Invasion Of AI NFTs: Personalized Digital Art On Solana's Blockchain
Benzinga
Published May 31, 2023 16:42
Updated May 31, 2023 18:10
Invasion Of AI NFTs: Personalized Digital Art On Solana's Blockchain
Benzinga - Find Satoshi Lab (FSL), the innovators behind the acclaimed Web3 game, STEPN, is introducing an artificial intelligence (AI) driven non-fungible token (NFT) generator named GNT V3.
This pioneering tool positions creativity at the heart of the technological convergence of AI and Web3.
In partnership with MOOAR, the newly launched NFT marketplace by FSL, GNT V3 utilizes user selfies to produce AI-conceived images that are subsequently minted on the Solana (CRYPTO: SOL) blockchain.
Coindesk quoted FSL's co-founder, Yawn Rong as saying, "We're entering a transformative phase of Web3 technology, where the individual and blockchain technology fuse together to recreate personal expression."
"With GNT, we're exploring the limits of digital self-expression, empowering users to be the architects of their own distinctive digital works of art, all set to be exhibited and capitalized upon within the dynamic Web3 environment."
Also Read: Reserve Bank Of India Seeks To Leverage G-20 Presidency To Propel Global Crypto Regulation Conversation
The previous month witnessed the launch of GNT V1 by FSL, providing artists with the capacity to mint unique NFTs on the MOOAR platform.
By the end of April, the company launched GNT V2, offering significant enhancements to its AI model.
FSL's other co-founder, Jerry Huang, expressed his thoughts on the potential of AI technology in a recent press statement.
"As society uncovers the benefits and drawbacks of AI technology, our team has been dedicated for months to crafting something groundbreaking with this tech," said Huang.
In November, FSL launched MOOAR, furnishing STEPN players with a proprietary marketplace to trade their NFT sneakers - an integral component of the game.
Read Next: Chainalysis Acquires Blockchain Data Company Transpose: Aims To Simplify Web3 Applications Development
Photo: Shutterstock
© 2023 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Read the original article on Benzinga
Get The App
Written By: Benzinga
Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.