IMG-LOGO

Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run

News Feed - 2023-03-02 08:03:18

Binance Tests AI-Infused NFT Platform Bicasso in Limited 10K Mint Run


On Wednesday, Binance CEO Changpeng Zhao, also known as CZ, announced the launch of a new non-fungible token (NFT) platform infused with artificial intelligence (AI). The AI-centric product is named Bicasso, and CZ said the beta version dropped today and was limited to 10,000 mints. Combining AI and NFTs: Binance CEO Announces Bicasso


Artificial intelligence (AI) has been popular in 2023, with Openai’s platform Chatgpt, also known as GPT-3, making headlines, and artists using AI-centric art programs such as Nightcafe, DALL-E, Starry AI, Jasper, and Deep AI. On March 1, Changpeng Zhao, or CZ, CEO of the largest exchange by trade volume, Binance, announced a new platform called Bicasso that combines AI and non-fungible token (NFT) technology.


“Here’s a fun new Binance AI product called Bicasso,” CZ tweeted on Wednesday. “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,” the Binance CEO added.


Similar to several AI-infused art programs, Bicasso allows users to enter descriptive prompts for the AI to leverage. Additionally, people can upload pictures of a person, animal, or landscape to mix in with the photo creations. In CZ’s Twitter thread, users shared their AI creations with the Binance CEO, while others received an error message stating that the system was busy and to try again. “The team’s on it. The AI is busy,” responded the Binance executive.


Since Binance announced the new AI-focused NFT maker, a message now states that the product test is closed. Users who are interested in using Binance’s Bicasso product can now join a waitlist. “Seems like I missed it,” one user wrote to CZ two hours after the Binance CEO announced the product test. Tags in this story ai, AI creations, art programs, art world., Bicasso, Binance, Binance CEO, Changpeng Zhao, Chatgpt, creative visions, CZ, Dall-E, Deep AI, error message, gpt-3, industry, intersection, Jasper, nft, Nightcafe, Non-fungible Token, openai, photo creations, product test, revolutionize, Starry AI, system, Twitter, waitlist


What are your thoughts on Binance’s Bicasso platform? Let us know in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 6,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Ripple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases NEWS | 2 hours ago UBS Strategists Predict Minimal Impact of Upcoming Mt Gox Payouts on Bitcoin Value NEWS | 5 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleRipple Lawyer Argues SEC Chair Gensler Has Prejudged Crypto Asset Cases Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItFidelity Investments Launches Crypto, Metaverse ETFs — Says "We Continue to See Demand"


Fidelity Investments, one of the largest financial services firms with more than $11 trillion under administration, is launching exchange-traded funds (ETFs) focusing on the crypto ecosystem and the metaverse. "We continue to see demand, particularly from young investors, for access ... read more.Bitcoin ATM Operator Indicted in New York Allegedly Running Illegal Business Attracting Criminals Australia to List Bitcoin ETF After 4 Clearinghouse Participants Commit to Meet Stringent Margin Terms Digital Ruble ‘Much Needed,’ Russia’s Central Bank Says, Won’t Delay Testing Iran to Increase Penalties for Unauthorized Cryptocurrency Mining