Non-fungible tokens (NFT) are becoming one of the most important trends in the crypto ecosystem. The first generation of NFTs has focused on key properties such as ownership representation, transfer, automation as well as building the core building blocks of the NFT market infrastructure.
The hype in the NFT market makes it relatively hard to distinguish signal versus noise when even the most simplistic form of NFTs are able to capture incredible value. But, as the space evolves, the value proposition of NFTs should go from static images or text to more dynamic and intelligent collectibles. Artificial intelligence (AI) is likely to have an impact in the next wave of NFTs.
We are already seeing manifestations of NFT-AI convergence in the form of generative art. However, the potential is much bigger. Injecting AI capabilities into the lifecycle of NFTs opens the door to forms of intelligent ownership that we haven’t seen before.
Continue reading: https://www.coindesk.com/business/2021/10/25/the-coming-convergence-of-nfts-and-artificial-intelligence/
The hype in the NFT market makes it relatively hard to distinguish signal versus noise when even the most simplistic form of NFTs are able to capture incredible value. But, as the space evolves, the value proposition of NFTs should go from static images or text to more dynamic and intelligent collectibles. Artificial intelligence (AI) is likely to have an impact in the next wave of NFTs.
We are already seeing manifestations of NFT-AI convergence in the form of generative art. However, the potential is much bigger. Injecting AI capabilities into the lifecycle of NFTs opens the door to forms of intelligent ownership that we haven’t seen before.
Continue reading: https://www.coindesk.com/business/2021/10/25/the-coming-convergence-of-nfts-and-artificial-intelligence/
