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Market News

Binance AI-Powered NFT Generator Reaches 10K NFT Mints

Binance noted that even though the Bicasso NFT generator beta quota runs out, others can still sign up for the waitlist for the full version.

Written By Vismaya V
Published March 2, 2023 7:46 AM·Updated 12 months ago
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Binance AI-Powered NFT Generator Reaches 10K NFT Mints

Global cryptocurrency exchange Binance launched the beta version of “Bicasso,” an artificial intelligence (AI)-powered NFT generator reaching 10k NFT mints in just 2.5 hours.

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

Binance CEO CZ tweeted, “BICASSO first pilot just completed with 10K NFT minted in 2.5 hours. The AI was a little stressed out, but caught its breathe now.”

9,907 owners minted at least one NFT as part of the limited beta at the time of writing. Unfortunately, these NFTs cannot be listed for trading as it is included in the pilot version. 

Binance later stated that even though the Bicasso beta quota runs out, others can still sign up for the waitlist for the full version.

Looks like you're all enjoying #Bicasso!

Our team is currently working to increase the server abilities to reduce errors and to make the minting process smoother.

Though our beta quota of 10k NFTs is running out, you can still sign up to the waitlist for the full version. https://t.co/rgOozrTedG

— Binance (@binance) March 1, 2023

Binance spent time enhancing the server capabilities to minimize errors and make the minting process more efficient.

AI apps are all the rage right now since the inception of Openai’s platform Chatgpt. Bicasso mimics other AI-focused image generator apps like DALL-E, Starryai, NightCafe, etc.

Binance is currently embroiled in many issues, so this NFT generator launch lit up the community’s mood for some time. Recently, Binance CEO CZ was found distraught by Forbes claims that they compared Binance to the departed FTX in the run-up to its downfall based on the money flow. 

Also Read: Bhutan Transfers $74.24M in Bitcoin to Binance Amid Price Rally

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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