{"id":338652,"date":"2021-09-13T17:43:08","date_gmt":"2021-09-13T14:43:08","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/"},"modified":"2021-09-13T17:43:08","modified_gmt":"2021-09-13T14:43:08","slug":"fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/","title":{"rendered":"#Fidenza: Tyler Hobbs wrote software that generates art worth millions"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a30f88317feb\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a30f88317feb\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Fidenza\" >Fidenza<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Sell_or_hodl_How_to_prepare_for_the_end_of_the_bull_run_Part_2\" >Sell or hodl? How to prepare for the end of the bull run, Part 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#How_to_prepare_for_the_end_of_the_bull_run_Part_1_Timing\" >How to prepare for the end of the bull run, Part 1: Timing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_value_of_a_legacy_Hunting_down_Satoshis_Bitcoin\" >The value of a legacy: Hunting down Satoshis Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_crypto_effect_Trading_altcoins_at_the_edge_of_addiction\" >The crypto effect: Trading altcoins at the edge of addiction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Blockchain_is_as_revolutionary_as_electricity_Big_Ideas_with_Jason_Potts\" >Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_best_of_blockchain_every_Tuesday\" >The best of blockchain, every Tuesday<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Struggling_artist\" >Struggling artist<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Sell_or_hodl_How_to_prepare_for_the_end_of_the_bull_run_Part_2-2\" >Sell or hodl? How to prepare for the end of the bull run, Part 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#How_to_prepare_for_the_end_of_the_bull_run_Part_1_Timing-2\" >How to prepare for the end of the bull run, Part 1: Timing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_value_of_a_legacy_Hunting_down_Satoshis_Bitcoin-2\" >The value of a legacy: Hunting down Satoshis Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_crypto_effect_Trading_altcoins_at_the_edge_of_addiction-2\" >The crypto effect: Trading altcoins at the edge of addiction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Blockchain_is_as_revolutionary_as_electricity_Big_Ideas_with_Jason_Potts-2\" >Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts<\/a><ul class='ez-toc-list-level-4' ><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Artblocks\" >Artblocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#A_high_bar\" >A high bar<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Sell_or_hodl_How_to_prepare_for_the_end_of_the_bull_run_Part_2-3\" >Sell or hodl? How to prepare for the end of the bull run, Part 2<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#How_to_prepare_for_the_end_of_the_bull_run_Part_1_Timing-3\" >How to prepare for the end of the bull run, Part 1: Timing<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_value_of_a_legacy_Hunting_down_Satoshis_Bitcoin-3\" >The value of a legacy: Hunting down Satoshis Bitcoin<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#The_crypto_effect_Trading_altcoins_at_the_edge_of_addiction-3\" >The crypto effect: Trading altcoins at the edge of addiction<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/buradabiliyorum.com\/en\/fidenza-tyler-hobbs-wrote-software-that-generates-art-worth-millions\/#Blockchain_is_as_revolutionary_as_electricity_Big_Ideas_with_Jason_Potts-3\" >Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts<\/a><\/li><\/ul><\/nav><\/div>\n<p>&#8220;<strong>#Fidenza: Tyler Hobbs wrote software that generates art worth millions<\/strong>&#8221;<\/p>\n<p style=\"float:right;margin:0 0 10px 15px;width:240px\"><img decoding=\"async\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Tyler-Hobbs.jpg\" class=\"type:primaryImage\"><\/p>\n<pre><code>                &lt;p&gt;&lt;b&gt;Computer scientist turned generative artist Tyler Hobbs writes code artistically, which then creates visual art that has sold for millions.&lt;\/b&gt;\n<\/code><\/pre>\n<p><span style=\"font-weight: 400\">Along with 998 siblings, <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/opensea.io\/assets\/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270\/78000313\" class=\"broken_link\"><span style=\"font-weight: 400\">Fidenza #313<\/span><\/a><span style=\"font-weight: 400\"> was minted for 0.17 ETH on June 11th, after which it was im<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/social-mediaa\/\" data-internallinksmanager029f6b8e52c=\"1\" title=\"Social Media\" target=\"_blank\" rel=\"noopener\">media<\/a>tely sold for 0.58 ETH. Just over 10 weeks later, the NFT nicknamed Tulip sold for 1,000 ETH on Opensea  $3.3 million at the time.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Fidenza is the brainchild of Tyler Hobbs, 34, who quit his computer engineering job to work as a full time artist. He struck ETH when he discovered <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/artblocks.io\/\"><span style=\"font-weight: 400\">Art Blocks<\/span><\/a><span style=\"font-weight: 400\">, an art platform that creates NFTs based on generative art, and became a curated artist.