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DAO4ART to enable a trillion dollar AIGC+NFT market
In 2023, AI technology is everywhere. From content creation to design and programming, the AIGC market is expanding at the speed of light. Despite its popularity, the niche was surprisingly difficult to monetize—until now.
With platforms like DAO4ART, people like you and me can now reap the economic benefits of AI technology and stay on trend. Let’s find out how!
Why is the AIGC market so valuable?
By 2022, the AIGC market was valued at $136 billion – and it was for The ChatGPT trend. Statistically, this market will have an annual growth rate of 37.3% by 2030. With so many tools and creators already in the market, we can only imagine the future expansion and how AI technology will be integrated into every business model.
Midjourney is a prime example of a successful AI company. This independent lab opened beta testing in July 2022. Today, millions of users use their bots to generate visual artwork based on questions. The main competitor developed by OpenAI, DALL-E, also has more than one million active users. Similarly, AI content platform Jasper raised over $125 million last year alone at a $1.5 billions valuation.
Unfortunately, however, most users lack the means to monetize the incredible results generated by AI tools. Although this market has great potential, its actual use with economic gains has been unexplored.
How does the AIGC affect the NFT market?
Currently, NFT investors and creators are recovering from the bear market of 2022. According to recent statistics, there have been over 101 million NFT transactions in 2022 – more than double the numbers reported in 2021. The NFTs which was traded in 2022, however, had a much lower value than the previous year, hence the market collapse.
Looking closely at this year’s NFT projects, investors can also see that there is little innovation – one that AI technology can offer. From artists to DAOs and even game developers, digital creators can integrate AI technology into every aspect of their web3 projects.
However, most of them lack the resources or knowledge to monetize their AIGC digital products. Whether it’s royalties or copyright issues, creators have faced roadblocks at every step.
That’s when DAO4ART steps in.
How is DAO4ART innovating the growing niche?
Essentially, DAO4ART is the bridge between the AIGC and NFT markets. This decentralized autonomous organization facilitates DAO-based production and collaboration through innovative solutions. One of them, for example, is royalty tokenization, which helps NFT creators monetize their works – including AI-generated content.
To further support this new niche, DAO4ART also launched a 100 x 100 series of AI-generated content by community members. Their CryptoJogger drops also present AIGC creations. These launches are already available on secondary NFT marketplaces and are generating revenue for their creators.
If you want to learn more about this revolutionary system, check out the DAO4ART platform. In addition, their Twitter and Discord communities offer the latest insights into AIGC and NFT innovation!
