Binance Launches ‘Bicasso’, AI Powered NFT Generating Platform

Binance crypto news

Binance Bicasso Launch News: Top crypto exchange Binance on Wednesday announced the beta launch of Bicasso, an AI powered Non Fungible Tokens (NFTs) generating platform. The exchange’s latest move comes amid much hype around artificial intelligence linked tools and crypto tokens. The recent adoption of ChatGPT is forcing companies and businesses to revisit strategies on resource management. Hence, AI based NFT creation could also find newer use cases.

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NFTs On Bicasso

The Bicasso NFT generator needs user inputs — an image and a prompt — to create an AI made NFT. Soon after Binance CEO made the announcement about Bicasso beta going live, users flooded the platform. This led to long wait times due to heavy traffic on the site. CZ confirmed that the AI was overworked and the situation could ease out later with lesser requests. The beta version has a limited quota of 10,000 free NFTs.

However, users can still register for the waitlist to the final version. Meanwhile, the crypto community is pumped with the increasing integration of AI technology with the web 3.0 world. Although many were happy with the new fun tool on NFTs, some others were expecting a bit more of innovation from the top crypto company. A crypto enthusiast, EnczCrypto, was expecting little more innovative platform from Binance. “For the calibre of Binance I was expecting maybe something a little more innovative – Web3 and AI is still very early,” he said.

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Anvesh Reddy