About
Crypto Noncense celebrates the most valuable artworks and NFTs on the blockchain. Each edition of Crypto Noncense showcases the highest NFT sale on Ethereum Proof-of-Work Mainnet for the given month.
The artwork pays homage to the sale by depicting the transaction's hexadecimal hash in vibrant colors, full of pazzazz.
How it works
FIND At the beginning of every month, our team reviews the largest Ethereum-blockchain transactions associated to an NFT in the month just gone. We select the highest one and find its corresponding transaction hash. Finally, we run it through our secret generative algorithm, using the transaction metadata as inputs. This is derivative-generative art.
MINT This process creates a vibrant artwork, which is minted on OpenSea as a semi-fungible token, where the edition size matches the year (e.g. an edition of 21 if the transaction happened in 2021).
FREE The first five copies of every new edition of Crypto Noncense are FREE (though gas fees may apply). Don't miss out!
BUY The copies thereafter will attract a fee, but the earlier ones are cheaper! Every copy can be traded openly on the marketplace after purchase.
Bonus material
ANNUAL NFT At the end of each year, a unique NFT is created incorporating the 12 editions from that year. This token will be minted on OpenSea and sold for a higher price than the monthly editions (offers considered).
SPECIAL EDITION Any collector (unique wallet address) who manages to buy and hold a copy of Crypto Noncense for each month in any given year will be air-dropped a special-edition token to celebrate their achievement. These special tokens will be limited in edition number in the same way that the monthly editions are (e.g. 21 for the year 2021).
There can be multiple editions per month for a variety of reasons. A collector needs to own only one of these to be eligible for the special-edition token.
The Merge
On September 15th 2022, the Ethereum blockchain underwent "The Merge", fundamentally changing the way that transactions operate. In the new Proof-of-Stake system, the "nonce" is no longer needed to verify sales as it was in the old Proof-of-Work way.
Since this nonce plays a key role in Crypto Noncense's secret generative algorithm, our team decided that this was a natural place to rest the project and, in doing so, capping the supply of monthly editions and annual NFTs.
We remain dedicated to creating cutting-edge derivative-generative art, so watch this space for future projects ...
Disclaimer
We make our very best effort to find the highest NFT transaction before minting a new edition of Crypto Noncense. Rarely, however, we may not get it right on the first attempt. In this case, we will re-mint a new edition with the correct inputs. The original token will still exist and be tradable on the open market, but may depreciate in value. The original buyers will have first refusal on the new, corrected token for a limited time.