The generative art NFT collection QQL has raised 126,00 ETH or $17 million, in a mint on Wednesday. Additionally, the collection also managed to raise $20 million in transaction volume following the mint. QQL comes by way of Tyler Hobbs, the Fidenza star, who created the collection with Dandelion Wist, co-founder of Archipelago.
About the generative art NFT collection QQL
According to the project’s website, this collaboration represents a new way to mint NFTs. This is because the project allows NFT collectors to act as collaborators via the newly-released QQL algorithm.
Undoubtedly, it is a groundbreaking, on-chain artistic experiment. To kick start the experiment, Tyler Hobbs, together with Dandelion Wist, released the project’s algorithm and distributed 999 mint passes. Each mint pass allows the holder to curate one output from QQL, and immortalise it as one of the 999 QQL NFTs.
“We want collectors to view…