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The work is named after a town in northern Italy, which Hobbs stumbled upon via Google Maps. Inspired by abstract expressionist painter Francis Klein, Hobbs likes to use the names of places for his art because they carry little baggage or definitive meaning.<\/span><\/p>\n<p><span style=\"font-weight: 400\">A total of 999 works were dropped, selling out in 25 minutes for 0.17 ETH, or about $400. The <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>roximate $400,000 in sales were split 90\/10 between Hobbs and Art Blocks. On the secondary market, chiefly Opensea, his works come with a pre-programmed 10% commission, which is automatically shared 5.0%\/2.5%\/2.5% between himself, Art Blocks, and Opensea. With an estimated 85 million in secondary sales, Hobbs has already earned over $4 million in commissions.<\/span><\/p>\n<p><span style=\"font-weight: 400\">As a coder, he felt it important to create art using the tools he knew, making people ask what separates man from machine?<\/span><\/p>\n<p><span style=\"font-weight: 400\">Hobbs says that buyers come from around the world and are most commonly middle aged men. These largely inexperienced art collectors who come from the crypto or <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> world have less of an inherent bias against this artwork, whereas many traditionalists feel that there\u2019s something inherently less human or less real about his style.<\/span><\/p>\n<blockquote class=\"pullquote align-center\"><p><span style=\"font-weight: 400\">They\u2019re <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/general\/\" data-internallinksmanager029f6b8e52c=\"3\" title=\"General\" target=\"_blank\" rel=\"noopener\">general<\/a>ly both interested in the artwork, and they\u2019re willing to risk a fairly large amount of money on something that\u2019s unproven  I think it takes a special breed of person to be that kind of collector.<\/span><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_8977\" aria-describedby=\"caption-attachment-8977\" style=\"width: 464px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-8977\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/fidenza-313-artwork-nft-250x300.jpg\" alt=\"\" width=\"464\" height=\"557\" \/><figcaption id=\"caption-attachment-8977\" class=\"wp-caption-text\">Fidenza #313<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Fidenza\"><\/span>Fidenza<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The mechanics of a generative artwork drop on Art Blocks are unique, as the art does not exist until it is minted by the buyer. Minting begins at a pre-announced time, which Art Blocks advertises. To mint, buyers pay the predetermined ETH-denominated price along with necessary gas fees, and receive the artwork upon its generation  which takes up to 30 seconds in the case of Fidenza.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"jeg_postblock_carousel jeg_postblock_carousel_3 jeg_postblock jeg_col_8 jnews_module__0_613f732abca06    \">\n<div class=\"jeg_carousel_post\" data-nav='' data-autoplay='true' data-delay='4500' data-items=\"3\" data-margin='20'>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"End of the bull run part 2\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Sell_or_hodl_How_to_prepare_for_the_end_of_the_bull_run_Part_2\"><\/span>Sell or hodl? How to prepare for the end of the bull run, Part 2<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 8, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Prepare for the end of the bull run\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"How_to_prepare_for_the_end_of_the_bull_run_Part_1_Timing\"><\/span>How to prepare for the end of the bull run, Part 1: Timing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 3, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"The_value_of_a_legacy_Hunting_down_Satoshis_Bitcoin\"><\/span>The value of a legacy: Hunting down Satoshis Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 1, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"The Crypto Effect Trading Altcoins Edge Addiction Matt Danzico\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"The_crypto_effect_Trading_altcoins_at_the_edge_of_addiction\"><\/span>The crypto effect: Trading altcoins at the edge of addiction<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 24, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Work hard at playing: How video game job markets may develop\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Blockchain_is_as_revolutionary_as_electricity_Big_Ideas_with_Jason_Potts\"><\/span>Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 23, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<p><\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">The code that creates the artwork on the blockchain uses the randomized transaction hash of the buyers transaction as an input. This string of data is then interpreted by the code, which assigns the artwork with various overlapping characteristics according to parameters pre-programmed by the artist, to generate the artwork in real time. Like a <\/span><span style=\"font-weight: 400\">sperm fertilizing an egg<\/span><span style=\"font-weight: 400\">, the contribution of the minter is a unique, direct, and necessary ingredient of the artistic equation.