In this special episode of 'Waiting to Be Signed,' hosts Will & Trinity interview Ciphrd and Cosimo from the fx(hash) team to discuss the latest platform developments. They delve into the introduction of the $fxh token and its transformative potential for the generative art and NFT space. Key highlights include the evolution of the token protocol, its impacts on artists and collectors, and the innovative features of 'Open Form' projects, which allow continuous interaction with artworks. They also discuss the token's correlation with large edition artworks, its implications for the future of digital art, and how it aims to revitalize the art market amidst the ongoing bear market.
00:00 Introduction and Guest Welcome
01:15 Token Launch and Protocol Refinement
03:06 Open Form Art Mechanics
05:09 Evolutionary Art and Open Form
08:51 Tax and Legal Considerations
13:10 Why Base as the L2 for $fxh (and is Tezos cooked?)
19:05 $art Token Mechanics and Bonding Curves
28:52 Art and Finance Interplay
43:39 Primary Pricing, Ethereum Fee Structure, Legal Concerns
49:57 Future of Artist Tokens
54:20 FX Hash and Traditional Minting
57:20 Survival and Success of fx(hash)
01:11:00 Artist Participation and Market Dynamics
01:18:06 Conclusion and Final ThoughtsIntro & Outro music by Pixelwank