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Sophia the robot set to auction NFT digital artwork

Cointelegraph | Osato Avan-Nomayo  | Mar 15, 2021

Sophia bot and NFTs - Sophia the robot set to auction NFT digital artworkThe popular humanoid robot will become the first artificially intelligent being to create nonfungible token-based artworks.

The booming nonfungible token space is about to experience another expansion, with the robot Sophia set to auction its own NFT digital artwork.

According to an announcement on Monday, the social humanoid robot will hold an NFT auction via the Nifty Gateway platform on Mar. 23.

Sophia’s NFTs are reportedly based on the works of artist Andrea Bonaceto with IV Gallery, a Los Angeles-based gallery, in charge of curating the collection.

As part of the Mar. 23 auction, multiple artworks from the NFT collection will be showcased on Sophia’s and Bonaceto’s social media channels.

See:  What’s possible with Non Fungible Tokens (NFTs)

Commenting on the creative process behind Sophia’s interpretation of Bonaceto’s art, David Hanson, creator of Sophia, told Cointelegraph:

“We fed Andrea’s works into Sophia's own neural networks, along with many of Sophia's latest paintings. Subsequently, she generated a powerful series of new images, which she then rendered both digitally and as brush strokes, which she painted with her own hands.”

According to Hanson, during the iterative process of developing the artworks, Sophia’s paintings began to develop a “unique personality” that also resonated with Bonaceto’s art.

Sophia’s foray into NFTs also likely represents an expansion of the robot’s grasp of cryptocurrencies. Back in 2019, the humanoid personality declared that it was aware of cryptocurrencies but was not using digital currencies.

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NCFA Jan 2018 resize - Sophia the robot set to auction NFT digital artwork The National Crowdfunding & Fintech Association (NCFA Canada) is a financial innovation ecosystem that provides education, market intelligence, industry stewardship, networking and funding opportunities and services to thousands of community members and works closely with industry, government, partners and affiliates to create a vibrant and innovative fintech and funding industry in Canada. Decentralized and distributed, NCFA is engaged with global stakeholders and helps incubate projects and investment in fintech, alternative finance, crowdfunding, peer-to-peer finance, payments, digital assets and tokens, blockchain, cryptocurrency, regtech, and insurtech sectors. Join Canada's Fintech & Funding Community today FREE! Or become a contributing member and get perks. For more information, please visit: www.ncfacanada.org

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