The top cryptocurrency exchange in terms of trading volume is unveiling a new non-fungible token (NFT) generator powered by artificial intelligence (AI).
In a recent statement, the CEO of Binance, Changpeng Zhao, reveals the beta launch of “Bicasso,” a new AI-powered platform that allows users to transform words and images into digital collectibles.
As stated by Zhao, the beta version of the application had a limit of 10,000 mints and has already ended as of writing.
In order to utilize Bicasso, a name that pays homage to the well-known Spanish painter Pablo Picasso, users must put in evocative English phrases at the prompt and, if desired, upload a background image. The AI then creates an NFT on the BNB Chain based on the data provided and outputs an image.
The new AI-powered tool has no set release date as of yet. BNB, the fourth-ranked cryptocurrency by market capitalization, is currently trading at $299.58, a little decline over the previous 24 hours.