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Alethea AI brings personality to these 3 NFT collections
Alethea AI, a decentralized protocol designed to build an intelligent metaverse, has launched a brand new product called Fusion. This means that other NFT projects can be brought to life through the use of artificial intelligence. The company offers new use cases for the project, which they believe can increase sales volume, community engagement and user-generated content.
Alethea AI’s plan
Often NFTs are criticized as just JPEGs. According to these critics, there are no uses outside of being a static image. Although this is not the case and many projects are building huge roadmaps and working on bigger things, Alethea wants to change this, so that NFT projects can go a step beyond this and become intelligent by transforming regular NFTs into iNFTs (intelligent NFTs) . This is also known as “fusing” these NFTs with a “personality pod” (see above). Users can create custom content and interact with their iNFT in the same way as an avatar.
Supported communities and what they have seen
Initially, Alethea AI partnered with three top NFT environments for their new fusion product. The three projects are Fame Lady Squad, Doge Pound and Pudgy Penguins. They are also looking for more communities to bring forward in the future.
Since the collaboration with Alethea AI, every project has seen an increase. This was discovered by comparing the average price, turnover volume and number of sales. Fame Lady Squad: 1.38x increase, Doge Pound: 1.35x and finally, Pudgy Penguins: 2.17x.
In addition to this, the partner projects have seen what is known as the “Aletha Bump”. This is something that has seen increased community engagement across Discord and other social media platforms for each of the collections.
Holders of NFTs are able to customize an AI personality for their iNFT, create video content, as well as generate AI art based on questions from the holders’ input. In the future, holders will be able to use their iNFTs to complete jobs in the metaverse, in addition to writing text or creating music.
The company’s CEO and founder, Arif Khan, stated: “We created Alethea with the intention of providing increased utility to the NFT space as a whole. We believe there is a powerful future with iNFTs. Who will roam various metaverses producing content, engaging with a Web3 audience. And finally become virtual celebrities and employees who are sought out for their expertise. We have been proud to partner with Fame Lady Squad, The Doge Pound NFT and Pudgy Penguins for the launch of Fusion”.
He added: “Moving forward, we are excited to bring this technology to more holders worldwide. Our innovative technology at the intersection of AI and NFTs deserves to be in the hands of as many creators as possible.”
What is Alethea AI?
Alethea AI goes through the process of building a decentralized iNFT protocol to create an intelligent metaverse. It will be seen with interactive and intelligent NFTs, which they create through their many extensions. Developers can use the Alethea AI protocol to create, train and profit from their iNFTs in the world’s first intelligent metaverse known as Noah’s Ark.
You find them on Twitteror join their community on Discord for more information on what they’re building.
The company consists of over 100 employees. They have investors like Binance, Dapper Labs, Crypto.com, Capital and more. It was founded by Arif Khan. He has been regularly invited to speak at major global events such as the World Economic Forum and the World Web Forum. He has also guest lectured at Singapore Management University’s MBA programme. His work has been featured in Bloomberg, Fast Company and The New York Times.
