Thread by Tim Salikhov
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- Feb 28, 2023
- #DigitalArt #ArtificialIntelligence
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AI art is a $75M category
Up 3X in just 4 months, it has enormous runway for growth.
As the category grows, art by early innovators forging the path today will accrue even more value as collectors rush to own piece of history.
Excited to share with you my biggest research ⬇️
Up 3X in just 4 months, it has enormous runway for growth.
As the category grows, art by early innovators forging the path today will accrue even more value as collectors rush to own piece of history.
Excited to share with you my biggest research ⬇️
AI art on Ethereum blockchain is a $75M category
Fudded and ridiculed for so long, AI art saw the sentiment toward it do a 180-degree turn in the last 12 months.
Over 3,000 collectors spent $20M collecting AI art.
(1/9)
Fudded and ridiculed for so long, AI art saw the sentiment toward it do a 180-degree turn in the last 12 months.
Over 3,000 collectors spent $20M collecting AI art.
(1/9)
Demand for AI art hit inflection point in Oct 2022.
Since then, prices for top-10 collections surged 3X.
Historical collections like @VanArman's Noun GAN Study are bitGANs are up 5X. Day 1 collections on @braindrops_art – up 7X.
(2/9)
Since then, prices for top-10 collections surged 3X.
Historical collections like @VanArman's Noun GAN Study are bitGANs are up 5X. Day 1 collections on @braindrops_art – up 7X.
(2/9)
Art by AI pioneer @videodrome resold for $380,000 (125E).
This is ~100X the original price.
Basic. Experimental. Highly scarce. Enormously significant. Like Autoglyphs.
First artist on @SuperRare, Robbie minted 58 artworks during 2018-20 before leaving Web3 for good.
(3/9)
This is ~100X the original price.
Basic. Experimental. Highly scarce. Enormously significant. Like Autoglyphs.
First artist on @SuperRare, Robbie minted 58 artworks during 2018-20 before leaving Web3 for good.
(3/9)
Pindar is one of most important digital artists of our generation.
🔹Auctioned at @Sothebys
🔹Displayed at @LACMA
🔹8,100E of sales
(incl 5,200E just in Feb)
His early patrons earned 30X return!
Remarkable artist & generous community builder!
(4/9)
🔹Auctioned at @Sothebys
🔹Displayed at @LACMA
🔹8,100E of sales
(incl 5,200E just in Feb)
His early patrons earned 30X return!
Remarkable artist & generous community builder!
(4/9)
Claire is genius artist, engaging storyteller & huge supporter of emerging talent.
She had an incredible year:
🔹Auctioned at @Sothebys
🔹Displayed at @LACMA
🔹3,000E of sales
Her two collections are worth $15M – most valuable body of AI artwork.
(5/9)
She had an incredible year:
🔹Auctioned at @Sothebys
🔹Displayed at @LACMA
🔹3,000E of sales
Her two collections are worth $15M – most valuable body of AI artwork.
(5/9)
Life in West America – watershed moment for AI art.
Like Fidenza captivated everyone – not only GenArt aficionados – by its beauty, @rainisto's series resonated with people regardless of their experience with AI.
It let its beauty speak for itself
(6/9)
Like Fidenza captivated everyone – not only GenArt aficionados – by its beauty, @rainisto's series resonated with people regardless of their experience with AI.
It let its beauty speak for itself
(6/9)
Despite enormous growth over the last 4 months, AI art is still a fraction of generative art.
Top-5 AI collections are valued at $40M vs $640M for top-5 GenArt collections.
That's a 16X difference.
(7/9)
Top-5 AI collections are valued at $40M vs $640M for top-5 GenArt collections.
That's a 16X difference.
(7/9)
Copyright infringement. Threat to artists.
Backlash against AI-generated art is unreasonable.
It's just another tool, albeit powerful. Explore it. Embrace it.
AI can significantly augment creativity & impact that artists can have on art, culture & even broader economy.
(8/9)
Backlash against AI-generated art is unreasonable.
It's just another tool, albeit powerful. Explore it. Embrace it.
AI can significantly augment creativity & impact that artists can have on art, culture & even broader economy.
(8/9)
What’s next for AI art?
Thousands of inter-connected digital worlds built by artists.
Worlds fulfilled by AI, allowing artists to manifest their wildest creative dreams, connect with millions of patrons, and build global brands scale of which we can’t even fathom today.
(9/9)
Thousands of inter-connected digital worlds built by artists.
Worlds fulfilled by AI, allowing artists to manifest their wildest creative dreams, connect with millions of patrons, and build global brands scale of which we can’t even fathom today.
(9/9)
AI art has enormous runway for growth.
Tech companies are investing billions to get a piece of $15T industry (2030 estimates, @PwC).
As the space expands, art by early innovators who are forging the path today will accrue more value as collectors rush to own a piece of history.
Tech companies are investing billions to get a piece of $15T industry (2030 estimates, @PwC).
As the space expands, art by early innovators who are forging the path today will accrue more value as collectors rush to own a piece of history.
AI art has become a $75M market
• $20M of sales in 12 months
• (incl $2M on SupeRare)
• 3X growth since Oct
My most comprehensive research on #AiArt.
I hope you'll learn something new. And please share it with a friend. Your support means a lot 🙏
tsalikhov.substack.com/p/ai-art
• $20M of sales in 12 months
• (incl $2M on SupeRare)
• 3X growth since Oct
My most comprehensive research on #AiArt.
I hope you'll learn something new. And please share it with a friend. Your support means a lot 🙏
tsalikhov.substack.com/p/ai-art
