Collection of Traditional Art drawn by AI.
This is the experiment.
Experiment Question: If NFT's value is based on its uniqueness, non-fungibility and secureness,
then price of all NFTs should be the same, or price is highly dependent on the image?
Then, THE EXPERIMENT:
- DALL-E generated a set of Traditional Art paintings of specific areas (for bought credits).
- Tradition is (in alphabet order): Arab, Chinese, European, Hindu, Japanese, Korean, Persian.
- Area is (in alphabet order): a City, a Forest, a Mountain, a River, a Sea.
- Some images with ID equal to prime numbers (2,3,5,7,11...) are duplicated, and one of duplicates is mirrored (still, pretty unique image)
- Relation is one-to-one (One Image - one Visual NFT)
- Collection is finalized - no more extensions.
- Auction with a starting value 0. (resalable, royalty is 3%, as a traditional number)
Then, with the same collection and NFT uniqueness, expected that NFT price depends on image uniqueness.
Collection of Traditional Art drawn by AI.
This is the experiment.
Experiment Question: If NFT's value is based on its uniqueness, non-fungibility and secureness,
then price of all NFTs should be the same, or price is highly dependent on the image?
Then, THE EXPERIMENT:
- DALL-E generated a set of Traditional Art paintings of specific areas (for bought credits).
- Tradition is (in alphabet order): Arab, Chinese, European, Hindu, Japanese, Korean, Persian.
- Area is (in alphabet order): a City, a Forest, a Mountain, a River, a Sea.
- Some images with ID equal to prime numbers (2,3,5,7,11...) are duplicated, and one of duplicates is mirrored (still, pretty unique image)
- Relation is one-to-one (One Image - one Visual NFT)
- Collection is finalized - no more extensions.
- Auction with a starting value 0. (resalable, royalty is 3%, as a traditional number)
Then, with the same collection and NFT uniqueness, expected that NFT price depends on image uniqueness.
Items
· 182
Created
· Apr 2023
Creator earnings
· 3%
Chain
Polygon
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