WISe.ART allows artists to showcase their NFT collection of art created by artificial intelligence algorithms

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GENEVA / Zug – March 7, 2023: WISeKey International Holding Ltd. (“WISeKey”) (SIX: WIHN, NASDAQ: WKEY), leading global cybersecurity, AI, Blockchain and IoT company today announces that WISe.ART is launching a special NFT collection of art created by artificial intelligence algorithms. WISe.Art NFTs, or non-fungible tokens, are unique digital assets that represent ownership of a specific work of art. These tokens can be bought and sold like any other cryptocurrency, but they have the added benefit of verifying the ownership and authenticity of a particular piece of art.

While art can be subjective, these new AI-generated artworks can challenge what most people consider to be traditional art. Artists will be able to use this new tool to create art we can’t imagine, there are no limits to their creativity as AI opens up a whole new world for them. New types of art will be produced, including techniques such as three D immersive animations, AI will bring exposure to environments inaccessible until now, completely new sensations will emerge from this revolution.

As with all new inventions, there are controversies about art creation with artificial intelligence, but the many possibilities outweigh the critics.

To generate art NFTs using AI, there are several techniques that artists and creators can use on the WISe.ART platform. One of the most popular approaches is to use a Generative Adversarial Network (GAN), which is a type of neural network that can learn to generate new images by studying existing ones.

To create an art NFT using a GAN, the artist first trains the network on a dataset of existing artwork, which can be anything from classic paintings to modern digital art. The GAN then generates new images based on this training data, which can be further refined by the artist until they are satisfied with the result.

Another approach to generating art NFTs using AI is to use style transfer, which is a technique that involves taking the style of one artwork and applying it to another. This can be done using Convolutional Neural Networks (CNN), which is a type of neural network that can learn to extract features from images.

To create an art NFT using style transfer, the artist first selects an existing piece of art as the “style” and a new image as the “content”. The CNN then extracts the features of both images and applies the style of the first image to the second. This can result in unique and visually striking art NFTs that combine the style of one artwork with the content of another.

Overall, using AI to generate art NFTs offers an exciting new way for artists and creators to explore new forms of digital art. By harnessing the power of neural networks and machine learning, artists can create unique and one-of-a-kind art NFTs that are unlike anything else out there.

NFT art has gained immense popularity in recent years and the market for NFT art has grown significantly. NFT art refers to digital artwork that has been verified through blockchain technology, making it unique and valuable.

According to a report by NonFungible.com, the NFT market grew by more than 299% in 2020, with over $250 million in sales. This growth is expected to continue in the coming years, with more artists and collectors joining the market.

Several factors are driving the growth of the NFT art market, including the growing interest in digital art and the growing acceptance of blockchain technology. Also, NFTs provide a way for artists to monetize their work directly, without having to rely on traditional art galleries or auction houses.

However, it is important to note that the NFT art market is still relatively new and evolving, and its long-term success and growth will depend on several factors, such as regulatory frameworks, wider adoption of blockchain technology, and market demand.

In summary, while it is difficult to predict the exact size of the NFT art market, it is likely that it will continue to grow in the coming years, as more artists and collectors join the market, and as blockchain technology becomes more widely accepted.

The jury is still out on whether AI paint will be a replacement or an addition to the space. Currently we offer this unique monetizable AI NFT art platform.

WISe.ART will donate all proceeds from sales made on the platform to OISTE, an NGO that invests in cyber security programs that protect people. Artists will of course be free to donate their earnings while everyone

Terms and conditions

(including royalties to be paid) will be defined in the smart contract. The WISe.ART team suggests that artists upload their new limited editions of 100, at USD 500 each. Creating art every day and uploading collections regularly is essential to keep collectors awake and wanting more.

About WISe.ART

WISe.ART is a full-fledged marketplace. It can connect all players in the art industry. Our white-labeling options and special NFT designs ensure that in addition to an authenticated and signed version of the actual digital asset, creating an irreversible link to the physical object, providing proof of ownership, provenance and a set of smart contracts detailing future use and income generation streams.

The WISe.ART NFT platform is fully secured by WISeKey’s innovative security technologies that enable the authentication of digital assets, in a secure end-to-end process based on our experience and proven expertise in this domain.

About WISeKey

WISeKey (NASDAQ: WKEY; SIX Swiss Exchange: WIHN) is a leading global cybersecurity company currently deploying large-scale digital identity ecosystems for people and objects using Blockchain, AI and IoT with respect for the human as the fulcrum of the Internet. WISeKey microprocessors Ensure the pervasive computing that shapes today’s Internet of Everything. WISeKey IoT has an install base of over 1.6 billion microchips in virtually all IoT sectors (connected cars, smart cities, drones, agricultural sensors, anti-counterfeiting, smart lighting, servers, computers, mobile phones, crypto tokens, etc.). WISeKey is uniquely positioned to be at the edge of the IoT as our semiconductors produce a vast amount of Big Data that, when analyzed with artificial intelligence (AI), can help industrial applications predict the failure of their equipment before it happens.

Our technology is trusted by OISTE/WISeKey’s Swiss cryptographic Root of Trust (“RoT”) providing secure authentication and identification, in both physical and virtual environments, for the Internet of Things, Blockchain and Artificial Intelligence. The WISeKey RoT acts as a common trust anchor to ensure the integrity of online transactions between objects and between objects and people. For more information, visit www.wisekey.com.

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