FxHash stands out in the generative art space by providing a user-friendly platform for artists, collectors, and curators to engage with generative art. Unlike other platforms, it does not have its own token, focusing instead on enabling the creation, sale, and collection of unique NFTs. Governed solely by its core team without a formal governance structure, FXhash prioritizes direct oversight and decision-making. The project has garnered significant support, raising $5 million in seed funding led by 1kx and supported by various notable entities
Value Proposition:
Fxhash builds tools that allow artists and collectors to pursue their passion for generative art. The platform provides an intuitive and secure environment for artists, collectors, and curators to create generative art projects, buy, sell, and collect art — and share their collections with the world.
Governance:
Currently, Fxhash does not have a formal governance structure in place. All decisions regarding the protocol are made by the core team
Tokenomics:
Currently, Fxhash does not have its own token. The platform operates primarily as a generative art platform focusing on enabling artists to mint and trade unique NFTs
Previous Funding:
FXhash successfully raised $5 million in seed funding. The round was led by 1kx, with participation from several other notable entities including Fabric Ventures, Bright Opportunities DAO, Union Square Ventures, the Tezos Foundation, Tane Labs, Daedalus, Everyrealm, PunkDAO, KRPDM, Casey Reas, Thefunnguys, Lemonde2d, and Gus Lee. Prior to this funding, FXhash was self-funded, having scaled its platform through revenue generated from artist and collector-friendly platform fees.