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">A few of the &#8220;super dense&#8221; Fidenzas that max out the visual noise level. They can be overwhelming at first, but they have their own charm if you sit with them. <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/vRGOWWk1gi\">pic.twitter.com\/vRGOWWk1gi<\/a><\/p>\n<p>\u2014 Tyler Hobbs (@tylerxhobbs) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/tylerxhobbs\/status\/1408062750215999493?ref_src=twsrc%5Etfw\">June 24, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">Because the code for <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/tylerxhobbs.com\/fidenza\"><span style=\"font-weight: 400\">Fidenza<\/span><\/a><span style=\"font-weight: 400\"> is on the blockchain, anyone can use it to create similar pieces. However, because Fidenza is limited to 999 numbered copies, such bootleg Fidenzas would not be signed by the artist  much like if someone copied an artists style with the same materials and tools.<\/span><\/p>\n<p><span style=\"font-weight: 400\">While Hobbs considers it interesting for people to be able to explore that algorithm and appreciate the aesthetic value it can create, he makes it clear that his vision for Fidenza is now complete. I think the 999 is sort of the perfect test run of the algorithm, and captures everything that I could have wanted it to capture, he says, adding that he likes that there is a clear start and a clear finish.<\/span><\/p>\n<blockquote class=\"pullquote align-center\"><p><span style=\"font-weight: 400\">There\u2019s a certain artistic challenge to creating an algorithm that will create something with a lot of beautiful variety within those 999, while still maintaining a consistent level of quality<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">He is unconcerned about fakes due to the unfalsifiable nature of blockchain provenance, but acknowledges that someone could sell them as unofficial Fidenzas. While he is unable to ascertain the legality of doing so, he finds the thought of others co-opting the program for profit as unethical and disrespectful.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_9045\" aria-describedby=\"caption-attachment-9045\" style=\"width: 750px\" class=\"wp-caption alignnone\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-9045 size-jnews-featured-750\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/CaptKJure-750x166.png\" alt=\"\" width=\"750\" height=\"166\" \/><figcaption id=\"caption-attachment-9045\" class=\"wp-caption-text\">Various punks. Source: NFTX.org<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/www.larvalabs.com\/cryptopunks\/forsale\"><span style=\"font-weight: 400\">CryptoPunks<\/span><\/a><span style=\"font-weight: 400\">, one of the first and most well known NFT sets, is a victim of such replication. While the floor (cheapest listed NFT of the set) for one of the 10,000 original Punks sits around 100 ETH, a \u201cPhunk which faces the other way can be had for a mere 0.04 ETH. Zunks go for 0.05 ETH, HD Punks for 0.02 ETH, and Bastard Gan Punks for a respectable 0.50 ETH. If imitation is flattery, it can be argued that these copies only affirm and increase the value of the real punks.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">(function() {window.mc4wp = window.mc4wp || {listeners: [],forms: {on: function(evt, cb) {window.mc4wp.listeners.push({event   : evt,callback: cb});}}}})();<!-- Mailchimp for WordPress v4.8.6 - https:\/\/wordpress.org\/plugins\/mailchimp-for-wp\/ --><\/p>\n<div class=\"mc4wp-form-fields\">\n<div class=\"jeg_mc4wp_heading\">\n<h3><span class=\"ez-toc-section\" id=\"The_best_of_blockchain_every_Tuesday\"><\/span>The best of blockchain, every Tuesday<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Subscribe for thoughtful explorations and leisurely reads from Magazine.<\/p>\n<\/div>\n<p>By subscribing you agree to our Terms of Service and Privacy Policy<\/div>\n<p><label>Leave this field empty if you&#8217;re human: <\/label><\/p>\n<div class=\"mc4wp-response\"><\/div>\n<p><!-- \/ Mailchimp for WordPress Plugin --><\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<h4><span class=\"ez-toc-section\" id=\"Struggling_artist\"><\/span>Struggling artist<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Growing up in central Texas, Hobbs dabbled in sports, a variety of music, and often spent time drawing comic books by hand. He wanted to go to art school, but my dad talked me into studying computer <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/sciencee\/\" data-internallinksmanager029f6b8e52c=\"5\" title=\"Science\" target=\"_blank\" rel=\"noopener\">science<\/a> instead  for pragmatic reasons. He completed his bachelor studies at the University of Texas at Austin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Graduating in 2010, he found work as a computer engineer with database company DataStax, where he focused on an open source, high performance database. Hobbs was satisfied, seeing programming as as good of a job as I could have hoped for, staying at the company until 2017.