Behold, artificial intelligence chatbot NFTs

Asset Entities is a publicly listed set of social media accounts and Discord servers that churn out get-rich-quick tips for Gen Z. It reported a net loss of $413,000 last year.

But give Texas-based vice president Kyle Fairbanks just 21 49 seconds and he’ll tell you how to (maybe) make $20,000 a month arbitraging AirBnbs up and down the East Coast. He has an extensive corpus.

Recognising the importance of diversification, Asset Entities also dabbles in all things Web3. For a few wondrous hours on Monday it was the Nasdaq’s best-performing stock.

The cue? A press release describing the company’s latest offering — a forthcoming set of artificial intelligence chatbot NFTs, billed as a “new kind of unique digital asset”.

Per AE:

Asset Entities is introducing its new Avatar, named “Eddie”, the entertainment themed AI Bot, who will be offered as part of its AE.360.DDM suite of services. You can meet Eddie on the AEAiAv website, and he will debut in one of Asset Entities’ servers this month.

Additionally, as part of AE Entertainment, the Company has launched a new website centered around our Avatar merchandise product line developed from unique AI metadata.  

Here, a user can buy a character of their choice created through AI platforms that is uniquely yours and nominally priced from $1 to $7 per Avatar. 

Shares peaked 140 per cent higher at $3.49 shortly after the open. They’ve pulled back a third since.

The year is 2023 and everything is going great.

Further reading:
— Four-week-old AI start-up raises record €105mn in European push
— ‘Fear of missing out’ drives retail investors to ride AI wave