Since NFTs became ubiquitous enough on the global art market to sparkĀ near-instant backlash and controversy, the question still remains whether the Non-Fungible Tokens, sold and exchanged via the Ethereum blockchain, will catch on with the general publicĀ like MP3s once didĀ in the past.
With that said, however, new milestones are being struck with alarming frequency: on Tuesday evening,Ā Sophia the robotĀ will become the first robot to ever auction its own digital NFT artwork via an auction on Nifty Gateway. Sophia was created in 2016 by the Hong Kong-based company Hanson Robotics, and her NFTs were made in collaboration with the artistĀ Andrea Bonaceto.
Bonaceto is also a partner with the blockchain technology investment company Eterna Capital, which should give you an idea of just how much of a boon the NFT explosion is for longtime supporters of blockchain innovations.
Because collectors are free to buy and flip NFTs however they see fit within theĀ non-regulated cryptocurrency spaceĀ itās possible to rack up huge profits in no time at all, as most elegantly demonstrated by Beepleās recent $69,346,250Ā victory at Christieās.
āWe created Sophia herself as a work of art, as well as an AI development platform,ā Dr. David Hanson said in a statement. āHer intelligence is a collective of algorithms and humans working together like a hive.
For this show, Sophia created the art entirely using neural networks and symbolic AI, responding to her perception of Andrea Bonacetoās works, as well as to data from her ālifeā experiences, under guidance from the Sophia teamās designers and programmers.ā
NFT artwork made by Sophia the robot and Andrea Bonaceto.Ā Sophia the Robot
The artwork thatās been produced by this collaboration is certainly intriguing; swirls of paint and disjointed eyes and lips blur together to created a muddled final result.
But with NFTs, it seems like the imagery is entirely besides the point, and that money and novelty are ultimately dictating every innovation thatās to come.
With that said, however, new milestones are being struck with alarming frequency: on Tuesday evening,Ā Sophia the robotĀ will become the first robot to ever auction its own digital NFT artwork via an auction on Nifty Gateway. Sophia was created in 2016 by the Hong Kong-based company Hanson Robotics, and her NFTs were made in collaboration with the artistĀ Andrea Bonaceto.
Bonaceto is also a partner with the blockchain technology investment company Eterna Capital, which should give you an idea of just how much of a boon the NFT explosion is for longtime supporters of blockchain innovations.
Because collectors are free to buy and flip NFTs however they see fit within theĀ non-regulated cryptocurrency spaceĀ itās possible to rack up huge profits in no time at all, as most elegantly demonstrated by Beepleās recent $69,346,250Ā victory at Christieās.
āWe created Sophia herself as a work of art, as well as an AI development platform,ā Dr. David Hanson said in a statement. āHer intelligence is a collective of algorithms and humans working together like a hive.
For this show, Sophia created the art entirely using neural networks and symbolic AI, responding to her perception of Andrea Bonacetoās works, as well as to data from her ālifeā experiences, under guidance from the Sophia teamās designers and programmers.ā
NFT artwork made by Sophia the robot and Andrea Bonaceto.Ā Sophia the Robot
The artwork thatās been produced by this collaboration is certainly intriguing; swirls of paint and disjointed eyes and lips blur together to created a muddled final result.
But with NFTs, it seems like the imagery is entirely besides the point, and that money and novelty are ultimately dictating every innovation thatās to come.
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Francisco Gimeno - BC Analyst Non Fungible Tokens can be anything we decide is it. With the actual fad, everything helps to create that narrative, like Sophia creating this NFT. The digital world will expand sooner than later the scope of what a NFT can be and produced, from Art to anything worthy of it, to potentially become a huge realm, a second place to enjoy life, beyond profits and novelties.