The Billion Dollar Donut

Bly is an art movement — a counterculture to the traditional art market that gatekeeps value for the insider elites and wealthy collectors. It satirizes against the whole ecosystem of high art in modern society. It re-contextualizes the low-res, spinning ASCII donut created in 2006 by Andy Sloane, a program called ‘donut.c’, and re-masters it as an evolving, real-time performance art.

It is the first art cryptocurrency that rallies all holders as co-artists to jointly contribute to an evolving piece of artwork — with the singular aim of flipping the art market in market cap.

Bly is also a data-driven project. It changes form based on live on-chain data. Beginning with the classic ASCII, the artwork mutates dynamically as the holder count, market cap, and other metrics grow. For every 1,000 new holders, Bly visually transforms — becoming more symbolic of the absurdist, memetic culture it represents.

Below are the first 10 visual stages of Bly, tracking its evolution from 0 to 10,000 holders. Beyond this number, the community takes over: anyone can submit their own character sets(building units of the donut intead of ASCII)for future visual upgrades by tagging @pettifunct on X.

<1000 holders

<2000 holders

<3000 holders

<4000 holders

<5000 holders

<6000 holders

<7000 holders

<8000 holders

<9000 holders

<10000 holders