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AI NFT – How AI is Impacting NFT Scene

NFTs will continue to grow , with an increase of 10.16% in 2022. AI NFTs are now dominating the market! AI technology allows anyone to create unique and high-quality artwork. This has caused a lot debate about the impact of AI technology on creativity and authenticity.

AI is changing the way we design. Text or images can be used to create artwork within minutes. What does this mean for NFTs, AI technology and the art and gaming industries?

This guide will teach you everything you need to know about AI and how it impacts NFTs.

AI meets Art – A New Era in Creativity

What are AI NFTs

What are AI NFTs then? AI art is a type of art that is created by artists who use AI algorithms. To do this, artists can train an Artificial Intelligence system (AI), such as a deep neural network, to analyze and interpret data. Then, they can input images, sounds, or writing prompts and work together to create something entirely new. The AI system, the artist and the artist all work together to create the artwork. AI systems sometimes create artwork on their very own. AI art is an area that is rapidly developing. It includes sculptures, movies, music and painting.

AI-generated nanofibres will be the new big thing. AI can be used to create unique artworks and then turned into NFTs. These can be markedly issued, traded, bought, and purchased on the blockchain. The impact of AI is still to be determined. Will it result in oversaturation resulting in a decline in value? Will it attract more investors, or will it lead it to oversaturation? AI raises ethical and legal concerns. Who owns the NFT generated by AI Who owns a NFT generated by AI? The legal treatment for AI-generated NFTs still needs to be defined.

Collaboration with AI

Let’s explore the benefits of partnering with AI. AI is an excellent tool for creating and building collections. AI can be a tool that artists use to create their NFTs. But it also gives non-artists a chance to create art. Text-prompt method allows human artists to create unique designs and patterns. By manipulating photos, they can improve the quality of their work. AI technology can be used to inspire artists and co-create during the entire creative processes.

Some people argue that AI could make art and collections appear less authentic. AI is an important tool for coding NFT collection. AI, unlike humans does not need to rest and can produce accurate, detailed and high-quality work. AI can also be used without interruptions and without allowing for human error. AI can help reduce costs and in many other ways.

Image: Claire Silver

AI Art NFTs

Can AI-created art be sold? Well, yes. Check out some examples of successful collections.

First, the “Botto’ collection was a big success. Six pieces were sold for $1.3m. The collection uses a AI algorithm to reimagine the styles of famous painters such as Van Gogh, Monet and others while keeping the human creative side at its forefront.

Second, the Parisian collective of artists Obvious made headlines when they sold a portrait created using AI to Christie’s for $432,500. The portrait was created using a machine-learning program that was trained with 15,000 artworks dating from the 14th to the 20th centuries. It is called “Portrait de Belamy.”

Claire Silver: Let’s take a look. Silver’s pioneering technique of post-photography has made history in AI art. Her work blurs digital and physical. She has also sold and exhibited her work at Sotheby’s London.

This innovative art approach is captivating for audiences and collectors. It proves that AI can enhance creativity.

 

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