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Hobbs tried his hand at many styles of art including traditional artwork, as he referred to his oil paintings and figure drawings. These long-established artistic traditions however lacked an intimate connection to the artist himself  a 21st century computer scientist.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">The Bouldin Creek Mural was a precursor to Fidenza. Now I&#039;m looking for the right fit to paint a colorful Fidenza-esque mural! <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/IIqg6BYABp\">pic.twitter.com\/IIqg6BYABp<\/a><\/p>\n<p>\u2014 Tyler Hobbs (@tylerxhobbs) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/tylerxhobbs\/status\/1407032543224995843?ref_src=twsrc%5Etfw\">June 21, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">Hobbes believes that to make exceptional art, it is important that the art relate to the artist and their unique skills because that\u2019s where you have the most interesting things to say. This can be seen throughout history  from stone-age hunters who drew images of their <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/game\/\" data-internallinksmanager029f6b8e52c=\"7\" title=\"Game\" target=\"_blank\" rel=\"noopener\">game<\/a> on the walls of their dwellings, to the likes of Da Vinci, whose figure drawings were based on his study of human anatomy.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_8979\" aria-describedby=\"caption-attachment-8979\" style=\"width: 396px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-8979\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/tyler-hobbs-clarion-2017-med-300x300.jpg\" alt=\"\" width=\"396\" height=\"396\" \/><figcaption id=\"caption-attachment-8979\" class=\"wp-caption-text\">Clarion, a work from 2017. (Source: tylerxhobbs.com)<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">While searching for a personal connection to his art, Hobbs discovered the <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/en.wikipedia.org\/wiki\/Generative_art#:~:text=Generative%20art%20refers%20to%20art,made%20directly%20by%20the%20artist.\"><span style=\"font-weight: 400\">generative art<\/span><\/a><span style=\"font-weight: 400\"> genre: art created in a way by which an autonomous system can independently determine features of an artwork that would otherwise require decisions made directly by the artist. With programming close to his heart, the gears began to spin.<\/span><\/p>\n<blockquote class=\"pullquote align-center\"><p><span style=\"font-weight: 400\">I started wondering if I could write a program that would create a painting.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">From 2014, Hobbs began using tools that were not designed for making artwork at all, but the results that I had were really interesting artistically, he recalls, referring to his early experimentation with generative art. He found the results much more interesting than the paintings that I\u2019d been making, inspiring him to continue developing his methods.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"jeg_postblock_carousel jeg_postblock_carousel_3 jeg_postblock jeg_col_8 jnews_module__1_613f732ac7712    \">\n<div class=\"jeg_carousel_post\" data-nav='' data-autoplay='true' data-delay='4500' data-items=\"3\" data-margin='20'>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"End of the bull run part 2\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Sell_or_hodl_How_to_prepare_for_the_end_of_the_bull_run_Part_2-2\"><\/span>Sell or hodl? How to prepare for the end of the bull run, Part 2<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 8, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Prepare for the end of the bull run\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"How_to_prepare_for_the_end_of_the_bull_run_Part_1_Timing-2\"><\/span>How to prepare for the end of the bull run, Part 1: Timing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 3, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"The_value_of_a_legacy_Hunting_down_Satoshis_Bitcoin-2\"><\/span>The value of a legacy: Hunting down Satoshis Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 1, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"The Crypto Effect Trading Altcoins Edge Addiction Matt Danzico\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"The_crypto_effect_Trading_altcoins_at_the_edge_of_addiction-2\"><\/span>The crypto effect: Trading altcoins at the edge of addiction<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 24, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Work hard at playing: How video game job markets may develop\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Blockchain_is_as_revolutionary_as_electricity_Big_Ideas_with_Jason_Potts-2\"><\/span>Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 23, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<p><\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">By 2017 he had grown enough confidence and savings to quit his job in order to focus full time on art, creating 100 pieces per year. Making a living selling prints and commissions was hard, as it was far less than he earned as an engineer.