AI filters possibly made NFT collections obsolete

Source Cryptopolitan

Breakthroughs in AI rendering may have contributed to making NFT collections obsolete. AI’s ability to impose any art style on images means collections are no longer a scarce commodity. 

NFTs were already fighting for survival before they were dealt another blow after AI grew its capabilities of image rendering into multiple styles. Previously, collections relied on the scarcity of their style and a complex system of traits and characteristics to justify their high valuations.

NFT collections must now adapt to the new wave of image creation to have any chance at relevance. 

AI filters can now render and extend collections to infinite custom images, which can even be re-minted as new NFTs if needed. The appeal of NFT-style avatars as belonging to a community may even be under threat. 

Influencers are already noticing AI’s abilities in producing new avatars. The ability to copy the style of NFT collections can either kill them or give them a new path to recovering their popularity. 

In the past years, NFT collections have used some forms of automated generation or AI art. This time, the new filters and styles also enjoy social media popularity. 

The launch of AI filters rendering multiple styles has already given a boost to meme tokens. A new wave of launches for remastered old memes created a wave of Pump.fun tokens. For the NFT space, the ability to create limitless images and extend collections may bring down value even further. 

NFTs have one possible saving grace – the presence of true believer communities, as well as preferential access and airdrops. NFT artists and creators, however, may see themselves displaced by AI. Previously, NFT artists were tasked with creating the images for all trait variations in the same style for a fixed number of items. 

NFT collections remaster their art

The addition of Studio Ghibli style to ChatGPT led to an explosion of images remastered in that style. 

Collections are now relaunching in that style, as in the case of Ghiblady Maker, generated off the Milady Maker collection. The collection had an asking price of over $10K for its top NFT on OpenSea.

Milady Maker retained a floor price of 3.24 ETH, and has not benefitted from the growing attention. The Milady collection got a recent boost after the Ethereum community used the NFT as their avatars. Despite this, the floor price has fallen by 60% recently, as the community lost its attraction.

The Milady Maker collection retains a relatively high floor price, becoming one of the collections to be remastered in the Studio Ghibli style.
The Milady Maker collection retains a relatively high floor price, becoming one of the collections to be remastered in the Studio Ghibli style. | Source: NFT Price Floor

Other collections like Mad Lads are having even more fun with their avatars, by producing a Studio Ghibli version. Mad Lads remains one of the top 10 NFT collections still commanding a high floor price. 

Even Bored Apes got the Studio Ghibli treatment, though just as a test. The new trend has not created many new collections, as demand for NFT remains more limited due to the relatively high floor prices. 

NFTs have slowed down in the past year, with a total valuation of $1.6B. This is lower than some of the leading meme tokens, as the NFT market remains much slower. Despite this, individual NFTs are selling at prices as high as 135 ETH, with one Punk selling for 420 ETH in the past week. Collections also retain their leading positions, with liquidity still seeking out Pudgy Penguins and Crypto Punks. 

There is no mass interest in NFTs as most of the activity comes from insider communities, with additional sales, mini-collections and airdrops. Older collections are often revived with accompanying floor price rallies. The NFT space remains split between low-cost items used for fun, and the remaining blue-chip collections, which strive to retain value.

Cryptopolitan Academy: Tired of market swings? Learn how DeFi can help you build steady passive income. Register Now

Disclaimer: For information purposes only. Past performance is not indicative of future results.
placeholder
Bitcoin ETF Inflows For 2025 Now Outpace 2024, Data ShowsUS Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
Author  Bitcoinist
Jul 16, Wed
US Bitcoin spot exchange-traded funds (ETFs) have seen more inflows this year so far compared to the same point in 2024, according to data.
placeholder
Silver Price Forecast: XAG/USD surges to record high above $56 amid bullish momentumSilver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand.
Author  FXStreet
Dec 01, Mon
Silver (XAG/USD) climbs to a fresh all-time high on Friday, buoyed by dovish Federal Reserve expectations alongside strong industrial and investment demand.
placeholder
Crypto Market Outlook: Bitcoin, Ethereum, and XRP Tumble as BoJ Hawkishness Sparks Risk-Off RoutBitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
Author  Mitrade
Dec 01, Mon
Bitcoin slides below $87,000, Ethereum leans on $2,800 support and XRP hovers around $2.00 as December opens with a risk-off tone, leaving BTC eyeing $80,600–$74,508, ETH exposed to $2,111 and XRP to $1.90 unless buyers can turn key levels into a base for a rebound.
placeholder
AUD/USD holds steady below 0.6550 as traders await Australian GDP releaseThe AUD/USD pair trades on a flat note near 0.6540 during the early Asian trading hours on Tuesday. Weaker-than-expected US economic data and rising US interest rate cut expectations in December drag the US Dollar (USD) lower against the Australian Dollar (AUD).
Author  FXStreet
Yesterday 01: 48
The AUD/USD pair trades on a flat note near 0.6540 during the early Asian trading hours on Tuesday. Weaker-than-expected US economic data and rising US interest rate cut expectations in December drag the US Dollar (USD) lower against the Australian Dollar (AUD).
placeholder
Avalanche Coils for a Big Move as Wolfe Wave Pattern TightensAvalanche (AVAX) is trading near $13.06 as a Wolfe Wave pattern and key weekly trendline converge, with BeLaunch eyeing a $11–$8 accumulation zone and drawing parallels to the September 2023 setup — a combination that suggests a major breakout could be approaching once the current coil finally snaps.
Author  Mitrade
20 hours ago
Avalanche (AVAX) is trading near $13.06 as a Wolfe Wave pattern and key weekly trendline converge, with BeLaunch eyeing a $11–$8 accumulation zone and drawing parallels to the September 2023 setup — a combination that suggests a major breakout could be approaching once the current coil finally snaps.
goTop
quote