Technological advancement coupled with Artificial intelligence (AI) has taken over industries in the 21st century. For example, non-Fungible Tokens (NFTs) have exploded in popularity in recent years as a means of buying, selling, and trading unique digital assets such as artwork, music, and videos. As NFTs continue to gain in popularity, the incorporation of Artificial Intelligence is reshaping the NFT industry. Artificial Intelligence technology enables artists, collectors, and investors to generate, authenticate, and monetize non-fungible tokens in novel ways. The process of creating and validating NFTs becomes more rapid, efficient, and secure with Artificial Intelligence.

On March 1, Binance, the world's largest cryptocurrency exchange, launched the beta version of "Bicasso," the new artificial intelligence service for creating non-fungible tokens (NFTs). According to Binance, users will be able to easily materialize their creative visions by converting them into NFTs through this new AI tool. "Bicasso's advanced AI technology allows you to paint the picture of your dreams with ease. Just enter a description of what you want to see, a'prompt' (only available in English in this version), and watch our Bicasso robot bring your imagination to life in just a few seconds," the release quoted. When a user enters a prompt into the "Bicasso" tool, the AI generates 4 different images based on the English words or sentences entered into the "magic words" section.

In the new world of virtual existence, the first AI-powered NFT collection was launched by XANA. The collection includes 10,000 original avatars with a Japanese anime aesthetic which would serve as a customised AI ally across the metaverse. The NFT collection is inspired by Blade Runner 2049 to cater to the demand of personalised avatars for the metaverse. Other features that the NFT collection carries are full commercial rights and the power of the AI engine, among several other ecosystem privileges. Here comes the reveal of #XANA Genesis Project The first-ever original AI-based #NFTs of XANA.

Scienjoy Holding Corporation a leading live entertainment mobile streaming platform in China, announced that the Company's New York team participated in the largest annual Non-Fungible Token event, NFT.NYC (the "Event") from November 1st to November 4th in New York City. The Event attracted a large number of attendees, including some key players in the NFT industry such as Opensea, Clubrare, Topps NFTs, Christie's, and MoonPay. The Event consisted of various forums and panel discussions addressing the latest developments and future trend in NFT and how AI, AR, and VR technologies evolve to assist the NFT industry to be more collaborative, hence developing a new creative economy. The Event provided Scienjoy a tremendous opportunity to meet the NFT industry experts and cultivate the relationships with industry top-notched platforms and marketplaces, leading to future partnerships. With the technical support of the Company, Herr Gallery, one of the Scienjoy's business partners in New York, successfully dropped NFTs on Rarible on behalf of the two extraordinary artists, Cao Zou and Dazhou Wang, on October 26th and October 28th respectively.