Tue, April 16

Binance Launches AI-Powered NFT Generator Platform ‘Bicasso’

Exchange News
  • Binance has joined the AI hype train in an effort to capitalize on the growing interest.
  • The beta version of Bicasso has a 10,000 mint cap.

Since its debut, Binance has solidified its position as a leading exchange for crypto trading. Binance has joined the AI hype train in an effort to capitalize on the growing interest in this technology.

More and more artificial intelligence-powered image-generation services have emerged in recent years, allowing users to input a photograph and produce other depictions of the same person using a variety of AI algorithms. These websites that generate images using artificial intelligence were popular, even without the ChatGPT buzz.

Binance + Picasso

CEO Changpeng Zhao recently announced that Binance has released a new platform named Bicasso. As long as users upload photos, the platform will create an NFT profile picture for them.

Moreover, the combination of “Binance” and “Picasso” in the name “Bicasso” is immediately obvious. CZ claims that by utilizing a variety of phrases, users may turn ordinary photos into one-of-a-kind AI creations. The beta version of Bicasso has a 10,000 mint cap.

Furthermore, the free NFT may be minted from an uploaded photograph of a human, animal, or landscape. As of right now, each user can only mint one AI-powered NFT. But, following CZ’s tweet, a flood of users rushed to mint free NFTs, overwhelming the system with demands.

In the same way as DALL-E and Midjourney allow users to write in a creative prompt to generate an original picture, Bicasso allows users to submit an image for the tool to modify. As a result, users may mint their photos as NFTs on Binance’s native BNB chain.

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An engineering graduate who is passionate about writing and loves the very existence of crypto. Trading forex currency keeps me busy when I am not writing and analysing the crypto world.