What’s Your NFT Really Worth? This Man Is Using AI to Find Out – CoinDesk

The year is 2006. The stage: an underground cash poker game in New York City. Nikolai Yakovenko takes a peek at his hand, his facial expression paused, posture slightly slouched. A pair of kings glance back at him.

With $30,000 on the table, the flop is revealed – ten of hearts, seven of spades, six of hearts. “All in,” his opponent gestures from across the table. An $80,000 bet is placed.

Yakovenko begins to crunch the numbers in his head, conjuring up the hand’s possible outcomes and their likelihoods. Moments later, he has his answer – 42%, his chance of victory. With more money on the table than Yakovenko is willing to lose, he folds.

“Maybe a bot would have played it better,” he later said of the hand during a talk at MIT’s sports analytics conference in 2018.

The sentiment – that technology can inform and even outperform human capabilities – is at the heart of Yakovenko’s life work, and has taken him around the world for poker tournaments, chess competitions and now,…

Read Full Story: https://www.coindesk.com/business/2022/07/07/whats-your-nft-really-worth-this-man-is-using-ai-to-find-out/

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