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ChainGPT and Polygon Labs Alliance Boosts NFT Development, Sets Stage for MATIC Rebound

source-logo  crypto-news-flash.com 27 March 2024 07:45, UTC
  • ChainGPT and Polygon Labs team up to revolutionize NFT creation with AI technology and scalable blockchain integration.
  • Interest in NFTs is surging again as the crypto market stabilizes and innovative solutions emerge.

ChainGPT and Polygon Labs have announced a strategic partnership to streamline and democratize NFT creation by integrating artificial intelligence (AI) technology with a robust blockchain infrastructure. The integration of its AI NFT Generator with the Polygon blockchain has made on-chain minting and seamless AI-powered NFT creation possible.

This partnership leverages Polygon’s efficient framework to streamline the entire NFT creation process from start to finish, addressing the current infrastructure gap in the Web3 ecosystem.

🤖 ChainGPT On-Chain/Off-Chain Statistics

ChainGPT keeps growing at an accelerated pace:

🔸 $CGPT Holders: 47,421
🔸 Web Visits: 3,000,000+
🔸 Staked TVL: $64,036,669
🔸 Total CGPT Burnt: 2,000,000 pic.twitter.com/hpcJvSPhkv

— ChainGPT (@Chain_GPT) March 19, 2024

With the launch of numerous spot Bitcoin ETFs and advancements in generative AI technology, the stage is set for a revival of the NFT sector. A user-friendly chat interface that takes text inputs is the foundation of ChainGPT’s AI NFT Generator. This technology eliminates the need for fixed prompt generators, empowering users to unleash their creativity and bring their artistic visions to life with unparalleled simplicity and efficiency.

The AI NFT Generator has produced over 21 million digital works of art, enabling users to realize their creative ideas effortlessly.

Empowering the NFT Community with Tangible Results

ChainGPT and Polygon Labs partnership is democratizing innovation among the Web3 community, Its an example of contemporary technology coming together. The collaboration is seen to lower entry barriers and enable people to realize their creative ideas quickly by streamlining the AI-powered NFT-generating process through a user-friendly interface.

With over 7,000 NFTs already minted on the Polygon blockchain, the impact is tangible, highlighting the growing influence of generative AI in shaping the future of digital ownership.

Several activities are being planned to celebrate this integration community engagement and showcase the potential of the collaboration. These events include art contests offering rewards in NFTs and tokens, further incentivizing participation and creativity within the NFT community.

Blockchain AI Infrastructure

It is worth noting that ChainGPT offers a comprehensive suite of tools and services designed to empower developers and organizations in the Web3 space. ChainGPT’s ecosystem enables the full range of blockchain-based applications, from advanced AI trading and security extensions to smart contract generation and auditing.

Notably, the ChainGPT Pad stands out for its strategic mentorship and support for innovative Web3 startups, earning recognition for nurturing talent and driving ROI within the ecosystem. As Ilan Rakhmanov, CEO and Founder of ChainGPT, aptly says,

“With its focus on scalability and our advanced AI infrastructure, together, we’ll be able to make NFT creation fun and widely accessible.”

Building on previous reports by Crypto News Flash, ChainGPT announced a grant initiative to foster innovation, boasting of a funding pool of up to $1 million designed to support startups at various stages of development.

crypto-news-flash.com