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NFTs and Metaverse

Binance Unveils AI-Powered NFT Generator Bicasso

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.

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.

To use Bicasso, users are prompted to input descriptive English phrases and may include a backdrop photo, and the AI creates an image based on the given data, subsequently producing an NFT on the 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 an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.

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