How to Buy Generative AI Art NFTs on Art Mine
Generative AI Art is a hot, emerging category of digital art that is quickly developing fans and collectors. The new style of art-making brings together artist, machine and collector in a unique collaboration that was never possible before.
The process starts with the artist, who inputs their original artworks to train an unbiased GAN model. The machine then autonomously generates unique, one-of-kind images based on these inputs. Each generation is unique, but similar, as it was based on the same training set. Collectors are then invited to generate results to find the best artworks from each model to mint as an NFT to the finite collection.
If this sounds like something you’re interested in, keep reading to learn more about how to purchase Generative AI Art NFTs on Art Mine.
Why Should I Buy Generative AI Art?
The reasons for buying Generative AI Art are the same as buying any work of art. Here are some reasons you may be interested in buying a specific artwork:
Connect with and Support Artists: While Generative AI Art incorporates technology in its process, the inputs and outputs are controlled by humans and as such, are very much a human product. The proceeds from the primary (first) sale of each artwork go directly to the artist, as well as the royalties from secondary sales.
Incentives from Artists: In addition to selling the artwork, artists can also attach additional incentives to the purchase of NFT artworks and include these terms in the smart contract. Artists may provide first looks, donations to charity, access to communities, original prints, and more. By verifying owner wallet addresses, artists can restrict these benefits to NFT holders only.
To Display Art - At Home and On Your Screens: Most of the NFTs in Art Mine are sold under the terms of NFT License 2.0 which include the right for holders to use the artwork for personal, non-commercial use. This includes printing copies to display at home, on social media, or wherever else you may want to display art. Unlike traditional art, collectors are not limited to the size and format set by the artist, but provides the collector flexibility in the size, type of paper, and more.
Invest in Your Future: Art has traditionally also served as a storage of value and as an asset that can be sold in the future for liquidity. The NFT art sold in Art Mine provides collectors the opportunity to buy in the primary market - direct from the artist - and to resell the artwork on secondary marketplaces like Rarible or Opensea. Each artwork is part of a limited collection, which includes other collectors who also enjoy this collection and may be interested in purchasing your one-of-a-kind selections in the secondary market to add to their existing collection.
What Do I Need to Get Started?
NFTs are a new way of buying art through the blockchain. Art Mine NFTs are on the Ethereum (ETH) blockchain and require the following to purchase:
Purchase Ethereum: You can purchase Ethereum on most cryptocurrency exchanges, such as Coinbase. Click here for instructions on how to purchase Ethereum on Coinbase.
Create a MetaMask wallet: You will also need an ETH-compatible wallet, such as Coinbase. Click here for instructions on how to set up a MetaMask wallet.
Transfer Ethereum to MetaMask: The last step is to transfer your ETH from your Coinbase wallet to your MetaMask wallet. Click here for instructions on how to transfer funds from your Coinbase wallet to your MetaMask.
Congratulations! You’re now ready to buy NFT art.
How Do I Find Art to Purchase on Art Mine?
Go to Playform Art Mine and browse the available projects. Each project includes information provided by the artist that is also stored on-chain in the smart contract. You’ll be able to see examples of the artworks generated by the model as well as any incentives included by the artist.
Once you find a project that is of interest, click on “Mine Now.” You’ll be prompted to enter 8-digit numbers. Each number generates a unique result based on those numbers. The more similar the numbers, the more similar the generated results. You can generate as many images as you’d like.
For a limited time, you can try the process by collecting one of our free Playform Pizza NFTs before they’re all gone.
How Do I Purchase on Art Mine?
Once you find a result you want to purchase, click on “Mint Now” which will prompt you to connect and transact via your MetaMask wallet. Once the transaction is completed, the NFT will be transferred to your wallet.
Once you purchase an artwork, that number and similar numbers will be burned from the model and cannot be generated by any subsequent collectors.
Note that each transaction on the Ethereum blockchain requires a “gas fee.” These fees are charged by the blockchain and are required for the computational resources involved in each ETH transaction.
How Do I Enjoy My Art?
We recommend Rarible for viewing and listing your artwork for secondary marketplace. To do this, go to Rarible.com and sign in using your MetaMask wallet. Go to your profile, and you’ll see the contents of your wallet. You can retrieve your image file here. Note that you can upscale these images up to 12,888px using Playform.
You can also list your art to be sold on the secondary market. Go into the artwork on Rarible and click on “Put on Sale” to get started.
Check out all the amazing projects on Art Mine.