NFT Market

The Role of AI in Detecting Fake NFTs: An Overview

Source Node: https://platodata.network/platowire/the-role-of-ai-in-detecting-fake-nfts-an-overview/
Time Stamp: March 31, 2023 1:18 PM - Modified On: March 31, 2023 - Published By:
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Republished By Plato

Non-fungible tokens (NFTs) have become increasingly popular in recent years, with the market for these digital assets growing rapidly. However, with the rise of NFTs has come the issue of fake NFTs, which can be difficult to detect and can lead to significant financial losses for buyers. This is where artificial intelligence (AI) comes in, as it can play a crucial role in detecting fake NFTs and ensuring that buyers are getting what they paid for.So, how does AI help in detecting fake NFTs? One way is through image recognition

The Role of AI in Detecting Fake NFTs: An Informative Overview

Source Node: https://platodata.network/platowire/the-role-of-ai-in-detecting-fake-nfts-an-informative-overview/
Time Stamp: March 31, 2023 1:18 PM - Modified On: March 31, 2023 - Published By:
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Republished By Plato

As the popularity of non-fungible tokens (NFTs) continues to grow, so does the risk of fraud and counterfeit NFTs. With the rise of blockchain technology, it has become easier for artists and creators to sell their digital art as NFTs. However, this has also made it easier for scammers to create fake NFTs and sell them to unsuspecting buyers. This is where artificial intelligence (AI) comes in to play a crucial role in detecting fake NFTs.AI can be used to analyze the metadata of an NFT, such as the creator's

Promin Aerospace, a Ukrainian Startup, Plans to Launch Historical NFTs into Space.

Source Node: https://platodata.network/platowire/promin-aerospace-a-ukrainian-startup-plans-to-launch-historical-nfts-into-space/
Time Stamp: March 23, 2023 1:00 PM - Modified On: March 23, 2023 - Published By:
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Republished By Plato

Promin Aerospace, a Ukrainian startup, has announced its plans to launch historical NFTs (non-fungible tokens) into space. The company aims to create a new market for space memorabilia by offering collectors the opportunity to own digital assets that have actually been to space.NFTs have become increasingly popular in recent years, with digital art and collectibles selling for millions of dollars. These unique digital assets are stored on a blockchain, making them one-of-a-kind and impossible to replicate. Promin Aerospace plans to take this concept to the next level by sending NFTs