Social media has been flooded with AI-generated art and NFT lately. If you are scrolling through Instagram, you will find many art accounts sprawling with paintings and portraits generated by Artificial Intelligence. Imagine selling that art off and earning. Is it possible? We are here to answer that.
Let us get down to business.
Can I Sell AI-Generated Art As NFT?
Selling AI-generated art with non-fungible tokens? Yes, it is possible. Now, you can sell your art with NFTs. As an artist, you can sell your work like how you sell your other works. Speaking of the legalities and copyright, we will discuss that later in this segment.
In recent years, the emergence of NFTs has revolutionized the art market by allowing digital artists to sell their work as unique, one-of-a-kind assets on the blockchain.
How Is Art ‘Generated’?
AI-generated art is created using algorithms and machine learning techniques that allow computers to generate images, music, or other forms of digital media. These algorithms are designed to mimic the creative process of humans, producing unique and original works of art that can be sold as NFTs.
Copyright And Legally Related Matter
It is crucial to abide by the AI art-generating tool’s guidelines and policies. Before you begin, you must read what the companies have to say about using their tools for commercial purposes. For example, DALL-E allows artists to use their platform to generate their art. Here is a statement from OpenAI’s website:
“Subject to the Content Policy and Terms, you own the images you create with DALL·E, including the right to reprint, sell, and merchandise – regardless of whether an image was generated through a free or paid credit.”
Every brand has a different set of policies. Do your research before choosing a platform. Here are some that you can see:
Speaking of the legalities, however, the United States Law around AI-generated art in Section 306 states, “The U.S. Copyright Office will register an original work of authorship, provided that the work was created by a human being. ”
This means that there will be no owner to the AI-generated art.
Where Can I Sell My Art?
Several platforms can help in selling your art as NFTs. Here is a list of platforms that you can check out:
For NFT, this platform can be perfect. It is a digital marketplace where people who own NFT can sell their AI-generated art and other digital assets.
This place has its own NFT marketplace, called the Binance NFT Marketplace. With the support of two blockchains, Ethereum and Binance Smart Chain (BSC), this platform can help you sell non-fungible tokens for your AI art.
Last but not least, the most popular platform for non-fungible tokens is OpenSea. You can opt between Ethereum and Polygon on the OpenSea marketplace, and it is a great place to sell your AI art.
1. Is AI-generated art considered original artwork?
While AI-generated art is unique and created using algorithms, its originality is a subject of debate. Since it’s produced using machine learning and not directly by a human hand, some argue it lacks the personal touch and intent of traditional art. However, the uniqueness and novelty of AI art have garnered significant attention in the art world.
2. Can I face legal issues if I sell AI-generated art without checking the platform’s policies?
Yes, it’s essential to thoroughly read and understand the terms of service and policies of the AI art-generating tool you’re using. Selling art without adhering to these guidelines can lead to copyright infringements or other legal complications.
3. How do I price my AI-generated art for NFT sales?
Pricing AI-generated art, like any other art form, can be subjective. It depends on factors like the complexity of the piece, its uniqueness, the reputation of the artist, and current market trends. It’s advisable to research similar artworks in the NFT marketplace to get an idea of competitive pricing.
So far, you must have understood what it takes to sell your AI-generated art as NFT, the copyright claims, legal matters, ownership, platforms you can use, and more. In short, you can sell your AI-generated art as NFT.
More in AI: Is OpenAI Open Source?