ChainCatcher news, according to the official announcement, the NFT platform Art Blocks has announced the creation of the generative art NFT marketplace Sansa, as part of a "strategic initiative" to expand its ecosystem and establish a "home for generative art."

ChainCatcher News, Analysoor announces the launch of a new bounty program aimed at soliciting generative art for its ONE series, with a prize pool of $100,000 and 0.5% royalties. The works must be generative art and can mimic the style of Art Blocks Curate, but the code must be original. Each NFT should represent the block at the time it was minted. The theme is blockchain data and machine learning/artificial intelligence. The submission deadline is January 8, 2024. Artists from any non-restricted regions can participate.

ChainCatcher news, the NFT generative art project GEN.ART has announced that it will cease operations, with the servers set to shut down by the end of August, and the website will retain only a minimal amount of functionality. GEN.ART added that as part of the shutdown, the remaining funds in the project treasury will be distributed to the holders of the DAO tokens.

ChainCatcher news, according to The Block, the generative art NFT platform fxhash has completed a $5 million seed round financing, led by 1kx, with participation from Fabric Ventures, Bright Opportunities DAO, Union Square Ventures, Tezos Foundation, and others. fxhash plans to use this funding to expand its team and undertake significant platform upgrades in the next six months.

ChainCatcher news, Sotheby's sold 500 pieces of generative art in less than an hour, with total sales reaching $1.2 million. Each piece of generative art was created by artist Vera Molnár and is titled "Theme and Variations," and was minted immediately after purchase.Additionally, after the auction was completed, the trading volume in the secondary market reached 400 Ether (approximately $754,000) within a few hours. (source link)

ChainCatcher news, according to CoinDesk, auction house Christie's has collaborated with luxury brand Gucci to launch an NFT series titled "Future Frequencies: Explorations in Generative Art and Fashion," which includes 21 NFTs created by AI artist Claire Silver, generative artist Emily Xie, decentralized autonomous artist Botto, and others.It is reported that the auction will begin bidding on July 18 on Christie's digital art platform Christie's 3.0 and will end on July 25. (source link)

ChainCatcher news, Sotheby's is launching a blockchain project called "Gen Art Program" for generative artists. The "Gen Art Program" plans to auction two to three works by generative artists on-chain each year. The first auction will take place on July 26, featuring 500 works by generative artist Vera Molnár. This auction will be conducted entirely on-chain and will only accept ETH payments. (source link)

ChainCatcher news, according to CoinDesk, Palm NFT Studio has launched the Palm Generative Art Maker, a generative art tool for creators, which helps creators produce generative art collectibles on the blockchain. This tool provides artists with the infrastructure to carefully craft code, store it on-chain, and create generative art pieces. It simplifies batch rendering, features and rarity systems, and asset generation. Additionally, the tool allows users to develop both animated and static 3D assets, as well as generate text and metadata.In December 2021, Palm NFT Studio raised $27 million, led by Microsoft's M12. (source link)

According to ChainCatcher news and reported by CoinDesk, the collaborative generative art NFT project QQL has completed a $16.86 million funding round through minting. The QQL algorithm of the project is open for everyone to use, but only mint pass holders can turn their creations into official NFTs of the series.It is reported that 900 mint passes were auctioned off using a Dutch auction method, with a final price of 14 ETH, raising a total of 126.00 ETH, approximately $16.86 million. (CoinDesk)