PRESS RELEASE. NFTs have exploded in terms of popularity and usage in 2021, and for good reason. Artists and content creators alike have been able to profit immensely from NFTs, and many traders have also been able to benefit from buying, selling and trading these non-fungible tokens. However, one project in particular is looking to change the way we look at NFTs, and that is Vincent Peter’s ‘Inheritance Art’, provided by Inheritance AI.
What is the issue with the current generation of NFTs?
NFTs are one-of-a-kind digital assets which may be used to demonstrate ownership of various goods or experiences. Since their conception, NFTs have come a long way, but there is still considerable space for development. However, one feature that many people find particularly vexing is the present market’s lack of subtlety and elegance.
Instead of developing wholly new forms of art, a vast majority of NFTs are generated by modern animators who study market trends and attempt to mimic them. This results in an unsustainable market in which investors and purchasers speculate on assets that are often difficult to discern.
Using AI alongside NFTs
The usage of AI (artificial intelligence) technology is not a new concept by any means, as there have been numerous projects and companies actively working with this kind of technology for some time now across a wide variety of fields and industries. However, utilizing AI alongside NFTs in particular is a concept that is still relatively new, and Inheritance AI is thus looking to capitalize.
Put simply, Inheritance Art intends to create holographic recreations of renowned fine artworks, such as those seen in major museums. All of these digital artworks will be approved or commissioned by their respective existing owners, and will be developed
