The team behind Solana-based digital fine art marketplace Exchange.Art announced Wednesday that it is releasing a non-fungible token (NFT) platform for generative art.
Called Code Canvas, the platform will allow creators and collectors to mint and trade generative art NFTs on the Solana blockchain. Similar to its flagship Ethereum-based generative art platform, Art Blocks, Code Canvas will curate primary drops and secondary sales of Solana-based generative art NFTs.
Adam Karren, chief product officer at Code Canvas, told CoinDesk he was excited to bring generative art, an art form born in the 20th century fueled by blockchain technology, to the growing Solana NFT ecosystem. He said that he was
“We are very excited because we have a strong pipeline of artists wanting to come. [to Solana] For various reasons,” Karen said. “Affordability, speed and user experience with real issuance on-chain are top priorities.”
Karen said he hopes to bring in artists native to the Ethereum and Tezos fine art ecosystems.The platform’s first two collections were created by Tezos native generative artist Leander Herzog on March 8. It will be released on March 22nd, followed by StudioYorktown on March 22nd.
Additionally, Code Canvas aims to reward creators and their loyal fans through the CoCa Pass. The CoCa Pass gives the owner lifetime access to her NFT drop and mining services.
“We’re really trying to help artists win, help collectors, and support those artists. We’re trying to create a more engaged community and a more engaged collector base.”
Code Canvas also plans to charge usage fees to Solana in favor of creators and their revenue. With the November royalty debate heating up, Exchange.Art has created a royalty protection standard to allow creators to pay royalties on secondary sales.