Gucci

Coin

<ul>
 <li>NFT artist Beeple stated that AI doesn’t provide a simple fix for the decline in digital collectibles.</li>
 <li>AI’s integration in art is highlighted in Gucci’s new NFT collection ‘Future frequencies’, exploring generative AI’s role in fashion and art.</li>
 <li>The Bitwise Blue-Chip NFT Collections Index has dropped over 80% in the past 15 months, marking the NFT market’s sharp decline.</li>
</ul>
Beeple, the artist behind the $69 million <a href="https://coinedition.com/tag/nft-news/" rel="noopener noreferrer nofollow">NFT</a> sale which propelled the popularity of NFTs into the mainstream media, has once again made it to the headlines with his hot-take on the collaboration of AI and NFTs.
Earlier today, Bloomberg reported that Michael Winkelmann, famously known as Beeple, said that the intersection of artificial intelligence and NFTs does not offer a simple solution to the decline in the digital collectibles market.
The rise of generative AI and its application in digital art has been the talk of the town in recent months. In fact, Fashion giant Gucci announced its collaboration with auction house Christie’s on a collection of NFT artworks called ‘Future frequencies: Explorations in generative art and fashion’. This marked Gucci’s first foray into generative AI proje…
The post <a rel="noopener noreferrer nofollow" href="https://coinedition.com/beeple-challenges-ai-as-solution-to-digital-collectibles-market-slump/">Beeple Challenges AI As Solution To Digital Collectibles Market Slump</a> appeared first on <a rel="noopener noreferrer nofollow" href="https://coinedition.com">Coin Edition</a>.

Beeple Challenges AI As Solution To Digital Collectibles Market Slump

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Other articles published on Jul 19, 2023

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