Blockchain has afforded provenance and permanence to digital art and it has also granted us a new artistic medium. Just as ultramarine was a rare paint to source in the Renaissance, the knowledge of writing solidity code is a rare resource in today’s digital world. At gm. studio every collection has its code stored immutably on-chain, making each individual piece replicable entirely using on chain assets. When a piece is minted from one of our collections, the output is determined using a combination of the artist's algorithm and a unique hash, or seed, that is generated randomly upon the confirmation of the transaction on the blockchain. This ensures a sense of randomness & surprise to each collection, which often results in outputs that even the artist themselves did not expect.
What's an NFT?NFTs are tokens that we can use to represent ownership of unique items. They let us tokenise things like art, collectibles, even real estate. They can only have one official owner at a time and they're secured by the Ethereum blockchain – no one can modify the record of ownership or copy/paste a new NFT into existence.NFT stands for non-fungible token. Non-fungible is an economic term that you could use to describe things like your furniture, a song file, or your computer. These things are not interchangeable for other items because they have unique properties.