Explosive Week for Art BlocksAug 30, 2021
Art Blocks had an explosive week with ~80,000 ETH of volume coming through. This anomaly mostly stems from several high-profile purchases of Curated Art Blocks such as Fidenzas, Ringers, and Squiggles.
Art Blocks has several different series of art under the same umbrella. Curated projects are selected by the Art Blocks curation board and are typically the most desirable collections. Upon launching a curated project, the artist can launch one project of their choice on the Art Blocks Playground. An example of this would be ZeBlocks – their successful Unigrids Curated drop (currently 32 ETH floor) has allowed them to launch another project called Beatboxes (currently 4.4 ETH floor) on the Art Blocks Playground. Art Blocks Factory admission requirements on the other hand are a lot more relaxed and projects launched here typically have a lower floor price.
While Curated drops remain the most attractive for collectors and speculators, Factory and Playground drops have been garnering more attention too. If you’re interested in learning more about Art Blocks, keep your eyes peeled for content dropping this week — exclusively for Delphi Digital Institutional subscribers. Subscribe now if you don’t want to miss it!