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Solana, a Layer 1 blockchain network, faced challenges as one of the first blockchain platforms to adopt artificial intelligence as a measure to fight its downtrend. Recently, Solana released its brand-new ChatGPT plugin, which allows users to buy NFTs, send tokens, and examine on-chain data. On Github, you can download the plugin.
The CEO of Solana Labs, Anatoly Yakovenko, stated that he anticipates future iterations of the plugin will allow for the creation and deployment of smart contracts on-chain.
“I think what would be cool is an AI plugin that you tell, ‘Hey, I want to do an NFT set with 10,000 images in this style with these traits, and then stable diffusion generates the entire thing, mints them on-chain, sets up a Discord group, starts answering questions, and starts outlining lore and stories. Many interesting and peculiar things, in my opinion, are possible.”
Statement made by the CEO of Solana Labs, Anatoly Yakovenko.
On May 23, Solana is also doubling the size of its AI accelerator awards program, increasing it from $1 million to $10 million. It aims to encourage the growth of machine learning models that collaborate within the Solana ecosystem. Grants have a value of $5,000 to $25,000 each. Several Web3 projects with an AI focus already use the Solana protocol.
The current buzzword, artificial intelligence (AI), may or may not help Solana emerge from the depths of its downturn. The native SOL coin of the blockchain is up 80% in 2023, although it is still 92% behind its 2021 highs.
In conclusion, at this point, it doesn’t appear that investors are particularly interested in this news, but if Solana can continue to add AI capability, it might eventually make the Layer-1 chain more appealing to both investors and developers.
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