NFTs
8 min read

What are Intelligent NFTs (iNFTs)?

Published on
Mar 3, 2023
Disclaimer
This article is for general information purposes only and isn’t intended to be financial advice.
Phoenix Baker
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The world of non-fungible tokens (NFTs) has been evolving rapidly, and a new type of NFTs have emerged called Intelligent Non-Fungible Tokens (iNFTs). These tokens are embedded with interactive, intelligently generative capabilities and may even have human-level intelligence in the future. In this article, we will explore the concept of iNFTs and how they work.

What are iNFTs?

iNFTs are a type of NFT that is created using artificial intelligence (AI) technology.

They are embedded with pre-defined or evolving prompts in GPT-3, a state-of-the-art transformer language model. These prompts are stored as part of the token's immutable smart contract and allow for interactive conversations with people. This enables generative possibilities through recent breakthroughs in few-shot and single-shot learning.

Characteristics of iNFTs

iNFTs have several key characteristics that set them apart from other types of NFTs. These include:

Embedded Intelligence

iNFTs are embedded with a GPT-X prompt as part of their immutable architecture, creating generative possibilities in interactive conversation.

Self-Learning

iNFTs accrue knowledge over time and can unlock new forms of intelligence available to the owner, creator, and eventually, the network.

Permissionless

iNFTs are universally usable and censorship-resistant.

Metaverse Agnostic

iNFTs are open and available to the internet and integrative with multiple platforms.

Valuable and Fractionable

iNFTs accrue value, which is accessible to the owner, creator, and their communities through fractional ownership.

Token-Based

iNFTs are built on Ethereum-based ERC 721 or ERC-1155 NFT standards.

Applications of iNFTs

iNFTs have a wide range of potential applications, including:

Digital Art: iNFTs can be used to create interactive and generative digital art that responds to the viewer's input.

Gaming: iNFTs can be used in gaming to create intelligent and interactive characters that respond to the player's actions.

Education: iNFTs can be used to create interactive educational content that adapts to the learner's needs.

Virtual Assistants: iNFTs can be used as virtual assistants that can have interactive conversations with people.

Conclusion

iNFTs are an exciting new development in the world of NFTs. They offer a range of possibilities for creating intelligent and interactive digital content, and their value can accrue over time through fractional ownership. As AI technology continues to advance, we can expect iNFTs to become even more sophisticated and capable of human-level intelligence.

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