$8.70-2.99%
  • the-open-networkToncoin(TON)$3.162.47%
  • polkadotPolkadot(DOT)$4.873.88%
  • litecoinLitecoin(LTC)$100.582.49%
  • moneroMonero(XMR)$343.802.24%
  • bitget-tokenBitget Token(BGB)$5.256.15%
  • pepePepe(PEPE)$0.00001410.86%
  • daiDai(DAI)$1.000.00%
  • piPi(PI)$0.757.52%
  • ethena-usdeEthena USDe(USDE)$1.000.00%
  • uniswapUniswap(UNI)$6.256.61%
  • bittensorBittensor(TAO)$436.703.25%
  • aaveAave(AAVE)$237.886.13%
  • nearNEAR Protocol(NEAR)$2.906.16%
  • aptosAptos(APT)$5.292.58%
  • okbOKB(OKB)$53.511.13%
  • ondo-financeOndo(ONDO)$0.964.29%
  • kaspaKaspa(KAS)$0.1153561.88%
  • ethereum-classicEthereum Classic(ETC)$18.902.70%
  • internet-computerInternet Computer(ICP)$5.383.35%
  • official-trumpOFFICIAL TRUMP(TRUMP)$13.403.31%
  • crypto-com-chainCronos(CRO)$0.1004722.62%
  • gatechain-tokenGateToken(GT)$21.720.65%
  • polygon-ecosystem-tokenPOL (prev. MATIC)(POL)$0.2430423.89%
  • vechainVeChain(VET)$0.0291974.55%
  • mantleMantle(MNT)$0.751.66%
  • render-tokenRender(RENDER)$4.794.83%
  • ethenaEthena(ENA)$0.40047410.62%
  • usd1World Liberty Financial USD(USD1)$1.000.04%
  • algorandAlgorand(ALGO)$0.2294165.32%
  • cosmosCosmos(ATOM)$5.045.39%
  • filecoinFilecoin(FIL)$2.954.95%