We look into the future: artificial intelligence (AI) NFTs

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Artificial Intelligence (AI) non-fungible tokens can be created by incorporating a pre-trained Generative Transformer 3 (GPT-3) into their smart contracts.

Unlike regular digital assets, thanks to their self-learning capabilities, AI NFTs can create new content and integrate dynamic experiences into their smart contracts.

In addition to helping redefine the way we think about digital assets, AI NFTs can help create a more meaningful way for us to interact with tokenized items.  

What happens when we combine NFTs with another technology that is evolving in leaps and bounds such as artificial intelligence (AI)? Keep reading to find out!



NFTs are digital items stored on a blockchain that contain metadata and unique identifiers that allow them to be distinguished from any other digital asset . They are used to prove ownership and authenticity of both digital and real-world objects. Since their meteoric rise to popularity in 2020, NFTs have revolutionized one industry after another. Huge advances in the field of artificial intelligence (AI) are now opening the doors for this technology to extend into the realm of the Web3. We present to you one of the first fruits of this synergy: AI NFTs.   

What is an AI NFT?
Artificial intelligence (AI) is broadly understood as the ability of a computer to simulate human intelligence and perform sophisticated tasks, such as decision-making, problem-solving, and learning. This and other adjacent technologies have experienced exponential growth in the last decade, becoming intertwined with many aspects of our daily lives. While the art of AI-generated NFTs has become one of the main categories of the NFT market, some project teams have gone further and started incorporating AI models into NFTs.   

An AI NFT design is a tokenized Ecuador Mobile Number List asset with a pre-trained Generative Transformative 3 (GPT-3) AI model encoded into its smart contract . A GPT-3 is a language model based on deep learning and used to produce human-like text. In addition to being able to interact with people through user input, AI NFTs can include other properties, such as animation, making them more dynamic compared to more "traditional" NFTs that are usually in the form of image or sound file.

How are AI NFTs different from regular ones?
As we briefly mentioned before, NFTs are unique, indivisible, immutable, and digitally scarce. They can also act as proof of ownership of the underlying asset, so its authenticity and provenance can be easily verified at all times.

However, today the vast majority of popular NFTs are static images that cannot evolve or interact with the user. For example, CryptoPunks is a very popular NFT collection, but the ways in which you can interact with these digital collectibles are limited.  

AI NFTs, on the other hand, can create new content on their own and produce dynamic experiences thanks to their learning abilities. The more these digital assets are exposed to a specific user or environment, the more data they can extract and generate.

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Advantages of combining AI with NFTs
1. Greater interactivity
AI NFTs can leverage deep learning methods such as computer vision, speech recognition, and natural language processing to make your tokenized asset more dynamic and interactive.

Content creators or project teams can program an AI NFT to respond to certain commands or generate new designs based on user input, allowing the output of the tokenized asset to remain constantly evolving. This opens up a unique experience for users, offering them more meaningful ways to interact with their NFT.

2. Redefinition of digital art
While the usefulness of NFTs can manifest itself in numerous sectors, digital art remains one of its most popular uses. NFT technology has revolutionized the way we create and collect digital art, allowing us to own and trade with them much like physical art.  
               


In the generative art space, AI models study a vast database of human-created art and learn how to create original art. This skill is especially useful for creators or project teams who want to issue large sets of NFT collections, but prefer to avoid the hassle of creating each piece by hand.

Taking generative AI art to the next level, AI NFTs are adaptable, intelligent, dynamic, and updatable. Imagine an NFT that can learn by talking to you and reacting to your moods, creating increasingly complex results.

3. Broader ecosystems
Combining AI with blockchain technology allows us to permanently update the underlying technological structures. In addition to offering users more ways to interact with their NFTs, AI technology can also provide a more intuitive and adaptive approach to managing an NFT marketplace . The ability to automatically adjust prices, listings, spot market trends, and quickly modify other parameters can help improve the NFT browsing experience.  

Conclusion
Although AI NFTs are relatively new, the combination of AI and non-fungible assets has the potential to unlock new experiences for creators and collectors alike. We're just beginning to glimpse some of the ways AI and NFTs can combine to work synergistically. The current growth of AI NFTs in the Web3 world suggests that it will continue to provide more exciting opportunities in fields beyond the art space.