BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
FOLLOW
BlockNews
  • Crypto
  • Finance
  • Politics
  • Memecoins
  • NFT
  • Technology
  • Opinion
No Result
View All Result
BlockNews

Binance’s AI-Powered NFT Generator Hits 10K Mints in 2.5 Hours

by BlockNews Team
March 6, 2023
in Business, Media, NFT, Technology
A A
Binance’s AI-Powered NFT Generator Hits 10K Mints in 2.5 Hours
1
SHARES
Share on TwitterShare on Reddit

In the limited beta, Bicasso was quickly transforming user-submitted profile photographs into works of digital art.

  • On March 1, Binance released “Bicasso,” an AI-powered NFT generator that can instantly transform user-submitted profile photographs into digital art.
  • Generative art, created through the use of an autonomous system, is a new archetype in the art world and can command high prices at auction.

AI-based NFT Generator –Bicasso 

The newly released nonfungible token generator on Binance, which uses artificial intelligence to produce tokens, has started making digital artwork at full speed, surpassing its 10,000 NFT mint limit just 2.5 hours after its debut. The “Bicasso” AI-powered NF generator was released in beta on March 1 by Binance, the biggest cryptocurrency exchange in the world.

You can utilize AI to turn your original ideas into NFTs, Binance CEO Changpeng Zhao informed users. A few hours later, he added, “Bicasso’s first pilot just finished with 10K NFT minted in 2.5 hours. The AI had been a little anxious but had now calmed down.

The system is an AI-powered tool for creating images comparable to AI-art platforms like DALL-E. Users can either fill in creative suggestions to generate a custom image created using AI or upload an image, such as a profile photo, for the AI to work on.

A New Art Genre

These nonfungible tokens, often referred to as “AI-generative NFTs,” are gaining popularity among people interested in developing technologies like artificial intelligence, blockchain, the Metaverse, and the art community. Generative adversarial networks, or GANs, are generally used to produce AI-generative NFTs. These algorithms use computers to train models using data and create artificially intelligent visuals that resemble works of art.

The essential tenet of AI-generative NFT art, according to Claire Silver, “an AI-collaborative artist, is that art is produced in conjunction with some artificial intelligence, like GAN. Some tools require no code, and options require a lot of code. The latter I employ in my work. Working with an AI to make your ideas come to life is a unique experience that enhances creativity in a way that feels liberating and brings back a form of play you haven’t had since you were a child.”

Silver revealed that she uses an ” Eponym ” text-to-art generator to produce AI-generative NFTs. The Eponym tool, created by the AI-generated art business Art AI, enables users to make artwork based on their desired language and then mint these works straight to the largest NFT marketplace, OpenSea.

Mint Data Statistics

According to initial mint statistics, nine hundred nine owners created at least one NFT as a part of the limited beta. Since the photographs were used in the pilot, they cannot be purchased separately. On Crypto Twitter, users were eager to share their inventions.

Due to high demand, there were a few glitches after the pilot launch, which Binance acknowledged and stated: “Our team is actively trying to strengthen the server abilities to eliminate errors and to make the minting process smoother.”

It also stated that anybody who didn’t make the 10K beta quota could still join the waitlist for the final version. According to the platform, “Bicasso AI#10445” was the most recently created NFT at the time of writing.

In art, generative art is a brand-new archetype entirely or partially produced by an autonomous system. Taylor Hobbs’ “Fidenza #724”, an NFT made using a computer algorithm, was sold at auction on February 28 by renowned auction house Christie’s for $440,000. All 10,000 Bored Ape Yacht Club NFTs were turned into artificially intelligent works of art in August.

Tags: AIBicassoBinanceBusinessCrypto ExchangeNFT
TweetShareShare

DON'T MISS THESE! HOT OFF THE PRESS

Coinbase Introduces ‘Coinbase Payments’ Bringing Gasless USDC Checkout to Shopify
Business

Coinbase Introduces ‘Coinbase Payments’ Bringing Gasless USDC Checkout to Shopify

June 18, 2025
Trump Mobile Debuts with $499 U.S.-Made Smartphone Plan
Opinion

Trump Mobile Debuts with $499 U.S.-Made Smartphone Plan

June 16, 2025
Michael Saylor Isn’t Sweating Quantum Threats to Bitcoin
Bitcoin

Michael Saylor Isn’t Sweating Quantum Threats to Bitcoin

June 11, 2025
Apple, Airbnb, and Google Eye Stablecoin Integration for Crypto Payments
Business

Apple, Airbnb, and Google Eye Stablecoin Integration for Crypto Payments

June 6, 2025
Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?
Crypto

Yuga Labs Sells Off Moonbirds IP to Double Down on Bored Apes and Otherside — Bullish Signal for BAYC?

May 30, 2025
Avalanche and Filecoin Join Forces for Cross-Chain Data Bridge
Crypto

Avalanche and Filecoin Join Forces for Cross-Chain Data Bridge

May 28, 2025
Load More

Related News

TRX Finds Its Floor as IPO Hype and Political Buzz Stir Up the Market

TRX Finds Its Floor as IPO Hype and Political Buzz Stir Up the Market

June 21, 2025
Dogecoin to $5? One Analyst Thinks It’s Coming—and Has Charts to Back It Up

Dogecoin to $5? One Analyst Thinks It’s Coming—and Has Charts to Back It Up

June 21, 2025
Solana vs Litecoin: Who’s Closer to That Sweet ETF Approval?

Solana vs Litecoin: Who’s Closer to That Sweet ETF Approval?

June 21, 2025
Binance Coin Builds Tension Beneath Resistance as Traders Brace for Impact

Binance Coin Builds Tension Beneath Resistance as Traders Brace for Impact

June 21, 2025
XRP Ledger Shatters Record with 5.1 Million Transactions in a Day

XRP Ledger Shatters Record with 5.1 Million Transactions in a Day

June 21, 2025
Discord Twitter Youtube TikTok Instagram

BLOCKNEWS.COM

BlockNews

BlockNews.com is your premier source for real-time cryptocurrency, blockchain, and financial market news.

Our mission is to deliver accurate, timely, and insightful information to help both seasoned investors and newcomers navigate the evolving digital economy.

With in-depth analysis, exclusive insights, and up-to-date news, BlockNews.com keeps you informed on the latest trends in crypto, DeFi, NFTs, tech, and beyond.

Stay ahead of the herd with BlockNews.com

RESOURCES

  • About
  • Contact Us
  • Terms and Conditions
  • Privacy Policy

POPULAR TOPICS

$ADA $XRP AI Avalanche Binance Bitcoin Bitcoin ETF blackrock Blockchain BTC Business Cardano Chainlink China Coinbase Coinglass crypto cryptocurrency Crypto Exchange Crypto Regulation DeFi Dogecoin Donald Trump Elon Musk ETF eth ethereum Federal Reserve FTX grayscale Memecoin metaverse Microstrategy NFT NFTs PEPE ripple sec Shiba Inu Solana Stablecoin Technology US Web3 xrp

GET QUICKER UPDATES ON X

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.

No Result
View All Result
  • Home
  • Crypto
  • Memecoins
  • Technology
  • Politics
  • Finance
  • NFT
  • DeFi
  • Opinion

© 2022-2025 BlockNews.com - Crypto and NFT news website by Aiur Labs.