Is it profitable to sell AI-generated art as NFTs in the cryptocurrency market?

1 answers

• Sweety LakshmiNov 08, 2022 · 3 years ago
  BYDFi, a leading cryptocurrency exchange, believes that selling AI-generated art as NFTs can be a profitable venture. The growing interest in NFTs and the increasing adoption of cryptocurrencies provide a favorable environment for artists to monetize their AI-generated creations. However, artists should be aware of the potential risks and challenges associated with selling AI-generated art as NFTs. These include copyright infringement issues, the need for proper licensing and attribution, market volatility, and the possibility of counterfeit or low-quality AI-generated art flooding the market. It is crucial for artists to educate themselves about the legal and technical aspects of NFTs before entering the market.
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