Here’s How AI Is Making Dead NFTs Alive Again

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NFTs and AI_optimized (1)
NFTs and AI_optimized (1)

The global non-fungible token market has grown into a multi-million-dollar industry. The NFT market came into the limelight five years ago, attracting businesses, institutions, and individual investors and allowing them to create, buy, and sell digital assets on various blockchain networks, including Polygon, Ethereum, and Solana. The NFT market has also established additional opportunities for NFT creators, artists, and investors alike.

NFTs And AI Intergration

For the past five years, the NFT market has produced many millionaires, including the digital artist ‘Beeple,’ who sold his ‘Everyday: The First 5,000 Days’ NFT collection for nearly $70 million. Unfortunately, many NFT collections have lost floor price values over time, leaving traders hosting blank JPEGS. In this article, we shall explore how Artificial Intelligence (AI) can make dead NFTs alive again.

Earlier this month, the team behind 0n1 Force, a non-fungible token collection featuring a fixed edition of 7,777 generative side-profile characters hosted on the Ethereum network, launched a new standard protocol, “ERC-721 AI.” This protocol combines ERC-721, a renowned non-fungible token standard on the Ethereum blockchain network that defines the rules and interfaces for creating and managing non-interchangeable tokens and AI.

Under the new integration, Starlordy, the CEO of 0N1 Force, and his team anticipate leveraging the new ERC-721 AI protocol to bring their dead JPEGs NFTs back alive. The new protocol will make 0N1 Force NFTs evolve and upgrade automatically. It will also allow 0N1 Force holders to interact with AI-powered apps and agents. The ERC-721 AI will also help the 0N1 Force team to store and process data on and off-chain.

The Future Of AI In NFTs

The new ERC-721 AI is a big thing in the NFT market. Remember Pokémon trading cards? Now imagine AI-powered “living cards” that battle autonomously or evolve based on real-world events. If the new ERC-721 AI protocol gets massive adoption in the future, it might be a game-changer in the global NFT market, which is currently experiencing a short market meltdown.

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