DEL is minted out.
All 256 artworks were placed during the private sale.
Many thanks to all collectors who reached out. It’s encouraging and humbling to see this kind of demand.
A beautiful reminder of why blockchain art is such a unique medium and market.
What was once a vehicle for speculation on PFPs and uninspiring 10K collections is very slowly becoming the place @artnome envisioned: a global underground scene of artists using blockchain rails to explore a new kind of digital materiality.
Unlike much of the contemporary art world, this work emerges from the conditions in which many of us now spend a large part of our lives: screens, networks, algorithms, compression, code, and digital labor.
It isn't made to be translated into the language of the gallery's white cube. It can do that, but it doesn't have to.
It's peer-to-peer art, native to digital space, about digital space.
For decades, the art world increasingly shifted toward a system in which the artist became the primary product. Galleries don't just exhibit artists, they manufacture credibility around them.
Blockchain-based distribution offers artists another path. They can find audiences directly, form scenes organically, and develop a discourse around the work itself rather than relying on galleries to launch their careers.
Galleries remain valuable, but they are no longer the only route.
There are many forces challenging this top-down gallery model, but this digital underground scene may be the most fascinating of them all.
For the first time in decades, a generation of artists is learning to speak in the language of its own medium. A medium that is simultaneously their material, their stage, their audience and distribution.
It's not crypto art. It's not post-internet art.
It doesn't have a name yet.
If you were lucky enough to mint an Art project for a fair price that happens to 10x make sure you add royalties to your sale.
This is a case where royalties to the Artist make crystal clear sense.