Binance’s AI-powered NFT generator hits 10K mints in 2.5 hours
The Digital Art of Bicasso has started to become famous in the eyes of the world. They have become famous for converting user-submitted profile pictures into beautiful works of art in digital form.
They have now introduced the artificial intelligence-powered non-fungible token generator which is now responsible for creating tremendous digital art. The progress of digital art is so demanding that they have reached a cap of 10,000 mints in just 2.5 hours which is remarkable.
Recently, the world’s largest crypto exchange Binance has launched an AI-powered NFT digital Art generator which is known to be Bicasso. This NFT generator works in Beta.
The Ceo of the Binance company was recently interviewed and he said,
“you can turn your creative visions into NFTs with AI,”
which means that now anyone who wants to create some creative digital art must do is use NFTs.
“Bicasso’s first pilot just completed with 10K NFT minted in 2.5 hours. The AI was a little stressed out but caught its [breath] now. “
Has been stated by Bicasso.
In addition, the system has been declared to be an AI-powered image-generating tool which has been concluded to be similar to other AI platforms for instance DALL-E. In this system, the users will be given the chance to either upload an image which can be uploaded as the profile picture so that the AI can work, or they can use the system to type out some creative occasions that can give rise to a bespoke image will be created with the AI.
In accordance with the initial mint data, 9,909 owners have created at least one or more NFTs as they consider it to be a part of their limited beta. Though the images are not available for resale since these images were a part of the pilot.
Crypto Twitter was very eager to show the creations that they created with AI.
Following this, the pilot launch that was done by Binance has also accepted that there may be some glitches that the users have noticed. These glitches may be due to the demands. Moreover, they stated the following:
“Our team is currently working to increase the server abilities to reduce errors and to make the minting process smoother.”
Nonetheless, they added that the users who may have missed the 10K beta quota still have the chance to sign up for the waitlist that will be for the launch of the full version of the system.
Furthermore, in accordance with the platform’s statement, it was disclosed that at the time of drafting ”Bicasso AI#10445” was known to be the most recently manufactured NFT.
Last but not the least, generative art is now considered to be a new type of archetype in the world of art. A renowned auction house Christie’s auctioned Taylor Hobbs created an NFT that too with the computer algorithm and sold it for about $440,000, it was disclosed on Feb 28.