A market maker in the NFT field? Matrix AI is using artificial intelligence to make it happen

When people's material base becomes more and more sufficient, the demand for spiritual art begins to heat up.

In today’s technology boom, artificial intelligence is everywhere around us, from Douyin smart recommendation to translation Matching correction, artificial intelligence has become an indispensable part of our daily life, and if one day, more and more artificial intelligence begins to enter the subdivision field, and learn to strengthen and improve, it will eventually replace human production capacity , and eventually everything we perceive may be guided by artificial intelligence.

Unstoppable NFT fever

The bull market phenomenon brought about by the continuous rise of Bitcoin has caused many people to focus on the price fluctuation of Bitcoin, but ignore the rapid growth of NFT data, just as the market heat is always It came very quickly, and everyone felt the arrival of the bull market without advance foresight.

In 2017, a game called "Crypto Kitties" became popular in the encryption field, and one of them The founding cat was sold at a high price of 770,000 yuan, and the early participants made huge profits, so the NFT (homogeneous token) behind it has entered people's field of vision.

The biggest difference from the ordinary encrypted currency FT (homogeneous token) is that each token All have unique identifiers, which means that even if items (assets) circulate in an application or game, they are independent and unique, which will eventually lead to some items (assets) inherently having good scarcity, thus obtaining people's value discovery .

Throughout October 2020, when people focused on Bitcoin’s price fluctuations, the NFT market It has not stopped. Compared with September, the total number of NFT transactions in October increased by 87%, and the scale reached 13 million US dollars. More and more people bought NFT artworks at high prices through value discovery.

For example, on November 7, a block called Axie Infinity Chain game, its in-game NFT pet Angel, was bought by a bidder at a price of 300 ETH (about 130,000 US dollars), which also broke the record for the highest transaction price of the game.

But if we can get these works of art at a low price before the item is auctioned at a high price, will it benefit from the What about value arbitrage? This is really possible today with AI.

When AI enters the field of NFT

In fact, in recent years, many artificial intelligence research teams have applied artificial intelligence technology to the field of art. There are countless works created by robot painters. Many paintings created by AI are sold at a high price. In the field of data transparency of NFT, there are already AI teams conducting research.

The blockchain AI team led by Matrix AI is doing this.

For example, by collecting transaction records of NFT artworks or game platforms, the database will retrieve and process the color of the work , categories, attributes, pixels, etc., and finally continuously strengthen the data model through machine learning, and generate NFT works that may be favored by appreciators based on daily, monthly, and seasonal data sources.

In simple words, just like our building block toys, the building blocks that people love, will be AI collects and records the appearance, and finally uses multiple pieces of information to build building blocks that are also loved by people.

At the same time, this kind of training model can also calculate which works will be favored by people next. Match new works, compare the prices of similar works in history, actively buy new works whose value has not been discovered, carry out secondary sales, and finally complete the arbitrage operation.

Although this process has already started trial operation, it also triggered an interesting Question: Can artificial intelligence really create art? Regarding this problem, on the one hand, AI may not really know what it is doing, and its creation is realized through a large amount of data collection; on the other hand, if AI is allowed to understand what art is, there will be many ethical issues behind it. Questions such as whether it is possible to make AI conscious and self-active.

But in any case, today's technological development level can completely allow AI to act as an NFT market maker, By continuously buying low and selling high, the market-making arbitrage income is obtained, which increases the market's extensive circulation, and can also help creators' works to be valued earlier, allowing the NFT field to gain better market attention.

This article is from a contribution and does not represent the opinion of Rhythm BlockBeats

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