Binance Unveils AI-Powered NFT Generator Bicasso
The largest cryptocurrency exchange in the world is introducing a novel non-fungible token (NFT) creator that employs artificial intelligence (AI).
Recently, Changpeng Zhao, the CEO of Binance, disclosed the beta release of “Bicasso,” a new tool that utilizes AI to allow users to convert text and pictures into digital collectibles.
Here’s a fun new #Binance AI product called #Bicasso 🎨
You can turn your creative visions into NFTs with AI. Give it a try and show me what you make with it.
Beta version live now, limited to 10k mints.
➡️ https://t.co/QeQS7oh9uH pic.twitter.com/22Dllhg2sP
— CZ 🔶 BNB (@cz_binance) March 1, 2023
As per Zhao, the program’s beta edition is only available for 10,000 mints, and as of the time of writing, it has already concluded.
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Bicasso operates similarly to AI art platforms like Midjourney or DALL-E, allowing users to enter a creative prompt or upload an image for the tool to modify. After generating a unique image, users may then mint it as an NFT on Binance’s native BNB chain.
There is no specific launch date for the new AI-driven tool. At the time of writing, BNB, the fourth-ranked digital asset by market capitalization, is trading at $302.62, a minor drop over the previous 24 hours.
Alexander Stefanov
Reporter at CoinsPress
Alex is Editor-in-Chief of Coinspress and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
