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Solana’s AI Tools: The Future of NFT Selection

Solana’s AI tools could help pick NFTs.
| CryptoPress
 | Last updated: July 7, 2023
| CryptoPress
Last updated: July 7, 2023

CryptoPress

  • Solana has launched a ChatGPT plug-in to help users interact with its network.
  • The plug-in is geared towards end-users, with a focus on helping them onboard into the web3 space.
  • It can be used to buy and list NFTs, transfer tokens, check out transactions, interpret data and find NFT collections by floor price.
  • Solana is also launching an AI accelerator program and has increased its grant program to $10 million.

Solana, the layer-1 blockchain, has recently launched a ChatGPT plug-in developed by Solana Labs to help users interact with its network. The plug-in is geared towards end-users, with a focus on helping them onboard into the Web3 space. It can be used to buy and list NFTs, transfer tokens, check out transactions, interpret data, and find NFT collections by floor price.

Solana is plugging ChatGPT into an AI that will read data from multiple sources on-chain and disseminate that information to questioning users. For example, users can ask AI questions about NFT collections, which NFTs they can buy with the SOL tokens they have in their account, and so on.

Solana ChatGPT Plug-in

The ChatGPT integration offers a new way for Solana users and developers to ask the AI service questions while making the experience simpler. As opposed to reading an 800-page document on a Solana-based project, the AI does it for you and then can share answers to people’s questions.

In addition to the plug-in, the foundation also announced an AI-focused accelerator program for university-level students in early April and, separately, expanded its grant program for AI-focused projects building on Solana in late April to $10 million today. In less than a month, over 50 applications were submitted for grants, and a few companies have already been awarded grants.

Low fees for NFTs

Solana’s high throughput and low fees make it a perfect fit for NFTs of all shapes and sizes. With an estimated 8.5 million total NFT wallets and 32.0 million NFTs minted on its platform, it’s clear that Solana is making big moves in the NFT space.

With these new developments in AI tools and programs, it’s exciting to see how Solana will continue to shape the future of NFT selection.

© 2024 Cryptopress. For informational purposes only, not offered as advice of any kind.

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