Non-Fungible Tokens (NFTs) have largely been acquired as Proof-of-Profile Images (PFPs) that represent a brand, embody a culture, or ultimately reflect as a static status symbol. Top-tier NFTs like Bored Ape Yacht Club or Cool Cats weren’t originally backed by any tangible utility other than speculative value and hype, coupled with the promise of an illustrative roadmap, but in 2022, investors are looking for a little more .”
However, non-fungible tokens are finding their use beyond branding and status symbols as they attempt to build an existence in the Metaverse and some are ambitious enough to start within it.
The Altered State Machine (ASM) Artificial Intelligence Football Association (AIFA) has introduced a novel concept for NFTs called non-expendable intelligence or NFI. By tokenizing artificial intelligence, ASM AIFA has captured the attention of investors who are thinking long-term about the future of the Metaverse and decentralized play-to-win (P2E) economies.
the $ASTO the token is coming and will boost the ASM economy in many ways.
️ Agent Training
and more… #ASTO #ASM #NFI #NFT #Symbolic pic.twitter.com/Jw573MMlB7
— Altered State Machine (@altstatemachine) February 6, 2022
By merging AI functions with the three growing markets of gaming, decentralized finance (DeFi), and NFT, ASM AIFA has the potential to be a lucrative long-term bet.
As an investor, these are the strategies I have considered when thinking about investing in ASM AIFA, while keeping in mind the impending tokenomics that will be integrated into the nascent P2E blockchain game.
Follow the linear path by buying genesis boxes
The ASM AIFA Genesis Box Collection is essentially a starter booster pack towards their ecosystem. One box includes four ASM AI Agents or Stars, as well as an ASM Brain, which is the intelligence that powers each ASM Star.
Currently valued at 5,369 Ether (ETH) ($16,768.84), the box is a worthwhile bet for those who have long-term convictions in the ASTO economy and its Decentralized Autonomous Organization (DAO), but more so, the Metaverse as a whole.
Since ASM AIFA intends to reward its early adopters and players through its play and win model, the genesis box is essentially outfitted as an ASTO generation setup.
According to the ASM AIFA whitepaper, each brain will be able to Mine ASTO and each star will be able to generate ASTO through training. ASTO is not only the utility token of the Altered State Machine metaverse, but it is also the governance token in the ASM ecosystem.
Furthermore, these brains are not just limited to the ASM AIFA collection. They will also be compatible with other notable NFT projects like FLUFF World NFT, which also makes it interoperable.
ASTO tokens are needed to train AI stars and also to create more AI agents. AI agents don’t have to be limited to playing soccer in the game, their ASM brain can also be trained to be a trading robot as it relies on their learned memories.
The project launched on October 18, 2021, and since hitting the secondary market, ASM AIFA genesis boxes have increased nearly 1,200%, suggesting that there is growing interest and owners have recognized the value of the project. the AI.
Over the last seven days, the average sale price of genesis boxes has been trending down from 6.3 ETH to 5.3 ETH. It seems that even with a slight correction, genesis boxes have not dropped below 4.75 ETH in the last month.
Based on the price points of items in the genesis box, the floor for ASM stars currently costs 0.21 Ether ($654.37) with a team of four, for a total of approximately $2617.48. The cheapest ASM brain is currently priced at 3.92 Ether ($12,214.96), bringing the sum total of the contents of the box to roughly $14,832.44 or 4.77 Ether.
Essentially, at these current prices, buying a genesis box costs about the same as buying the items separately. However, both the ASM masterminds and the stars have experienced price fluctuations that have previously made buying the box a cheaper alternative to buying the items separately.
Depending on an investor’s motives and strategy, they might choose other methods to own a piece of the ASM metaverse.
Genesis brains will also mine ASTO
AIFA genesis ASM brains are unique NFTs equipped with artificial intelligence and the architecture of the brain is currently patent pending where owners will have full rights to the machine learning (ML) model of their NFI.
This provides an additional layer of utility to ASM economics and a unique feature is that ASM brains do not always need a form (avatar) and can exist and function within the parameters of their trained memories.
The ASM brain is the most expensive piece in the collection that will also be able to mine ASTO tokens. In this way, an investor can potentially recover their original capital investment through the issuance of brain tokens. Currently, the cheapest ASM brain is worth 3.92 Ether ($12,214.96), a 300% increase on the 60-day low prices.
ASM brains retain their value in large part due to their genomic matrix whose attributes allow the brain to integrate into other worlds outside of the ASM ecosystem. That is, the brain can be used in other ecosystems.
According to the ASM roadmap, every ASM genesis brain is scheduled for an ASTO token drop. Investors seeking exposure with AI might consider buying ASTO for a more financially feasible bet.
Just stack ASTO?
There is no denying that the ASM AIFA project is not the cheapest entry into the ecosystem, but for those investors who are highly interested in the development features of NFIs, investors could consider investing in the token or star brokers. of AI.
ASTO is the native currency that will govern activity in the ASM ecosystem. Since it is necessary to train the ASM brain and any AI agent, there will be an economy of gym owners providing GPU cloud computing for each ML model. In exchange for their time and energy, gym owners will be rewarded at ASTO.
When the ASTO token is launched, the ASM team will host an auction to determine the price of ASTO in a unique method they have dubbed the “discovery auction.” ASTO will also be given to ASM star owners and ASTO can be staked to mine the next generation of brains in the ecosystem. In preparation for the launch of AIFA, it might be convenient to load the ASTO token.
As NFTs find ways to justify their value outside of speculation and the ways they can be integrated into the Metaverse expand, projects are starting to be built from the inside out. Time will tell when we start to see more projects start to integrate AI features, but ASM AIFA seems to be a top contender as an early mover.
The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should do your own research when making a decision.