Fidenza analysis

    Fidenza is NFT project created by Tyler Hobbs using software generated lines of code that never meet through Art Blocks. Fidenza is by far the most versatile algorithm to date of Tyler Hobbs. To quote Tyler "Although the program stays focused on structured curves and blocks, the varieties of scale, organization, texture, and color usage it can employ create a wide array of generative possibilities." It started In October 2021 and has found huge success in the market with Fidenza 313 selling at 1000 ETH and having 9 resale counts with Fidenza #89. Trading in nonfungible tokens hit $17.6 billion in 2021, explaining part of the resale count but there were substantial twitter influencers speaking about #89 that could have influenced the popularity of #89 NFT. -Krish, Zehua, Devina, Yifeng