Tokenizing AI assets on the blockchain
Tokenizing AI-generated assets and converting them into NFTs on the blockchain is an increasingly popular process in blockchain technology. Here's a smooth description of the process:
Connect Your Digital Wallet: Before you begin, you'll need to connect your digital wallet to the Merlin chain blockchain of your choice. This step is crucial to ensure you can conduct transactions throughout the process.
Prepare Gas Fees: While tokenizing assets itself doesn't incur fees, completing blockchain transactions requires paying gas fees. Therefore, ensure your wallet holds enough BTC or USDT (depending on the chain you're using) to cover these costs.
Create Smart Contract: Next, you'll create a unique smart contract for the assets or asset collection you wish to tokenize. If tokenizing two or more assets, they'll automatically form a collection, particularly useful for creators looking to release their works as a series.
Provide Necessary Information: During tokenization, you'll need to provide key information, including the asset's name, chosen chain, desired price for the asset, maximum supply, royalties, and asset symbol. This information helps ensure the recognizability and uniqueness of your NFT in the market.
By following these steps, you can efficiently convert your AI-generated assets into NFTs, thereby broadening their accessibility and market value globally. This not only provides creators with a pathway to monetize their creativity but also offers collectors and investors an opportunity to acquire unique digital assets.
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