An autonomous NFT (aNFT) is a non-fungible token that can proactively initiate transactions without prompting. aNFTs or autonomous NFTs offer a versatile way for Web3 users and network protocols to interact and conduct transactions.
An aNFT is set up with an initial transaction, after which it turns self-contained. Such an autonomous NFT can continue to function by leveraging a distributed network of incentivized bots and triggering actions when certain conditions are fulfilled.
For instance, aNFTs can be programmed for auto-transactions such as asset transfer, including self, becoming non-playing characters in blockchain-based games, conducting trades, lending/borrowing, voting, performing off-chain actions, and more.
aNFTs are especially useful in the Play-to-Earn or GameFi sector, where they can provide an even more engaging gaming experience to players. Such autonomous NFTs can be programmed using smart contracts to perform in what is known as a Player-vs-Environment (PvE) gaming experience.