NFT Review 15: Artificial Intelligence in the Metaverse

Philippine Goverment to tax Axie Infinity users, Vogue catwalks into the metaverse, Budweiser pays $100,000 for beer.eth, and more.

NFT Review is a weekly newsletter covering NFTs in the Web3 ecosystem on Polkadot’s side of the woods. The newsletter is put together by Bruno Škvorc and gbaci.

For a more general overview of the Web3 ecosystem, consider subscribing to Dot Leap.

Looking for a primer on NFTs? This should be the last introduction you’ll ever need.

Dear NFT enthusiast,

Last week at RMRK, we talked about advances in AI and how it could spell the end of humanity. The primary argument was that if we succeed in creating a truly autonomous consciousness with abilities exceeding ours in most key functions, we couldn’t possibly predict what this new being will be like. For example, what its value system (moral compass) would be? 

This is why our curiosity was piqued by the news that AI firm Alethea AI, which created the world’s first “intelligent NFT,” just secured $16 million in funding to create a metaverse populated by its bots. Imagine that! A metaverse that is populated with artificially intelligent NFTs that interact with humans and adapt their responses based on the situation and person.

Although this is seen as an investment for commercial profit, this also presents a framework for scientific research into AI-human interactions. While this is interesting, the far more intriguing idea to us was being able to study AI-AI interactions away from human interference.

Imagine there was a metaverse filled with ONLY AI-NFTs. If you have seen Westworld, then this will not be unfamiliar to you. Now imagine that the events of this metaverse were turned into a Reality TV show. We bet heavily that the ratings will go through the roof. Of course, this all depends on what the AIs are doing. 

The kernel of this thought-dance is a deeply fascinating realization that we can push the limits of what the new ideas being birthed by the blockchain industry (NFTs, Metaverses, DeFi, etc.) can do for the world at large. We know there are limitless possibilities and so we look forward to the future we build.

Thank you for reading and have a great week.

— NFT Review

👨🏼‍🎨  RMRK Artist Spotlight: Ahmedov and His Kusama Skulls

On this episode of RAS, we caught up with Ahmedov, the creator of Kusama Skulls, a collection of 31 skulls grouped into 3 rarity levels--Bronze, Silver, and Gold. The collection sold out and some pieces are now being relisted, with the highest listing price at 10 KSM (~$3,000 as of this writing.)

We spoke about his journey into NFTs, his favorite project, where he finds inspiration, and more. Read the interview below.

Read the interview

📬 NFT News from Kusama & Polkadot

  • RMRK release Kanaria birds to great fanfare from the Kanaria community.

🗞 NFT News from Ethereum and Beyond

  • ​​The government of the Philippines announced that it’s looking at taxing play-to-earn games and Axie Infinity in particular.

    Sky Mavis, the company that develops Axie, has since made a statement.

  • Yield Guild Games announced the Yield Guild Open, a 64-team Axie Infinity tournament event offering ~$35,000 in prizes.

  • Three of the NFT ecosystem’s highest 7-day sales on the week came from Tyler Hobbs’s Fidenzas, namely Fidenza #313, Fidenza #772, and Fidenza #529.

That’s all for this week, see you in the next edition! Got some links to share with us, artists to feature, NFTs to sell, jobs to promote, or events to popularize? Get in touch with Bruno or gbaci!