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<figure id=\"attachment_8980\" aria-describedby=\"caption-attachment-8980\" style=\"width: 325px\" class=\"wp-caption aligncenter\"><img decoding=\"async\" loading=\"lazy\" class=\"wp-image-8980\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/tyler-hobbs-loxodography-26-2019-med-240x300.jpg\" alt=\"\" width=\"325\" height=\"406\" \/><figcaption id=\"caption-attachment-8980\" class=\"wp-caption-text\">LOXODOGRAPHY, a work from 2019, which shows clear hints of what is to come. (Source: tylerxhobbs.com)<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">Suffering from financial pressures and loneliness, in 2018 he joined some of his former colleagues in founding <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/trip-and-travel\/\" data-internallinksmanager029f6b8e52c=\"10\" title=\"Trip &amp; Travel\" target=\"_blank\" rel=\"noopener\">Travel<\/a> Boss, a startup focused on business travel where he worked part time to leave room for art. The company shut down early this year due to the pandemic.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"Artblocks\"><\/span>Artblocks<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">Losing his job was a blessing in disguise, because it was around this time in February 2021 that he discovered Artblocks. Though he had been generally aware of blockchain technology before, he admits that he had never been interested in working in the industry nor investing in cryptocurrencies.<\/span><\/p>\n<blockquote class=\"pullquote align-center\"><p><span style=\"font-weight: 400\">I was fairly sceptical of NFT\u2019s in general, until I heard about Art Blocks. Art Blocks totally changed my opinion, because of how great of a fit it is for generative art specifically.<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">Hobbs considered <\/span><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/artblocks.io\/\"><span style=\"font-weight: 400\">Art Blocks<\/span><\/a><span style=\"font-weight: 400\"> a huge breakthrough for Generative Art, which he says has been struggling since its inception in the 1960s. With an audience willing to play a direct role in the creation of their purchased generative art, there was finally a product-market fit.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The curated stream is the most prestigious, with artists selected by the platform\u2019s curation board after a lengthy vetting process. Hobbs applied to be a curated artist, because I knew that the artwork was good, and I have a relatively well proven track record of making good work and had a good network, he said with well-placed confidence.<\/span><\/p>\n<h4><span class=\"ez-toc-section\" id=\"A_high_bar\"><\/span>A high bar<span class=\"ez-toc-section-end\"><\/span><\/h4>\n<p><span style=\"font-weight: 400\">The initial income from minting was life changing for Hobbs, because it meant the security that I could continue to work full time on artwork for several years, even with zero secondary sales. Though he has sold most of the ETH, he maintains a substantial position which he suspects will rise in value.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Much of his time is currently spent connecting with collectors, who naturally want to form relationships with the artist whose million-dollar works they own. Behind him is a stack of rolled Fidenza prints, which he is in the process of shipping out. I allow the owners to order prints and it\u2019s limited to one print, he clarifies, explaining that he charges only reasonable printing costs of up to $600  a pittance considering the floor rests around $800,000.<\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Twitter has been moving very fast for me (all of us?) these days. Thank you for your patience while I work to get back to everyone. Soon(ish) I&#039;ll start posting regularly again ;). In the meantime, check out my most recent essay: <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/t.co\/ezz2r9IjuU\">https:\/\/t.co\/ezz2r9IjuU<\/a><\/p>\n<p>\u2014 Tyler Hobbs (@tylerxhobbs) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/tylerxhobbs\/status\/1434860049382453251?ref_src=twsrc%5Etfw\">September 6, 2021<\/a><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\">Though Hobbs will certainly be continuing his daily artistic practice, his next moves will be more intentional. He intends to flip his process of releasing early sketches as he works, instead starting with the finished product and only later showing partial works<\/span><\/p>\n<p><span style=\"font-weight: 400\">I\u2019m 100% focused on releasing quality work, he says, and though he is in no hurry, he hopes to artistically outdo himself once more. <\/span><\/p>\n<blockquote class=\"pullquote align-center\"><p><span style=\"font-weight: 400\">I know that that\u2019s a high bar, but I do also feel that I can meet or exceed it in the future  at least in terms of how I view the quality of the work.