Today’s NFT artist goes by the name Abstractment, and besides mastering abstraction, he has also conquered utility. For those that aren’t familiar with the relationship between utilities and NFTs, it is essential. Many collections and projects have been providing a different set of benefits in addition to holding the NFT. Those utilities range from additional free NFTs (called airdrops), memberships, or even financial incentives.
Abstractment is one of the earlier innovators in that regard as the owners of his Clew collection - sometimes called Clew crew - received NFTs from his second collection (#symmetriClew) for free. You had to own at least five Clews for that.
Clew #52 by Abstractment (animated)
How did you discover NFTs?
Same as most, I’m guessing… crypto punks. It was a few years ago and I didn’t think much of it, but that’s when I first discovered NFTs. Then when prices went crazy early last year I started to look into it more. I then heard about art blocks, started to explore that sector more, and eventually found gen_dot_art. Gen_dot_art really helped educate me on this space, and that’s when I found fxhash.
Abstractment came out of nowhere as he didn’t create many NFTs before Clew. It minted out quickly for just 0.89 Tezos (less than $4), and the price mooned quite fast. Currently, each Clew has a price tag of at least 39 Tezos (+/- $150) and a total volume of over 9k Tezos (+/- $40k). His second collection (#symmetriClew) has a floor of 30 Tezos (+$100), which means holders of five Clews received a $100 surprise for free…
Clew #239 by Abstractment (animated)
Can you tell me a bit about your creation process?
It depends on the project… sometimes it starts with exploration and just testing different ideas to see what I like. At other times, like a current project that I’m working on, it’s driven by a very clear concept at the beginning. In both scenarios, once I know what I want, I spend a lot of time refining until I get it exactly how I want it.
Oftentimes, as I go through the refining process, I end up conceptualizing new variations that I try to incorporate (although only a small percentage actually stay in the final product). Because I’m not a formally trained coder, it’s a lot of “two steps forward, one step back.” Then, right after I drop, a flood of new ideas come to me about how I could have improved further.
#symmetriClew #139 by Abstractment (animated)
Who are your favorite NFT artists, and why?
Rich Poole: I love the textures he creates, and I love how he supports other artists, through reinvesting in other artwork and through feedback and guidance.
Lisa Orth: there is just something about Lisa’s style that resonates with me. It’s beautiful, and it’s simultaneously clean and chaotic.
pepe__xyz: their work is the epitome of abstract, and I absolutely love it.
Lunarean: Why? Solace.
Clew #34 by Abstractment (animated)
If you would like to learn more about Abstractment, I recommend the following podcast episodes:
Don’t forget to follow Abstractment on his Twitter account to stay updated with his next drops and utilities.
Until next time,
Kaloh