Art Blocks, a leading platform in generative digital art, announced it will cap its collection at 500 projects to mark its five-year anniversary. The final five projects, comprising two Curated and three Explorations drops, will complete the “Art Blocks 500” collection. Following this milestone, the platform plans to focus on preserving and elevating the existing works while continuing its Studio and Engine partnerships. This strategic move aims to protect Art Blocks' legacy, restore scarcity in the generative art market, and adapt to a more challenging market environment. The announcement has influenced market activity, with notable pieces such as the Fidenzas experiencing increased movement and valuation, with prices reaching approximately 249 ETH, or around $1 million. Art Blocks is positioning itself to maintain its cultural significance alongside other prominent collections like Punks, Autoglyphs, Meebits, 6529 Memes, and Opensea's Nopepen.