How To Create NFT Art With an AI Video Generator in 2024

submited by

Style Pass

2024-05-07 14:30:07

The digital art world has been transformed by cryptocurrency and the rise of non-fungible tokens (NFTs). Investors are admittedly on a bit of a roller coaster ride, as the value of major coins like Ether and Bitcoin rises and falls dramatically each year. We've already seen three visible spikes and drops since mid-2020.

Nevertheless, millionaires have been created overnight and many choose to reinvest their earnings in digital assets like NFT art.

Early artists like Pak and Beeple made a fortune minting their own NFTs and marketing them in creative ways. Many others have followed in their footsteps, selling on popular NFT marketplaces like Opensea, Rarible, Nifty Gateway, and Super Rare.

On this same timeline, we've seen generative AI companies like OpenAI and StabilityAI developing visual art models for public use. Apps like Dalle-3, Midjourney, and Stable Diffusion have enabled hundreds of millions of people to create high quality, original artwork quickly.

There's a catch. The near-instant generation of static AI generated images has led to market saturation. It's too easy and too many people are doing it. Individual pictures are the lowest hanging fruit, so crypto art has evolved into more complex formats that call for greater effort. After all, the market tends to value things that are in short supply, and effort is one of the great limiters.