2021
Visit Project →The Perfect NFT
Designed and launched a 100% on-chain blockchain art performance featuring a novel self-perpetuating auction mechanism with programmatically generated owner fingerprints, generating ~$100K from royalties alone.
The Challenge
After unsigned_algorithms explored what an NFT could be as a static artifact, the next question was whether an NFT could be a living, evolving performance: one that changes with each transaction and whose auction mechanism is part of the art itself.
The Approach
Designed a novel self-perpetuating auction mechanism where the NFT continuously re-lists itself, creating an ongoing performance. Each owner receives a programmatically generated fingerprint embedded in the NFT, making the provenance chain part of the artwork. Launched as a free mint with revenue generated purely through royalties on secondary sales.
The Results
Generated approximately $100K USD purely from royalties, with no initial mint revenue. Demonstrated a novel economic model for digital art where value accrues through ongoing participation rather than upfront sales.