AI Fungible Token
  • Introduction
    • 📚NFT Market Overview
      • Market Challenges
      • Market Trends
      • The Evolution of NFT Platforms
    • 📑What is AI Fungible Token
  • Why Choose AI Fungible Token
    • 🎨More fun with AI-Powered NFT Creation
      • AI Creation Mechanism
      • AI-NFT: AI Agent Tokenize As An NFT
    • 🔧NFT Solution: All-in-One Platform
    • ⛽FUN Mode: NFT Fair PUMP
      • Common ERC404 Case:
      • Fair PUMP Mode Case:
      • Fair & Transparent Distribution
      • Automated Liquidity Launch
      • Dynamic Pricing
  • EIP-5679 & ERC-40D Token Standard
    • 📓EIP-5679 Overview
    • 🎲ERC-40D Token Standard
      • AI Agent Integration
      • Enhanced Ownership and Utility
      • Batch Minting with AI-Specific Metadata
      • Dynamic Interaction and Evolution
      • Scalability for Large NFT Collections
      • Backward Compatibility with ERC-721
    • 🎥ERC-40D Token Standard in Action
  • Tokenomics
    • 💰Tokenomics
    • 💊Utility of $AIFT
  • Roadmap
    • 🚩Roadmap
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  1. Introduction
  2. NFT Market Overview

Market Challenges

  1. High Entry Costs: Minting NFTs on networks like Ethereum requires gas fees, which can spike unpredictably, making it expensive for creators and collectors alike.

  2. Limited Technical Knowledge: Creating and launching NFTs often requires technical knowledge of blockchain, smart contracts, and various token standards (ERC-721, ERC-1155, etc.). Many artists or content creators, while talented, are not proficient in these areas.

  3. Speculative Nature: The highly speculative nature of NFTs has led to sharp price volatility and, in some cases, rug pulls or scams. Many NFT projects launch without any sustainable underlying value, relying on hype and speculation to drive prices, often leaving average users exposed to significant risks.

  4. Lack of Fair Launch Mechanisms: Many NFT projects launch with pre-allocated tokens to early investors, influencers, or teams, creating an uneven playing field. This has led to a desire for fairer minting methods where all users have equal access.

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Last updated 4 months ago

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