Irem B.
Binance, a popular cryptocurrency exchange, recently introduced a new AI-powered (artificial intelligence-powered) tool called “Bicasso” on its non-fungible-token (NFT) marketplace.
The new tool is enabling users to create unique NFT images based on creative prompts or uploaded images. Once created, users can mint their NFTs on Binance’s native BNB Chain.
The CEO of Binance, Changpeng Zhao, announced the new feature and encouraged users to test it out and showcase their creative visions via Twitter on March 1.
Users quickly adopted Bicasso, and according to early data, almost 3,300 users have already minted at least one Bicasso NFT! It’s worth noting that the initial free mint is capped at 10,000 NFTs.
The release of Bicasso comes as interest in NFTs and AI-generated art continues to gain momentum in the Web3 world. Last year, generative art NFT collections experienced high prices and increased trading volumes despite the downturn in the crypto market.
As technology continues to advance, it is becoming easier for anyone to create and own digital assets, like NFTs, which can be valuable and unique pieces of digital art.
With Bicasso, Binance is providing a tool for people to express their creativity and potentially profit from their digital creations.
To sum up, Binance’s NFT marketplace users are now taking advantage of the newly launched AI-powered NFT generator, Bicasso. The tool allows users to create unique NFT images based on creative prompts or uploaded images and then mint them on Binance’s native BNB chain.
As NFTs and AI-generated art continue to grow in popularity, Binance is providing a way for anyone to create and potentially profit from their digital creations. We are waiting for a similar move from other Web3 companies because we know that all Web3 elements, such as Metaverse and NFTs, can be strengthened by utilizing artificial intelligence.
Some example NFTs that are created via Bicasso:
