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Artificial Intelligence (AI) has revolutionized the way humans work, interact, and consume content. The use of AI is increasing in pretty much all aspects of life and industries, including the cryptocurrency industry. AI-based cryptos, such as Fetch.ai and SingularityNET, burst onto the crypto scene in early 2023, bringing with them the promise of enhancing various facets of the cryptocurrency landscape.
AI has also displayed its transformative potential in the advent of non-fungible tokens (NFTs). The technology is already being used in the creation of NFT art and music, with startups like Eponym releasing an AI algorithm that converts text into abstract art which is sold on NFT marketplaces.
Alethea AI wants to take the merger of AI and NFTs a step further by creating an entirely new class of intelligent assets, imbued with AI personality traits, which can grow and evolve based on the data they consume. In this guide, we’re going to take a look at what Alethea AI is doing, how it works, and whether it’s a good investment.
Key Takeaways:
Alethea AI is pioneering a new class of assets called intelligent non-fungible tokens (iNFTs) that merge AI and NFT technology. These iNFTs possess evolving personalities and capabilities, offering dynamic and interactive digital assets that go beyond traditional NFTs.
iNFTs are created by fusing an NFT with an ERC-721 asset called an Intelligence Pod, and can power DApps within the Alethea AI ecosystem.
The Intelligence Level of an iNFT can be raised with the use of Alethea AI’s native token, ALI. The higher the level of intelligence, the more AI services the iNFT can provide.