Be greedy only when others are fearful. - Warren Buffet. It feels like its nearly time for blue chip NFT collectors to be greedy.
1. This week's AI Video: 1) What?
6 AI Video Art pieces presented without further commentary. Featuring Alice Gordon, Leo Espinoza, Frank Manzano, Visu_AI_Poetry, Shaun Keenan, and EtherealMoon.
2. Essay: Let’s Make Art Collecting Great Again
It’s another season of NFT doldrums. Chromie Squiggles are my personal barometer of the health of the NFT market. For better or worse, Squigs have been a $20k stablecoin for the past 2 years, but since April even that assurance has broken down with current floors crumbling to $13k.
Fortunately, we can count on OGs like VonMises to remind us that the long arc of crypto progress bends towards “up only”.
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Into this uncertainty steps the team at Artacle. Artacle has made a name for themselves over the past several years as the go to provider of powerful analytics focused on the blue-chip digital art market. The ARTCL Index, a market cap weighted index of generative art collections, has become a trusted measure for gen art market performance, while the newer ARTCL AI Index provides similar guidance around the emerging AI art marketplace.
On Wednesday of this week, Artacle took an expansive step forward with the release of Artacle Marketplace and Art Points. Marketplace is a new, neutral, secondary NFT market for trading blue-chip NFT art, and Art Points are an incentive mechanism that Artacle intends to align with the long term values of collectors and artists.
The immediate effect of these product releases are threefold:
Collectors who held any of the collections that Artacle tracks at any point over the past 2 years are eligible to receive an Art Points airdrop. Collectors who bought or sold those collections in transactions that included royalty payments are eligible for further Art Points claims.
On a go-forward basis, every transaction of collections tracked in the ARTCL and ARTCL AI indices across all tracked marketplaces (including Opensea, Blur, Foundation, Rarible, Artblocks, and even Sotheby's among dozens of others) are eligible to earn Art Points when recommended royalties are paid.
Artacle Marketplace now becomes an alternative to list and purchase these same collections, with access to enhanced data for a more refined understanding of optimal outcomes. Transactions that take place on Artacle marketplace are also eligible for Art Point multipliers vs those same transactions occurring on other marketplaces.
Let’s dive into some details of these updates:
Claiming Art Points
Seeing your claimable Art Points is incredibly easy. In your browser, head to artacle.io, and enter your ENS or wallet address in the search bar at the top of the page. I did this for Lamis.eth and instantly got the news that I have a sizable airdrop incoming. 146,733 Art Points.
Looking at the overall list of Art Points recipients found at https://artacle.io/leaderboard, I’m in 227th place - just above thezuck.eth and zenecavault.eth, and just a few spots behind tonyherrera. I’m coming for you Tony!
While you can see your Art Points, you can’t claim them yet. Artacle says that process will be enabled in the next few weeks. Once you are able to claim them they will then be available to use on Artacle related benefits, with future utility in the works 👀
Using Artacle Marketplace
Artacle Marketplace reminds me of Sansa. Sansa was a neutral secondary marketplace that launched a few years ago - focused on blue-chip collections and heavily focusing on Artblocks collections. So it was to no one’s surprise when they were acquired by Artblocks and have now become a new service on artblocks.io.
We love Artblocks at Flamingo TV, but we’re equally excited that another neutral marketplace has emerged so quickly to fill the Sansa void. Artacle Marketplace goes a step further with a deep focus on AI art along with generative collections. Another high quality feature of Artacle is the integration of advanced analytics - which can be leveraged by buyer and seller alike. The Artacle analytics are industry leading, and should become a must review for transactions of high value generative and AI art.
Pictured here is the listing panel on Artacle Marketplace. You will note a few additions that exemplify what Artacle is focused on. When you list you will see the recommended A-value, which is an algorithm designed to better forecast the true value of a token. You can also see a recommended royalty, and the seller can adjust that royalty as they desire. However adjusting the royalty comes with consequences related to Art Points. With the recommended royalty, you can earn substantial Art Points as shown in the listing panel. As you adjust the royalty, the Art Points will dynamically adjust as well. And if you qualify for other benefits like being an Artacle OG (see discord), you can earn additional Art Points.
Earn Art Points on any platform
While Artacle is incentivizing sellers and buyers to transact on the new Artacle Marketplace, they insist that Art Points will be awarded for royalty-paying transactions on any tracked marketplace. And the data that they are tracking is expansive. From alienswap to X2Y2, your royalty paying transactions will earn Art Points.
It’s refreshing to see a new approach to bluechip NFTs. We’ve been beaten down with flippers, farmers and haters, and now it’s time to make collecting great again.
4. Further Readings
The AI Video Platform battles are heating up. Artists were enamored with the teasers they saw from Sora, until Luma AI dropped a release last week that became the talk of twitter:
The best part? They are actually letting people use it
10 awesome examples with prompts:
Luma had it's 15 seconds of fame followed by Runway releasing Version 3:
10 wild examples:
1. An astronaut walking between stone buildings.
These battles sure make it interesting for artists and consumers!
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