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Detailed explanation of the programmable NFT platform Async Art

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Read this article in 12 Minutes

Let NFT move.

Original title: "How to collect programmable art"

Original source: Bankless

Original compilation: 0x26

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A mainstream artist who’s never been in the crypto space before just sold the most valuable NFT collectible ever — artist Beeple fetched $3.5 million at auction ( "Cryptoart: Beeple, an artist from a dystopian future ").

Beeple's "The Complete MF Collection" Art Auction Achieves $3.5M

Digitizing artworks into NFTs will open up new markets. This is a self-verified art marketplace for users native to the cryptocurrency industry.

This will unlock a new possibility. What if a piece of art had multiple owners, each able to change the appearance of their portion of the art?

These digital assets can not only be bought, sold and collected by anyone in the world at any time, but these assets can also be programmed.

This will unlock a new possibility for the artwork. What would happen if a piece of art had multiple owners, each able to change the appearance of their portion of the art?

Let’s explore Ethereum’s programmable NFT technology.

How to Collect Programmable Art

Async Art is a programmable encrypted art platform built on Ethereum, and creators' works of art are released in the form of NFT tokens.

The interesting part about this is that any given piece of Async Art is backed by the "Master" token and the " Layer" tokens, which contain adjustable feature collectors that can be triggered to change the final appearance of the Master token. This article will tell you how to collect Async Art's encrypted artwork and how to change the characteristics of Layer tokens.

Async Art background introduction

Async Art launched in February 2020 with the vision to use Ethereum as the basis for programmable digital artwork.

At its core, Async Art revolves around digital artwork that Will be constantly changing due to adjustments by collectors or through data obtained from off-chain resources.

Source: Right Place & Right Time

This is a Bitcoin-centric Async Art work, Created by artist Matt Kane. The change of the Layer token of the work depends on the BTC price data obtained from off-chain. Earlier this year, the piece was sold for 262 ETH.

So far, Async Art has facilitated 700 transactions with a total value of nearly 1 million US dollars and an average sales price of 15,000 USD or so.

Advantages for Async Art certified artists include a novel sales channel (i.e. selling Layer layer), and the ability to automatically earn royalties from secondary sales of Async Art.

Personal Experience

Since the beginning of 2020, I (William M. Peaster) have been collecting crypto art on various Ethereum-based platforms, including Async Art.

The first time I learned about Async's work was "Choose the Man You Will Become (choose who you will become)".

In the above work, there are 6 lines with 5 configuration files in each line. Each of these mugshots can be individually collected as a "layer" badge, and each of their features can be transformed from a black silhouette to a colorful mugshot.

Earlier this year, I purchased the photo in the middle of the second row above, named "8th Man". A few months later, I sold the Layer token for 2 ETH. Yes, wouldn't it be cool to get a double, but that's not the fun part.

When the George Floyd protests swept the United States, almost all Layer token owners immediately put their avatars Became outlines (black) to show solidarity.

This is a small protest driven by art and Ethereum.

This interaction is done in a decentralized manner, there is no direct communication between Layer token holders communicate. This is just the first example of an active, fluid, collaborative future of Ethereum-based art.

For another example, take a look at Async Art’s work "One More Turn III", author is a rebellious artist. The artwork is inspired by the game series "Sid Meier's Civilization" of turn-based strategy games, which revolves around controllable tiles.

I am a huge fan of the Civilization series, so I immediately bought the Layer token of the three layers in the lower right corner . Being a programmable part, the state of these parts (and everything else) can transition from "empty" to red, blue or yellow.

This means that the work can constantly change in appearance, just like the game land seen during the civilization game Change of belonging! All of this is purely based on what its collectors think.

How to collect the encrypted art of Async Art

Whether it is Master or Layer tokens, collecting NFT is very simple. The only thing you really need to do is have some ETH ready.

Before I speak next, I would like to say that, like various activities in DeFi, the art of encryption Investing is also risky. So be careful! Do Your Own Research!

If you must join, your best bet is to find an artist you like (and the price is within your budget) or an artist who can move you. Such words do not immediately take into account the potential profit.

1. Log in to Async Art and connect your wallet.

2. Async Art offers Master and Layer tokens at a range of prices, including previously unsold NFTs and secondary Works offered by collectors on the high-end market. Browse the gallery of the platform and find a piece that you like.

3. Some Async Art works have "direct purchase" prices, and some works have open auctions, users Enter an Ethereum quote, and the auction end time is at the sole discretion of the artist.

4. If the Master or Layer Token you purchased is "Buy Now", then it will be sent to you immediately Ethereum wallet. If you bid on an auction, you will need to wait to see if the artist accepts your bid, or if you are replaced by another potential collector with a higher bid.

5. If you are replaced by another collector with a higher bid, but the artist is not finished This auction, then you are free to place a higher bid for ETH.

That's all

Artists and collectors are entering a new era of opportunity: Ethereum's decentralized economic ecosystem. Participants now have more options to earn investments and reap benefits in this emerging digital economy.

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