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Sure, you’ve probably heard of NFTs-strange and boring monkeys and some cryptocurrency complaints that are just part of a project that captivates the early NFT world. For those unfamiliar with NFTs, here’s a quick summary. NFT is an irreplaceable token that acts as financial security, often represented by digital artwork that uses blockchain technology to store its own digital data.
NFT ownership is verified on the blockchain, facilitating easy transactions between buyers, traders and sellers. What makes them convenient is that they are unique and do not have the same two NFTs. Anyone can create an NFT, upload it to various marketplaces and start trading. NFTs often contain not only digital data and art, but also actual digital files such as photos, videos, audio, and even smart contracts that define specific rules, benefits, and promotions related to NFTs. ..
However, Ben Kovalis, co-founder and CMO of EpoLabs by ArtAI, didn’t initially consider NFT space when he joined his partner Eyal. “The premise of the project was to build a machine to create an infinite number of works of art using artificial intelligence,” says Ben. Still, Ben understood that an important element of art was its rarity. It is the fact that it is not always possible to mass produce. “So the whole idea came to sell an infinite number of unique pieces online,” and NFT provides him and him with the uniqueness that Ben needs to succeed in his project. The co-founder of the company decided to go that route.
But does the art generated by AI make the art look unreal? Initially, educating the market for AI-made artwork was difficult, according to Ben, because few people knew that such technology existed. By introducing these new technologies, Ben, along with early adopters, broadened the horizons of people to explore new perspectives in art, suggesting that they were slowly embracing AI art works. Even today, it can be difficult to identify art created by humans or computers. People may have their own opinions, like or hate them, but AI art can be a catalyst for conversation. “It’s not the easiest thing to explain to people, but after all, if you don’t know it’s AI, how can you know it’s not artificial?”
About a year ago, after a careful analysis of the market after being finally exposed to NFTs, Ben and his co-founder decided to enter the field. They created a new interface, “Anyone can create their own artwork using text, arbitrary text, favorite book sections, sentences, etc. AI generated based on the created text. You can get the image, “Ben said. Put it down. The team was essentially democratizing access to artistic abilities, but to be honest, many lack it. With the Art AI interface, anyone can create a work of art in any language they like, without any skills.
To run out of the original collection, Eponym, we limited the amount of NFTs to 10,000, and once a word was used to create an NFT, no one else could use it. In addition, the word and its owner have been validated on the blockchain, making the entire process safe and reliable. “That is, there is only one” Elon Musk “, only one” Elon Musk with a crown “, but only one” Elon Musk “,” says Ben. This project was a hit in the NFT space and within a few hours the user created the entire assignment. This is an incredible achievement for the two founders.
So what’s the future of Ben and Art AI? With their success, they are building more collections and leveraging partnerships with major artists and other NFT projects. At the same time, they are still working on their own interface and are developing it further to test new use cases for AI art generation machines.
Ben also hopes that as more people become familiar with NFTs, more space will be opened and more people will start using ArtAI. “At Metaspace, we take pride in the early stages. This is a great opportunity that will never be repeated. If you have a good idea of being innovative, give it a try.”