<br \/><\/span><\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><span style=\"font-weight: 400\"><\/p>\n<div class=\"jeg_postblock_carousel jeg_postblock_carousel_3 jeg_postblock jeg_col_8 jnews_module__2_613f732acbcaf    \">\n<div class=\"jeg_carousel_post\" data-nav='' data-autoplay='true' data-delay='4500' data-items=\"3\" data-margin='20'>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"End of the bull run part 2\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P2-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Sell_or_hodl_How_to_prepare_for_the_end_of_the_bull_run_Part_2-3\"><\/span>Sell or hodl? How to prepare for the end of the bull run, Part 2<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 8, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Prepare for the end of the bull run\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-How-to-prepare-for-the-end-of-the-bull-run-P1-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"How_to_prepare_for_the_end_of_the_bull_run_Part_1_Timing-3\"><\/span>How to prepare for the end of the bull run, Part 1: Timing<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 3, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Analysing-legacy-BTC-and-their-movement-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"The_value_of_a_legacy_Hunting_down_Satoshis_Bitcoin-3\"><\/span>The value of a legacy: Hunting down Satoshis Bitcoin<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> September 1, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"The Crypto Effect Trading Altcoins Edge Addiction Matt Danzico\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/magazine-Crypto-addiction-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"The_crypto_effect_Trading_altcoins_at_the_edge_of_addiction-3\"><\/span>The crypto effect: Trading altcoins at the edge of addiction<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 24, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div>\n<div class=\"jeg_post_wrapper\">\n<article class=\"jeg_post format-standard\">\n<div class=\"jeg_thumb\">\n<div class=\"thumbnail-container animate-lazy  size-1000 \"><img decoding=\"async\" width=\"75\" height=\"75\" src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/themes\/jnews\/assets\/img\/jeg-empty.png\" class=\"attachment-jnews-75x75 size-jnews-75x75 lazyload wp-post-image\" alt=\"Work hard at playing: How video game job markets may develop\" loading=\"lazy\" data-src=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-75x75.jpg\" data-srcset=\"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-75x75.jpg 75w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-100x100.jpg 100w, https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/08\/Big-Ideas-Jason-Potts-350x350.jpg 350w\" data-sizes=\"auto\" data-expand=\"700\" \/><\/div>\n<\/p><\/div>\n<div class=\"overlay_content\">\n<div class=\"jeg_postblock_content\">\n<h3 class=\"jeg_post_title\"><span class=\"ez-toc-section\" id=\"Blockchain_is_as_revolutionary_as_electricity_Big_Ideas_with_Jason_Potts-3\"><\/span>Blockchain is as revolutionary as electricity: Big Ideas with Jason Potts<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<div class=\"jeg_post_meta\">\n<div class=\"jeg_meta_date\"><i class=\"fa fa-clock-o\"><\/i> August 23, 2021<\/div>\n<\/div><\/div>\n<\/p><\/div>\n<\/article>\n<\/div><\/div>\n<\/p><\/div>\n<p><\/span><\/p>\n<p>\u00a0<\/p>\n<p>\u00a0<\/p>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/magazine\/2021\/09\/13\/fidenza-tyler-hobbs-wrote-a-program-to-make-art-that-is-now-worth-millions\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;#Fidenza: Tyler Hobbs wrote software that generates art worth millions&#8221; &lt;p&gt;&lt;b&gt;Computer scientist turned generative artist Tyler Hobbs writes code artistically, which then creates visual art that has sold for millions.&lt;\/b&gt; Along with 998 siblings, Fidenza #313 was minted for 0.17 ETH on June 11th, after which it was immediately sold for 0.58 ETH. Just over&#8230;<\/p>\n","protected":false},"author":1,"featured_media":338653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/cointelegraph.com\/magazine\/wp-content\/uploads\/2021\/09\/magazine-Tyler-Hobbs.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-338652","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/338652","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=338652"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/338652\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/338653"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=338652"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=338652"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=338652"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}