Is the end of NFT flipping and speculation near? LiveArt announces an NFT membership card
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Daily Hot Token — CryptoGPT (GPT)
Global equities whipsawed at market open as investors worry about liquidity risks facing Credit Suisse. Nonetheless, Swiss National Bank vowed to backstop Credit Suisse’s liquidity, sending the market to pare some early losses. Meanwhile, the broader cryptocurrency retreated after a sharp rebound early this week, with Bitcoin and Ether down by 1.98% and 3.38%, respectively in the past 24 hours as of the time of writing. The hot token today is GPT, which increased by 11.41% in the past 24 hours due to revived AI hype.
GPT is the native token of CryptoGPT, a blockchain protocol aiming to merge blockchain technology with artificial intelligence. CryptoGPT rewards users for supplying AI data and aims to turn itself into a trading platform for AI data. The recent outperformance of GPT comes as ChatGPT 4.0 is newly released by Open AI and the team will expedite the commercialization of ChatGPT 4.0. Nonetheless, there is no direct linkage between ChatGPT and CryptoGPT. The surge of ChatGPT is likely due to investors’ revived interest in AI-themed crypto tokens.
Check Out the Latest Prices, Charts, and Data of GPTUSDT!
Talk of the Town
Art trading platform LiveArt announces an NFT membership card, dubbed LiveArt X Card. LiveArt vowed to end NFT flipping and speculation by the membership card launch. The LiveArt X Card offers holders access to its digital art market, free airdrops, exclusive access to LiveArt's AI-generated artist insights, rewards in the form of their ART token, VIP access to real-world art events, and more. The ART token, the native token of the LiveArt ecosystem, will be adopted as a medium of exchange for both purchases and sales. That said, the ambition to halt NFT speculation may entail rigorous KYC, which is against crypto’s decentralization echos.
Check out what else is buzzing in the crypto scene today:
Unstoppable Domains and Polygon Launch New User-Owned Digital ID. (Link)
Source: Bybit Blog | GPT Surges Following Revived AI Hype; LiveArt Announces NFT Membership Card
