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...
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
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 BicassoArtificial 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.
What are your thoughts on Binance’s Bicasso platform? Let us know in the comments section below.
Why this matters
This nft story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on Bitcoin NewsRelated market context
XRPL’s $1.34 billion stablecoin base doesn’t tell us how much XRP users need
Tracked stablecoins on the XRP Ledger totaled $1.338 billion on Oct. 7. For XRP holders, the critical question is how much activit...
Sui’s Hashi Launches With $500M to Turn Bitcoin Into Productive DeFi Collateral Markets
Key Takeaways: With more than $500 million in locked-in tokens, Hashi will launch its phased mainnet launch. The protocol enables...
XRP News: Ripple Challenges Wall Street for a Slice of $256B ETF Market
The U.S. leveraged ETF market has 593 funds and more than $256 billion in assets, including XRP, and Ripple Prime is making itself...
Ledger hack scare nears $90 million as Tether moves to freeze stolen USDT
Suspected Ledger wallet thefts are approaching $90 million as Tether freezes USDT stablecoin linked to the incident, according to...
Ethereum open interest rose 2.3% in ETH on Binance as its dollar value fell 6.6%
Ethereum open interest in Binance’s ETHUSDT futures contract was 2.27% higher in ETH on Thursday, Oct. 8, over the last 48 hours,...
Binance ETH reserves hit six-month low as withdrawals surge
The divergence in ETH investor behavior highlights a shift towards self-custody and productive use, contrasting with institutional...