Binance Unveils New Artificial Intelligence-Powered NFT Generator ‘Bicasso’

The world’s largest crypto exchange by volume is revealing a new non-fungible token (NFT) generator powered by artificial intelligence (AI).

In a recent announcement, Binance chief executive Changpeng Zhao unveils the beta launch of “Bicasso,” a new tool that lets users turn words and images into digital collectibles using the power of AI.

According to Zhao, the beta version of the program is only operation for 10,000 mints, and it is already closed at time of writing.

“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 10,000 mints.”

To operate Bicasso, a name that references famous Spanish painter Pablo Picasso, users type in descriptive English words when prompted and provide an optional background photo. The AI then generates an image based on the information given to it, and mints an NFT on the BNB Chain.

No official release date has been announced for the new AI-powered tool.

BNB, the fourth-ranked digital asset by market cap is trading for $302.62 at time of writing, a fractional dip during the last 24 hours.

Featured Image: Shutterstock/Pavel Chagochkin