# Protocol Overview

**The $FXH protocol is a powerful foundation** for creating, collecting, and *evolving* generative art in ways that push artistic potential to new levels.

The protocol powers **art coins**: art-driven currencies that unlock a new medium called **open-form generative art**.

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## A new era for generative art

We’ve had long-form. We’ve had short-form.

Now, fxhash introduces **open-form**: a dynamic, evolving, participatory medium where the artwork is shaped in real time—by both artists and collectors.

**This isn’t just a feature. It’s a new medium.**

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### Core actions

→ **MINT** — generate a new edition

→ **RE-ROLL** — burn and mint again

→ **LOCK** — freezing an edition locks in traits + turns it into a seed

→ **EVOLVE** — generate new editions from a locked seed
{% endhint %}

### Seed evolution explained

Every locked edition becomes a seed—a source from which others can evolve. Evolutions generate mint fees shared across the lineage.

**Great seeds earn**. The better your curation, the more others build on it.

**👇&#x20;*****Try out the*** [***open-form simulator*** ](https://redesign--seedexplorer.netlify.app/)***for yourself to see how it works.***

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## Art-driven Currencies

Each open-form collection runs on an **art coin**—an ERC20 cryptocurrency that can represent a project, a series, or your entire body of work. **Art coins** are *not* memecoins, shitcoins, or content coins.

Unlike other coins, **art coins are intrinsically connected to the artwork at a contract level**. They are meaningful forms of currency for art collections that blur the lines between art, finance, and utility.

Use one art coin across the years, or launch a fresh art coin with each idea. Projects launched with art coins can evolve, their codebases can be updated, and they can stay open indefinitely.

**Art coins are built for how artists actually work.** They enable interaction at scale, unlock new value around your work, and grow with your practice.

### How value flows around the art coin system

Art coins turn interaction into income—for artists, collectors, and traders alike. W**hen your art moves people, it moves coins.**

{% hint style="success" %}
**When people engage**

* **mint fees** go to the artist
* **evolutions** pay fees to the seed lineage
* **locked seeds** burn coins, decreasing supply
* **coin trades** generate fees—shared with the artist
  {% endhint %}

{% hint style="success" %}
**This means**

* **artists** earn from mints, evolutions, and coin trading activity
* **collectors** earn by locking seeds others want to evolve from
* **traders** speculate on art coins tied to active, growing collections
  {% endhint %}

<figure><img src="/files/o0J2zwvt6ZcCEt8EnTnG" alt=""><figcaption></figcaption></figure>

### Why art coins matter for…

– **Collectors:** re-roll, lock, evolve—every choice can shape the art *and move the market*

– **Artists:** release systems, not static drops—and earn from every layer of interaction

– **Traders:** speculate on coins tied to projects with real usage and visibility

– **Everyone:** a market shaped by creative action—not gatekeeping

<figure><img src="/files/ljH3cNos39HRTRuu8sSb" alt=""><figcaption></figcaption></figure>

$FXH has a supply of 1bn tokens—learn more about earning $FXH through our community incentives [here](/fxh/protocol-overview/season-2-token-distribution-and-community-incentive-program.md).

***

<figure><img src="/files/daPhkRFLzqKRpS9OEMZb" alt=""><figcaption></figcaption></figure>

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The structure of art coin sales has been developed with the assistance of legal counsel operating predominantly in the crypto-assets industry, with due care taken to align with applicable regulatory frameworks including the MiCA Regulation.<br>

{% file src="/files/XQ5jgE5lwzh2GCW5jvdr" %}
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