STEPN Parent Company Releases An AI-Powered NFT Generator

The parent company for the STEPN move-to-earn (M2E) project, Find Satoshi Lab, is planning the release of a non-fungible token (NFT) generator that is powered by artificial intelligence (AI).

STEPN parent company releases an AI-powered NFT generator

The AI-powered NFT generator that will be released by Find Satoshi Lab is known as GNT V3. This tool will play a crucial role in placing creativity within the technological intersections of both Web3 and artificial intelligence.

The GNT V3 tool will be created in partnership with MOOAR, which is a newly-created NFT marketplace by FSL. The GNT V3 project will use the selfies of a user as input to generate AI images that will later be minted on the Solana blockchain.

The co-founder of FSL, Yawn Rong, commented on this launch in a press release saying that GNT V3 has the ability to redefine digital identity within the Web3 industry. Rong has also said that this tool creates a new era for Web3 technology where the integration of blockchain technology will reshape personal expression.

“This is the advent of a new era of Web3 technology, where individuality merges with blockchain technology to redefine personal expression. With GNT, we’re pushing the boundaries of digital self-expression and enabling users to become creators of their own unique digital masterpieces, ready to be showcased and monetized in the vibrant Web3 ecosystem,” Rong said.

Bring AI into the NFT industry

The release of this AI-powered NFT generator tool also came one month after FSL launched GNT V1. The GNT V1 is a tool that allows artists to mint individual NFTs on the MOOAR marketplace. Towards the end of April, FSL also rolled out GNT V2, which featured an upgraded version of its AI model.

The co-founder of FSL, Jerry Huang, also commented on this launch saying that the world had discovered the advantages and disadvantages of adopting AI technology. Huang also said that the company has been working for months to launch a novel feature with the technology. As such, the integration of the AI industry into the NFT space was a step forward toward a key and strategic integration.

In November last year, FSL released the MOOAR project that allowed the users of the STEPN network to access a native marketplace that can be used to trade NFT sneakers that are needed to enhance the gameplay experience.

The project that combines both AI and Web3 offerings will also feature an innovative level and reward system. This system will provide access to exclusive features and support enhanced token accumulation. It will also raise the chances of users winning prizes while also giving incentives to those who trade NFTs using the GME token, leading to the creation of an additional source of liquidity linked to NFTs on MOOAR.

MOOAR is a member-only NFT marketplace and launchpad. The platform comes with a 0% service fee and a tiered Membership structure for traders. The platform also features a default 2% royalty fee on all collections. The project aligns with the objectives and vision of FSL.