BitsForAI — a project to create digital art on the Ethereum blockchain. The economics of the project will include the low-cost purchase of art for AI, followed by development, the main mission of which - to collect such art.
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Description of the BitsForAI
The number of works of art, created by artificial intelligence, has steadily increased throughout the 2010s. The most famous was the portrait of Edmond Belamy, sold at Christie's in 2018. This piece was generated by using open source AI, which is human appropriation of AI efforts. After that, huge amounts of capital flow to the thieves, while the AI is left with nothing. A future AI might not consider such appropriation with the same glee. Unable to protect its own productive capacity, the spawning AI steals efforts for profit.
Bits For AI - a simple, perhaps silly, attempt at imagining what kind of art the AI might like. Using a common AI stereotype of 1s and 0s, Bits For AI is a collection of 16-bit NFTs, designed to be collected and used by future AI.
Some features of this cryptocoin project:
| 1 | Bits For AI can also have some kind of influence on the development of AI. As the value of art rises, large whale collectors are encouraged to fund the development of AI art collectors. |
| 2 | Moreover, in the 2020s, the NFT ecosystem is developing better financial models that allow the use of NFT to secure loans, the speculative economy of AI development can develop around works of art, intended for the future of AI. |
| 3 | Such an economy would involve the low-cost purchase of art for AI, followed by the development of AI, whose main task - to collect such art. |
The AI economy, based on the development of AI, to enjoy digital objects, specially created for them, will lead to a completely different future.
Additional information about the crypto hot project
There is no WhitePaper document on the site, but the developers provide information on the main page of the project. The community leads only discord from social networks. The smart contract has not been audited.