February 9, 2023

Alibaba Allows Artists To Create NFTs

Alibaba Allows Artists To Create NFTs Featured Image

Alibaba Cloud

Artists can now generate NFT images using Alibaba Cloud Serverless, Geekmetaverse reported.

This announcement was made by Alberto Roura, site reliability engineering lead at Studio None, a custom software development studio, during the 2023 Alibaba Cloud Developer Summit, held in Jakarta.

Roura said artists can create their images and upload them on a JS site hosted on Alibaba Cloud Object Storage Service (OSS), in which they can customize their NFTs from a variety of attributes-digital backgrounds, props, clothing, etc, in addition to controlling their level of rarity to make their NFTs unique.

Then, the OSS bucket receives the NFT metadata, a matter which triggers an “ObjectCreated” event, generating the NFT collection using Python scripts. This tool will help artists, who are not familiar with NFTs to convert their artworks to collections of digital collectibles.

This is not the first time Alibaba knocks on the doors of technologies of the Web 3.0 world as Tmall Luxury Pavilion, Alibaba’s luxury shopping platform, launched in September a captivating metaverse experience.

In other news, two days ago, two NFTs from collections of Ethereum-based NFTs from CryptoPunks and Bored Ape Yacht Club (BAYC) were sold for more than $1 million each, showing that the NFT market is recovering in terms of rising sales and trading volume.

CryptoPunk #5066 sold for 857 ETH, worth approximately $1.4 million at the time of writing. It was sold by Kevin Rose, an NFT collector and the co-founder of NFT startup Proof (Moonbirds) but the buyer was unknown.

Meantime, Bored Ape Yacht Club #7090 sold for 800 ETH, or $1.3 million. The NFT was sold by Web3 creator and collector Jimmy McNelis “j1mmy” to an unidentified buyer.

Author profile

Whether you want to learn about NFT, Blockchain, Web3.0, Metaverse, or any other emerging technologies, we have the vital resources that will enlighten and help you make an informed decision.