Brand Story
24 Mar 2023, 14:43 GMT+10
Blockchain technology, as a distributed ledger technology, is gradually changing people's lifestyle and business model. Among them, NFT is one of the most popular applications in the past 3 years, which provides the uniqueness and irreplaceability of digital assets. However, with the rapid development of artificial intelligence technology especially the emergence of ChatGPT, many picture-based NFTs may lose their original meaning because they are just simple pictures and have no practical use scenarios. Only NFTs with technical background will be meaningful.
In the traditional sense, NFT usually refers to digital artwork or collectibles, such as digital pictures, audio, video, etc. These digital assets are sold and traded on the blockchain through smart contracts, and due to their unique properties, they can achieve the authentication of digital assets and the tamper-evident nature of transaction records. However, with the rapid development of artificial intelligence technology, people can easily use AI technology to generate a large number of similar digital artworks. These generated digital assets may be beautiful and have some artistic value, but they do not have actual use scenarios and values.
In contrast, NFT with technical background has more practical application value. For example, in the game industry, NFT can be used to represent virtual items in the game, such as game props and equipment, so as to realize the construction of a virtual economic system. At the same time, NFT can also be applied to scenarios such as identity authentication and traceability tracking to provide users with more secure and credible services.
In addition, with the development of blockchain technology, NFT is also gradually expanding its application areas. For example, some digital assets with practical use, such as properties and cars, can also be traded and confirmed by means of NFT, providing new possibilities for the digitization of traditional assets. Recently, there is also a ChinesealManac NFT that can divine, and I believe that more practical NFTs will appear one after another, so that the benign development will be more helpful to the whole blockchain. In particular, ChatGPT's addition to the more thoughtful new NFT to become the mainstream of the market.
In short, although the development of artificial intelligence technology has brought some impact on picture-based NFT, NFT with technical background still has a broader application prospect. With the development of blockchain technology, NFT will gradually come out of the category of digital artwork like simple avatar pictures and become an important part of the development of digital economy.
Alice
https://twitter.com/luckydayNFTs
https://opensea.io/collection/chinesealmanac
Get a daily dose of The US News news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to The US News.
More InformationWASHINGTON D.C.: Reuters has reported that on 7th June, former Vice President Mike Pence will enter the race for the ...
PYONGYANG, North Korea: North Korea attempt failed to launch a satellite on May 31, which prompted raid sirens and a ...
HONG KONG, China: Describing the lack of women in China's top leadership as concerning, the United Nations has recommended the ...
BEIJING, China: Amid its rivalry with the US for reaching new milestones in space, reflecting their competition for global influence, ...
WASHINGTON D.C.: A Transportation Security Administration (TSA) report released this week revealed that over the Memorial Day weekend, the start ...
KUALA LUMPUR, Malaysia: Malaysia's maritime agency has said that it found a cannon shell believed to be from World War ...
MENLO PARK, California: Facebook parent company Meta Platforms has said it would remove news content in California if the state ...
BRUSSELS, Belgium: EU tech chief Margrethe Vestager has said that a draft code of conduct on artificial intelligence (AI) could ...
MOSCOW, Russia: After a turbulent 15 months of store closures and declining demand, Russian designers and brands are assisting the ...
WASHINGTON D.C.: The Federal Communications Commission (FCC) has said that more than 8.3 million US homes and businesses do not ...
CHICAGO, Illinois: Driven by an ongoing shortage of properties available on the market, in March US single-family home prices rose ...
MIAMI, Florida: Carnival Cruise Lines has said a cruise ship, the Carnival Sunshine, which sailed through rough seas off the ...