Autoglyphs is a unique collection of 512 NFTs created by Larva Labs on the Ethereum blockchain in 2019. The Autoglyphs will be created using the NFT ERC-721 smart contract standard. Larva Labs calls them "an experiment in generative art," and they are the first on-chain generative art on the Ethereum blockchain.
The NFT collection was created with a computer software algorithm that generated unique artworks with innovative features upon minting (to create an NFT). Initially, anyone could create Autoglyphs by paying a fee of 0.2 ETH. After 512 NFTs had been minted, the generator shut down and stopped creating new NFTs in the collection. This unique minting process made Autoglyphs scarce and drove up their value.
Understanding Autoglyphs
With the introduction of Autoglyphs, a new realm of on-chain generative art began. The unique pattern of each piece of art is written into the smart contract itself. This is different from other artworks, which typically point to an image file stored in a file system such as IPFS. In the case of Autoglyphs, their method ensures that the artwork will remain on the blockchain in perpetuity. Also, due to the process of creating the artwork, the art cannot be predetermined. Once an NFT is deployed on the blockchain, no developer can control the code that generates the art and influence the visual outcome.
An Autoglyph is both art and an asset on the blockchain, pioneering generative art NFTs. The pieces are highly valuable and supported by a large community of collectors. The current floor price for Autoglyphs is 230 ETH, as seen on the NFT marketplace Opensea.
What Autoglyphs represents in the art world
The project draws inspiration from early pioneers of generative art, such as Michael Noll and Ken Knowlton, while pushing the boundaries of what is possible within the constraints of blockchain technology. Autoglyphs aims to explore the intersection of art, technology, and decentralization, offering collectors a unique and innovative way to own and interact with digital artworks in the digital age.
Autoglyphs represents a paradigm shift from conventional art forms to more creative and unique innovations that embody the essence of digital ownership. While other collections such as CryptoPunks or Bored Ape Yacht Club (BAYC) have enjoyed broad appeal, Autoglyphs may appeal to a narrower audience due to its technical complexity. All proceeds from the initial sale of the Autoglyphs were donated to 350.org, in keeping with the creators' commitment to sustainability. Still, the creators saw value in exploring this niche, drawing parallels to the experimental spirit of early digital art.