NFT Platform Zora Expands to AI Market, Adds Profit-Generator System for Model Makers

NFT-based social network platform, Zora, has expanded to the AI market and launched a new feature that allows creators to use AI to post a transaction on the blockchain.

Zora co-founder Dee Goens stated that AI and crypto work well together since both can benefit from each other.

Zora Allows AI-Generated Images for Minting

With Zora's recent policy, creators are now allowed to use AI models to generate an image and mint it afterward. In NFT, minting means recording a digital creation on the platform.

"We're really excited to usher in an era where model creators, not just the creators of the output, but the model makers themselves, also have a way to reap the rewards of creativity that they're helping to produce," Gowns shared.

Moreover, Goenz explained that the payout will be automatically split in half. The first is for the people who mint the creation and the other half is for the AI creator themselves. According to the co-founder, there is a huge demand from the NFT creator side for AI integration and support in the field.

Zora Thinks AI Needs Blockchains to Boost its Function

Goens also believes that AI needs blockchains to strengthen its verification and authentication skills. On the contrary, he stated that crypto could still survive without AI in its current trajectory.

AI models require more information to train for it to continuously improve. Meanwhile, crypto needs information on-chain to expand its ecosystem.

"I'm excited to see the models on-chain and see more open-sourcing of these models so that we can all have the opportunity to investigate and inspect them in a way where we can make an informed decision," he added.