KEY POINTS
ChainGPT, an AI infrastructure specializing in Web3, has revealed a collaboration with Skale aimed at enhancing cost efficiency and scalability for non-fungible token (NFT) creation through its AI NFT generator.
Skale operates as an Ethereum-compatible blockchain network for decentralized applications (dApps), boasting zero gas fees. Through this partnership, ChainGPT aims to leverage Skale’s features to improve the cost efficiency and scalability of NFT design and AI applications.
The focal point of this collaboration lies in the integration of ChainGPT’s AI NFT Generator with SKALE’s network, enabling users to generate NFTs and mint them directly into the blockchain with no gas fees.
According to reports, since its inception, ChainGPT’s AI NFT Generator has produced over 22 million digital artworks, with thousands now already minted on the Skale network.
This initiative follows ChainGPT’s introduction in March of a $1 million grant program, offering support to startups at the convergence of Web3 and AI, including funding, tools, and resources.
The rise of AI is significantly influencing Web3 applications. Cryptocurrency exchange Binance led the way by introducing an AI-powered NFT generator, initially named Bicasso, later rebranded as “Bixel.”
Following suit, Coinbase launched “Instamint,” enabling users to link their wallets, upload images from their galleries, or generate them using AI, and turn them into NFTs.
Moreover, AI has been integrated into various initiatives. Recently, Mastercard unveiled the second season of its artist accelerator program, featuring exclusive Music Pass NFTs — personalized artworks that users can customize using an AI tool.
Last year, Renault collaborated with Altava to introduce “XPERIENCE MOR3,” a Web3 NFT campaign promoting the XM3 E-Tech Hybrid, offering users AI-generated personalized NFTs aligned with brand values.