why generative art nfts are outperforming and why this is just the beginning:

to start, an up and to the right (!) chart: @artblocks_io unique wallets. steady growth since the initial pump in aug 21, h/t @RantumBits

similar can be said for @fx_hash_, which is earlier in its growth having launched in late fall 21. while it's harder to track # wallets there, established collectors/ives are jumping in by the day (todays latest below)..

..which is evidenced by grail floor prices in full price discovery. floor prices since inception of RGB Elementary Cellular Automation by @ciphrd and contrapuntos by @msoriaro are two great examples

yet it's so early in the adoption cycle. sotheby's held its first focused exhibition a few weeks ago (below) wherein pieces were (not intentionally) sold to crypto natives. traditional collectors are just starting to add generative into their portfolios

if in doubt of the above, established institutions already hold early iconic pieces. look no further than the father of digital art Chuck Csuri's Sine Curve Man (1967) residing in The Whitney

whitney.org/collection/works/57415

meanwhile, moves like this are being made

in short,
short term: consistent growth in collectors w/ increasingly deeper pockets vs. early adopters with diamond hands (we like the arrrt)
long term: proper adoption by the global art community

great read for anyone looking to learn more

www.artnome.com/news/2018/8/8/why-love-generative-art

have to close this out with some art. New day by @pointline_