@javaing@WaitingToSign What a wonderful gesture! I hadn’t even thought about the articles that might disappear. Your tool works beautifully—thank you so much for preserving the memory of fxhash. 🩶
Statement about the future of fxhash
Hey fx community,
As you are aware, these times have been hard for platforms on NFT markets, and we're no exception. We recently had to scale down the team and have been working on scaling down our infrastructure. At this point in time, no one in the team is getting paid, there's myself and a handful of volunteers, as we're essentially running out of cash. I can understand why many platforms stopped trying, building this kind of product is draining you to the bone.
That being said, I am committed to getting us through this rough patch as I still deeply believe in such a tool existing for artists, but it's clear that the current model is not working. I've been thinking a lot about the future of fxhash, if any, and it came clear to me that the platform drifted from its initial goal of serving artists primarily along its journey.
I think at the root of the problem is that a tool serving artists should be fully owned by its users, and not operated by a small team of people, regardless of how benevolent might their intentions be. While it's always been a long-term goal of ours to fully decentralize the protocol at some point, now seem to be the only opportunity we'll have at it. It only seems like a tangible path towards the future in case the company could not keep supporting the product.
We're close to securing some money as a loan / investment, targeting end of June. Once we get this cash, it's clear that we will need to immediately change our trajectory.
The plan
- reduce operational costs to a minimum
- 4k$/mo in services -> will require 1-3 months of work
- 8k$/mo in employment -> reemploy a very small and focused team
- 2 devs
- 2-3 part-time members for helping across the board (admin, marketing, artist liaison, community, etc...)
- transition towards decentralization
- implement a DAO
- open-source everything
- figure out pipelines to slowly decentralize decision-making and ownership, from governance towards implementation
- open books: company financials for everyone to see
- first order of business to solve together: financial sustainability, targeting profitability
- consolidate the core product through governance
- chains supported
- features available
- etc...
This is the very last time we'll be able to raise cash in our current state, so essentially this will be our last shot at finding a way to build a sustainable long-lasting ecosystem. But I deeply think that the only way to do so will be collectively. It's essential that we reduce operational costs to a minimum until we figure out a sustainable path in the future.
The bridge till June
It's unclear whether we will be able to keep all the services running until we get cash. We took all the steps that we can and informed our providers, but their policies are understandably strict, I'll keep you updated about this.
Voyager's birthday.
Published on @artblocks_io 3 years ago.
Enjoy the video, a 4 minutes journey in Voyager world.
Sound on, and fullscreen advised.
Share and spread.
Voyager is code based.
youtube.com/watch?v=UPp_n5…
@itsdanpearson Beautiful and rare... I do not remember how many have birds in the border... but it is really rare...
Thanks for sharing and to continue to support Algorithmic art... 🤍🖤🤍
Cables and Clouds #89 by @DisruptedStar. What a brilliant generative collection; have always loved the more ominous looking pieces. And peep the little solo bird just flapping about in the border. 🌧️🐦⬛
Interesting statistics.
Got 120 views on my Voyager video... but the average viewing time is 12s... and only 5-6 people have seen it entirely...
I warmly thank those who made it... 🤍🖤🤍🖤🤍
Bye.
@artblocks_io If you like it, do not hesitate to write your own post with it and make some promotion.
It is truelly a unique collection, not only on ArtBlocks but anywhere. And I do not speak about infinite exploration, very high resolution for prints, etc...
@lammetje_nl Nice! It actually resembles micro-pore optics inspired by lobster-eye geometry—one of the few optical systems based on reflection rather than refraction. This concept is now used in astrophysics, for example in the Wide-field X-ray Telescope (WXT) aboard the Einstein Probe...
Last night @sfirr0 added a fifth Voyager (#107) to its beautiful collection... 🤍🖤🤍
Part of @artblocks_io 500, Voyager is unique in many ways...
Thank you for choosing (real) Algorithmic Art (A&A) !
PS : preparing a little something for the drop anniversary (17th april)
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Showed at Art Basel Miami, Sotheby's, Christie's.
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