Nfts
ChainGPT and Arbitrum simplify the creation of NFTs using AI
AI and blockchain are the two hottest technologies right now, with new advancements and use cases being seen every day. Tying new technologies to reasonable use cases initially seemed purely academic once generative AI solutions took the world by storm, with Ethereumm Founder Vitalik Buterin pens a thoughtful message blog post earlier this year on the promising synergies between the two.
As we begin to see the evolution of AI-based technologies blockchain solutions through data management, risk mitigation, data-driven investment products, greater transparency and much more, the once lucrative NFT market is another under-the-radar use case.
With the growing popularity of digital art and advanced generative AI models supporting their success, NFTs are also making a comeback after suffering from the crypto bear market. As NFTs have undergone a rebranding, user-friendly tools to accelerate the generation of NFT art are in high demand, opening up exciting new opportunities to showcase a new generation of unique collections.
However, at this time, the Web3 ecosystem does not have the infrastructure to efficiently mint and mint AI-powered NFTs at a scale capable of meeting anticipated demand.
To resolve this problem, StringGPTa benchmark in the field of AI solutions in Web3, has partnered with the leading Ethereum Layer 2 scaling solution Arbitration. Through the recently launched partnership, ChainGPT’s AI NFT Generator has been fully integrated into the Arbitrum ecosystem to enable developers and users to generate NFTs quickly, at scale, and with on-chain minting directly on the Arbitrum blockchain.
ChainGPT’s AI NFT Generator features an easy-to-navigate chat interface that accepts text inputs and is designed to support a wide range of creative ideas without requiring a fixed prompt generator. The goal is to provide users with an easy-to-use tool to help them bring their visions to life.
Ilan Rakhmanov, CEO and founder of ChainGPT, spoke about the partnership and his company’s AI-powered NFT generator:
“Our integration with Arbitrum marks another major milestone for ChainGPT and our AI NFT generator. Our intuitive AI tools expand the capabilities available to NFT creators and enable individuals to participate in an increasingly popular digital art market.
Integrating the AI NFT Generator into Arbitrum gives creators a fast and efficient tool to bring AI-powered digital art to life. By integrating the ChainGPT solution, Arbitrum solidifies itself as a leading ecosystem for NFTs amid their resurgence by streamlining the minting process. The collaboration between ChainGPT and Arbitrum lays the foundation for Web3 developers and users to optimize NFT development.
The partnership highlights the AI NFT Generator’s streamlined appeal to NFT creators while solidifying its emerging status as the preferred platform for minting AI-generated NFTs on-chain. Earlier this year, ChainGPT announced a similar collaboration with Polygon Labs, to streamline the creation of NFTs within the Polygon ecosystem. The AI NFT Generator has already produced over 22 million digital artworks, including several thousand NFTs that have already been created on the Arbitrum network since the integration began.
Rakmanov adds:
“This integration provides many benefits, primarily by combining the scalability of Arbitrum and our advanced AI infrastructure, making NFT creation more accessible to average Web3 users.”