News and Analytics

ASYNC ART ANNOUNCES ITS PLAN TO CEASE OPERATIONS
0

ASYNC ART ANNOUNCES ITS PLAN TO CEASE OPERATIONS

Oct 24, 2023

In the rapidly changing world of blockchain, Async Art has stood out as a prominent player. Since its inception in 2020, it swiftly became a magnet for trailblazing artists and musicians, serving as a unique canvas for artistic endeavors.

What set Async Art apart was its revolutionary take on digital artistry. It granted artists the freedom to design multi-faceted, ever-changing artworks that could morph over periods or be directed by the collectors themselves. Such an immersive feature distinguished Async Art from its contemporaries in the realm of blockchain art.

Among the pivotal innovations brought forth by Async Art to the Web3 realm was the Blueprint system. This ingenious utility allowed artists to craft generative NFTs without delving into code. As a testament to its potential, masterpieces like XCOPY’s “Grifters” and Osinachi's “Across the Face” were born.

These endeavors underscored the transformative power of the Blueprint framework, hinting at the promising trajectory of digital artistry. However, like many pioneers, Async Art encountered its fair share of hurdles. The explosive growth of the NFT domain in a concise timeframe has recalibrated the industry's driving forces.

ASYNC ART ANNOUNCES ITS PLAN TO CEASE OPERATIONS - news

As expressed by Async Art's CEO, Conlan Rios, on Twitter, the path was filled with obstacles. Transitioning from a role as an art aficionado and community champion to the helm of a technical platform introduced a slew of fresh challenges and duties, not all of which shone in the limelight.

“Go where you’re celebrated, not tolerated.” This has been a tough one, but the @AsyncArt team and I have made the hard decision to begin winding down operations.

After thorough reflection, Async Art proclaimed on Oct. 23 that they would gradually cease operations in the forthcoming months. This declaration signified the close of a chapter for the blockchain art world, yet the team remained optimistic about the enduring vitality of dynamic and generative art.

In the wake of this announcement, a prevalent concern emerged about the fate of existing NFTs. Thankfully, Async Art had foreseen this and prepared accordingly. All Async NFTs are anchored securely on IPFS and will persist on-chain. However, by the culmination of 2023, the Async Market will discontinue supporting transactions, and from Oct. 23 onwards, Async Art will no longer entertain new entries.

Even amidst the forthcoming shutdown, Rios emphasized that the squad's utmost priority was to "uphold the artistry birthed from [the] platform and facilitate [the] existing team members in navigating towards new avenues to chase their web3 aspirations.”

The crypto art realm will surely sense the void left by Async Art. However, in the words of wisdom, "With every ending comes a fresh start." As we offer our adieus to Async Art, we await the unfolding chapters of digital artistry and NFTs with bated breath and fervor.

Comments

Latest analytics

Tranglo's Impact...

Tranglo's Impact on the Use of Cryptocurrencies in Cross-Border...

Roman Storm and...

Roman Storm and his contribution to Tornado Cash development

Show more

Latest Dapp Articles

Show more

You may also like