Generative Art NFT Collection QQL Raises $17 Million

The generative art NFT collection QQL has raised 126,00 ETH – or $17 million – during their mint phase on Wednesday. Additionally, the collection also managed to raise $20 million in transaction volume following the mint. QQL comes by way of Tyler Hobbs, the Fidenza star, who created the collection with Dandelion Wist, co-founder of Archipelago.

a graphic showing different-coloured circles, created by the qql generative art collection algorithm by Tyler hobbs
QQL is blurring the lines between artist and collector.

About the generative art NFT collection QQL

According to the project’s website, this collaboration represents a new way to mint NFTs. This is because the project allows NFT collectors to act as collaborators via the newly-released QQL algorithm.

Undoubtedly, it is a groundbreaking, on-chain artistic experiment. To kick start the experiment, Tyler Hobbs, together with Dandelion Wist, released the project’s algorithm and distributed 999 mint passes. Each mint pass allows the holder to curate one output from QQL, and immortalise it as one of the 999 QQL NFTs.

“We want collectors to view their engagement as an adventure and make a creative contribution to the art. Adding a curation step by the collector also allows the generative algorithm to take more risks and explore a more interesting potential output space,” state Hobbs and Wist, via the QQL website.

About Tyler Hobbs

Tyler Hobbs is a visual and NFT artist from Austin, Texas. Tyler’s Fidenza generative art collection broke NFT art records and propelled him to fame. His artwork revolves around computational aesthetics, and how computer hardware, software and algorithms can be used as tools for visual art.

Via his work, Tyler manages to strike a balance between computers’ cold, structural aesthetics and the organic chaos that exists in the natural world. Unquestionably, QQL solidifies his position as one of the generative art movement’s leading artists.

Source NFT EVENING

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