The Next Bicasso: Binance NFT Releases AI-Powered NFT Generator

The new tool allows marketplace users to create computer-generated images and mint them as NFTs.

AccessTimeIconMar 1, 2023 at 4:18 p.m. UTC
Updated Mar 1, 2023 at 4:45 p.m. UTC

Crypto exchange Binance’s non-fungible-token (NFT) marketplace users are getting creative with “Bicasso,” a new artificial intelligence (AI)-powered NFT generator the company released in beta Wednesday.

Bicasso is similar to AI art platforms such as DALL-E or Midjourney, where users can type in a creative prompt to produce a unique image or upload an image for the tool to adapt. Users can then mint their images as NFTs on Binance’s native BNB chain.

“You can turn your creative visions into NFTs with AI,” Binance CEO Changpeng Zhao said on Twitter. “Give it a try and show me what you make with it.”

Binance NFT users quickly hopped on the new feature and shared their work. According to early mint data from the platform, nearly 3,300 users have minted at least one Bicasso NFT. The initial free mint is capped at 10,000 NFTs.

Conversations around NFTs and AI have been on the rise in the past year, as generative art technology continues to push into Web3. Last year, generative art NFT collections weathered crypto winter with high prices and increasing trading volumes.


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Cam Thompson

Cam Thompson was a news reporter at CoinDesk.

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