Listen "Ciphrd & Cosimo from fx(hash): open-form, $FXH, art coins and the importance of an open platform"
Episode Synopsis
Jamie, Ivan and Leyla sit down with Ciphrd and Cosimo from fxhash to explore their new Open-form protocol, the launch of the $FXH token and how the two platforms differ in their approaches.00:50 - Welcome Ciphrd and Cosimo 03:17 - Digging into art coins 09:50 - Token mechanics and pricing mechanisms 12:08 - A new method of patronage 17:25 - Speculation and new market participants 21:02 - The thinking behind the model 27:26 - Open-form generative art 29:55 - Balancing speculation with long-term attention 37:40 - Creating sustainability through innovation 40:03 - How $FXH powers the ecosystem 44:20 - Large scale releases and algorithmic evolution 50:40 - The community reception 53:50 - Onboarding artists to the new system 57:45 - Amplifying artists, collections and catching momentum 01:03:20 - Shifting collector mentality around value 01:10:24 - The mental cost of a pivot and the birth of Open-form 01:13:15 - The difference in connecting with a smaller or larger series 01:21:58 - An open versus a curated platform model 01:29:31- A symbiotic platform dynamic 01:31:28 - The power of web3's means of distribution 01:34:40 - Accessibility, scale, and the network effects of attention 01:41:39 - Defining success and sustainability in a new paradigm 01:46:55 - The value proposition of a curated platform 01:51:35 - A multi-model art market 01:53:10 - A points-based allow list 01:50:01 - Creating a cultural counter point to the traditional art market 02:02:15 - A holistic approach to platforms across the space
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