The first intelligent Non-Fungible Token (iNFT) of the world, an AI virtual being named Alice, was auctioned off by Sotheby’s for $478,000. Created by AI startup Alethea AI and artist Robert Alice, the virtual being is based on GPT-3, a natural language processing model developed by OpenAI. Alice can partake in conversations and can ask and respond to questions. Her appearance is based on generic stock CGI (Computer-Generated Imagery) models.

NFT 101: NFTs refer to digital tokens tied to assets that can be bought, sold, traded, and verified on the blockchain. They cannot be copied or exchanged. Their unique nature prevents them from being exchanged with another token of their own kind. Collectors use digital marketplaces to purchase artworks tied to NFTs. are purchased in the digital marketplaces. On March 11, 2021, an NFT (non-fungible token) created by the digital artist Beeple was sold at Christie’s for $69 million. It was the third-highest price for an artwork by a living artist and the most expensive NFT ever sold at auction.

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