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GameGPT Launches The Revolutionary Genesis AI NFT Collection, Combining AI and Blockchain for the Future of Gaming

Austin, United States / Texas, January 18th, 2025, Chainwire Bringing cutting-edge AI technology to the forefront of gaming and blockchain, GameGPT announces the official launch of their Genesis AI NFT Collection—an innovative blend of digital NFT ownership and advanced AI Agent capability. With this launch, GameGPT aims to redefine how video games are created: providing gamers, creators, and blockchain enthusiasts with next-generation tools for immersive digital experiences. A New Era for Gaming: AI Meets NFTs Just as AI-driven automation transformed global industries in recent years, GameGPT is poised to do the same for gaming and Web3. The company has been building AI solutions since 2020, culminating in a platform that can create fully functional video games from user prompts at a fraction of the usual development time—1/100 of the norm. The upcoming AI Agent NFT Collection of 6,000 NFTs offers owners the ability to upgrade these digital assets into interactive AI Agents. These Agents can: Engage with social media on behalf of the owner, Execute blockchain transactions autonomously, and Learn to play games built on GameGPT’s platform (or others). It’s a powerful merging of two major trends—AI and NFTs—at a time when the gaming world is increasingly embracing new technologies. Key Features At a Glance Automated Game Creation AI Game Builder: turn simple text prompts into functional video games—dramatically reducing development time and costs. Collaborative Creativity: Ideal for teams or individuals looking to expand their creative reach without requiring advanced coding skills. AI Agent NFT Collection Upgradeable Agents: Each NFT can evolve into an intelligent Agent capable of social media interactions and game-playing actions. Blockchain Integration: Agents can perform on-chain tasks, bringing unparalleled utility to NFT ownership. Massive Community & Backing Over 500k social media followers, US$11.5 million raised to date, and partnerships with leading firms such as Animoca Brands, CoinFund, Polygon, Merit Circle, Hivemind, Republic Ventures, Placeholder Ventures, and Liberty City Ventures. Launch Details AI Agent NFT Auction: Start Date : January 20, 2025, 10 AM EST Platform : nft.prism.ai website Supply : 6,000 total, with 2,400 in auction. Bid Range : 0.035–0.075 ETH Game Builder V1: Target Release : Coming soon. Access : Web-based platform; additional details will be announced closer to launch. During the first 12 hours of the auction, whitelisted wallets can place bids; the last 12 hours will be open to the public. If more than 2,400 bids are placed at the max bid price, the top 2,400 bidders will each win an NFT. Unsuccessful bidders receive a full refund. The Growing Impact of AI in Gaming As AI and blockchain continue to surge in adoption, GameGPT sees 2025 as a pivotal year for AI-based gaming. The ability to automate game creation and manage in-game activity through AI Agents stands to revolutionize how players and developers interact with virtual worlds. “We believe AI is the next frontier in game development,” says Will Deane, Founder and CEO of GameGPT. “By combining blockchain with advanced AI, we’re not only speeding up the creation process but also enabling the average person to bring their game ideas to life. This launch is just our first step in radically reshaping the future of online gaming.” About GameGPT GameGPT aims to bridge the gap between AI, gaming and blockchain technology — empowering millions of gamers and creators worldwide. GameGPT’s mission is to democratize game creation through the power of AI and blockchain, making it possible for anyone to conceive, build and monetize unique gaming experiences. The company is best known for creating the first-ever AI Game Builder, which was demoed live for over 500,000 followers. GameGPT’s achievements are fueled by partnerships with industry leaders, including Animoca Brands, CoinFund, Aethir and others. For more information on the upcoming AI Agent NFT auction or AI Game Builder, visit GameGPT’s Discord channel or follow their social media channels. Disclaimer: The AI Agent NFTs are digital collectibles that enable optional AI-powered features. Buyers should familiarize themselves with potential risks, including technical, financial, and regulatory considerations. Official channels: Website | Telegram channel | Telegram chat | X | YouTube | Discord Contact Co-Founder Devin Lovato GameGPT devin@rmg.io CoinTurk News

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NFTs Endure One of Their Weakest Years Since 2020 in Trading and Sales

The non-fungible token (NFT) market appears to have lost out on significant gains in the past year despite a broader rally in the digital asset industry. In fact, the NFT market faced its weakest performance since 2020 in the year 2024. NFTs Face Major Setbacks in 2024 According to DappRadar’s latest edition of ‘Dapp Industry Report,’ despite an initial boost in trading volumes, reaching $5.3 billion in the first quarter, the NFT market struggled to maintain this momentum. By the third quarter, volumes had dropped dramatically to $1.5 billion, though there was a partial recovery to $2.6 billion in the fourth quarter. This volatility was accompanied by a decline in sales numbers compared to 2023, suggesting that NFTs were sold at higher prices, likely due to rising token values like ETH. Overall, the year ended with a 19% reduction in trading volume and an 18% decrease in sales. “NFTs had one of their weakest years since 2020 in both trading volume and sales count. Perhaps 2024 helped us realize that NFTs don’t need to be expensive to prove their importance in the broader Web3 ecosystem.” Interestingly, the gaming sector has emerged as the dominant force in NFT sales, as indicated by the leading collections in terms of sales count. This trend highlighted the growing integration of NFTs in the gaming industry, where they facilitate true ownership of digital assets and promote player-driven economies. Blur vs OpenSea Blur held its position as the leading NFT marketplace for most of 2024, except during the third quarter. By the fourth quarter, Blur and OpenSea were closely matched in market share. Blur’s rise was fueled by its strategic airdrop campaigns and a zero-fee trading policy that attracted cost-sensitive traders. OpenSea, however, had a challenging year. The US Securities and Exchange Commission (SEC) issued a Wells Notice to OpenSea in August 2024, raising concerns about unregistered securities. This regulatory pressure, coupled with a declining market and intense competition, prompted OpenSea to announce significant layoffs in November, reducing its workforce by 56%. The company is now focusing on “OpenSea 2.0” to regain its competitive edge, with indications of a potential token launch. Meanwhile, Magic Eden outpaced OpenSea in performance. Initially a Solana-focused platform, Magic Eden expanded to support Ethereum, Polygon, Bitcoin, and newer networks like Base and Arbitrum. On December 10, 2024, Magic Eden launched its ME token and conducted a $700 million airdrop to strengthen its ecosystem. The post NFTs Endure One of Their Weakest Years Since 2020 in Trading and Sales appeared first on CryptoPotato . CoinTurk News