He Keeps Art NFTs Hot in Crypto Winter

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.tylerxhobbs raised $17 million in September 2022 before his QQL collection was even minted, a highlight amid the NFT market downturn. MostInfluential2022, presented by bitstamp:

the collection currently has a 111 ETH trading volume, or $135,138, with a floor price of 15 ETH, or $18,262.

QQL wasn’t Hobbs’ first large success with generative art NFTs. In October 2021, he released Fidenza, a generative art collection, which,, has amassed a 54,253 ETH, or $66,050,857, in trading volume and has a current floor price of 95 ETH, or $115,659. Of course, that was when NFTs were the hottest thing in crypto and the art market in general. What makes Hobbs’ work exciting is that despite the NFT market slump since the beginning of 2022, buyers are still flocking to his work. In September,“Projects like Fidenza and QQL are really new works that couldn't have happened prior to the blockchain and prior to NFTs,” Hobbs told CoinDesk.

While Hobbs released Fidenza during the NFT hype of 2021 and QQL in the chilling crypto winter of 2022, both collections’ performance data illustrates how his generative art transcends market conditions, and may continue to set the pace in the future.

 

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