Binance’s AI-powered NFT generator hits 10K mints in 2.5 hours

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Binance’s newly-launched Artificial Intelligence-powered Non-Fungible Token (NFT) Generator is in full swing with digital art, hitting the cap of 10,000 NFT mints in just 2.5 hours after launch.

On March 1, Binance, the world’s largest cryptocurrency exchange, released a beta version of an AI-powered NFT generator called “Bicasso”.

Binance CEO Changpeng Zhao told users, “We can use AI to turn our creative visions into NFTs,” and hours later, “Bicasso’s first pilot turned 10K NFTs in 2.5 hours. Created and done, AI was a little stressed but caught it [breath] now. “

The first pilot of BICASSO just produced 10K NFTs in 2.5 hours. The AI ​​was a little stressed, but it came back to life. https://t.co/BBRevAdIUc

— CZ Binance (@cz_binance) March 1, 2023

of system An AI-powered image generation tool similar to AI art platforms such as DALL-E. Users can upload images such as profile pictures that are processed by AI, or enter creative prompts that generate bespoke images created by AI.

According to early mint data, 9,909 owners created at least one NFT as part of the limited beta. Images are part of the pilot and cannot be resold.

Users were eager to share their creations on crypto Twitter.

#bicasso is a new AI-powered NFT generator that Binance released in beta on Wednesday. Users can create NFTs by filling in creative prompts or uploading images. The user can then create an image as her NFT on Binance’s native BNBchain. Why not try it? pic.twitter.com/3hDy2Ife5Z

— Yuki Elliott (@yuki_binance) March 1, 2023

After Binance Pilot Launch Admitted There were some glitches due to demand, stating:

“Our team is currently working to increase server capacity to reduce errors and make the casting process smoother.”

He added that those who missed the 10,000 beta quota can sign up for the full version waiting list.

Latest NFT “Bicasso” AI#10445‘ was created just an hour ago, according to the platform.

Related: AI-generated art is predicted to be the next trend in the NFT sector

Generative art is a new archetype in the art world created in whole or in part using autonomous systems. February 28th at the famous auction house Christie’s auctioned Taylor Hobbs’ “Fidenza #724” is a computer-algorithm-generated NFT worth $440,000.

In August, Google Cloud AI turned all 10,000 Bored Ape Yacht Club NFTs into machine-made works of art.