Cointime

Cointime

Download App
iOS & Android

Introducing Bicasso: An Innovative AI NFT Generator

Validated Venture

Main Takeaways

  • Bicasso is an AI NFT generator that allows Binancians to create custom images using artificial intelligence, which can then be minted into NFTs on BNB Chain.
  • We’ll be making Bicasso available for free to all on March 29. The platform will be open for 12 hours and limited to minting 100,000 AI NFTs on a first come, first served basis.
  • To mark this global launch, Binance will also distribute 500 NFTs from our Exclusive Bicasso NFT Collection, which will be awarded to users as part of a referral program. 
  • Owners of Exclusive NFTs will be guaranteed a Bicasso slot during its global launch and be allowed to join our Beta Testers club, which will grant them early access to new products and features.

Keep reading to find out everything you need to know about the global launch of the Bicasso AI NFT generator on March 29.

While artificial intelligence (AI) has been steadily advancing in recent years, the past year has seen the mainstream rise of deep-learning machines such as ChatGPT and Dall-E. This makes 2023 feel like a real turning point, marking the year of AI and its widespread integration.

Here at Binance, we’re on a mission to enable the global adoption of Web3 by building an ecosystem accessible to everyone and ensuring we’re always embracing the latest technology. As such, we’re particularly excited about the latest innovation we have ready to share with you: Binance Bicasso.

In simple terms, Bicasso is an AI NFT generator that allows users to create unique artwork with text or images, then mint their creations as NFTs on BNB Chain. In the words of Mayur Kamat, our Head of Product: “Bicasso gives us a unique opportunity to bring together the power of AI and Web3 to provide users with a powerful experience."

What Is Bicasso and What Is an AI Image Generator? 

Binance Bicasso is a new AI NFT generator. It allows users to create a customized image generated by AI simply by submitting text or an image. For example, users can upload a profile picture to the system and provide a series of creative prompts; the AI image generator will then create a new piece of digital art. 

An AI image generator is a computer program that uses AI algorithms, such as deep learning, to create new images based on patterns and features learned from existing images.

By analyzing large datasets of images, an AI image generator can learn to generate new, original images that are similar to those in the dataset. This technology has many applications, from creating realistic images for video games and movies to generating artwork and design prototypes.

Where Bicasso takes things to the next level is with the move to Web3. Once fully satisfied with the images, users can mint their creations as NFTs on the BNB Chain. These NFTs can then be set as profile pictures, shared across social media, or transferred to an external wallet. Forget the chatter about ChatGPT — Bicasso is here!

Mint Your Own AI-Generated NFT for Free on March 29

The committed Binancians out there who follow everything we do may have noticed that we held a small beta test of Bicasso on our NFT platform on March 1, 2023. Limited to testing purposes for a small number of European users in 10 countries, we closed it that same day after 10,000 NFTs were successfully minted in just a few hours. 

Following this successful beta test, we’re excited to announce that on March 29, 2023, we will be expanding access to this AI NFT generator to all our users across the world, with Bicasso set to be unlocked on a first come, first served basis for 100,000 Binancians — both existing and new — who can each mint no more than one AI-generated NFT.

However, be warned that this latest window to create your own NFT for free will be open for only 12 hours, from March 29 (12:00 UTC) to March 30 (00:00 UTC), and limited to the first 100,000 users to successfully log in and generate their NFTs.

Don’t want to miss out? Well, there’s only one way to guarantee access, and that’s to get ahold of an NFT from the Exclusive Bicasso NFT Collection, which we’ll be releasing in support of Bicasso’s global launch. In short, ownership of these gives you priority!

Unlock Priority Access Via Our Exclusive Bicasso NFT Collection

To mark the global launch of Bicasso, we’ll be releasing an exclusive collection of 500 NFTs created by the AI NFT Generator. Featuring a series of AI-generated cats and dogs, the Exclusive Bicasso NFT Collection can only be earned by users rather than bought or sold.

Remember — only those who hold one of these 500 NFTs on March 29 will each be guaranteed access to one free minting opportunity during Bicasso’s global launch. So how can you get one? 

All you need to do to qualify for an Exclusive Bicasso NFT is invite your friends to join Binance during the promotion period from March 27 (12:00 UTC) to March 29 (01:00 UTC); you will receive one ticket per successful referral.

The system will distribute the 500 NFTs on March 29. The more tickets you hold, the more likely you are to be rewarded with one of the Exclusive Bicasso NFTs (terms and conditions apply).

As well as ensuring you have the right to mint one of the free 100,000 NFTs available during Bicasso’s global launch, ownership of an Exclusive Bicasso NFT also gives you entry into our newly formed Binance Beta Testers.

The plan for this group is to have early access to new products and upcoming features. First on the horizon for the Binance Beta Testers is theAI-powered chatbot embedded in Binance Academy. Built using advanced ChatGPT tech, the chatbot ensures users get reliable and up-to-date answers to any questions they may have about Web3, crypto, and blockchain. 

How To Use Bicasso

Remember — Binance Bicasso will only be open for 12 hours, from 12:00 (UTC) on March 29, 2023, to 00:00 (UTC) on March 30, 2023. Minting will be limited to 100,000 AI NFTs on a first-come, first-served basis (with guaranteed access for the 500 Exclusive Bicasso NFT holders). Ready to mint your free AI-generated NFT? Here’s how to do it:

  1. Log into your Binance account and go to [NFT] - [Bicasso].
  2. Enter AI prompts to generate images. Do note that Bicasso only supports English-language prompts. You can enter multiple prompts; be as specific as possible about the type of image you want Bicasso to generate. For example, include details like color schemes, composition, elements you wish to see in the artwork, and the overall feel you want the image to convey.
  3. Binance Bicasso also supports “image-to-image” AI technology. You can upload images as a baseline to help Bicasso learn your preferences. Please upload images with a clean background for optimized results. You can click to upload your images or simply drag them into the box. Once you’ve done this, click [Generate].
  4. You will now see the AI-generated images. If you’re not satisfied with these images, change your prompts and try again. Select an image you like and click [Mint NFT]. Please note that you can mint only one NFT. Once the minting starts, it cannot be reversed.
  5. Your NFT will start minting. Please wait patiently. After your NFT is successfully minted, you can view it from [Profile] - [My NFTs].

Final Thoughts

We look forward to you joining us on March 29 for Bicasso’s global launch. This AI NFT generator makes it easy to create original artwork even if you lack artistic skills or design knowledge. Simply select your preferences, and the machine-learning algorithm will generate a unique image for you. 

With Bicasso, you can then seamlessly mint your masterpiece as an NFT. We’re excited to provide our users with an accessible entry point into the world of digital art and NFTs, opening up new possibilities for creative expression.

Read more: https://www.binance.com/en/blog/nft/introducing-bicasso-an-innovative-ai-nft-generator-4798026733732236715

AI NFT
Comments

All Comments

Recommended for you

  • Instagram Head Mosseri: Public Discontent with AI May Intensify in Coming Years

    Adam Mosseri, the head of Instagram, recently stated that public anxiety, frustration, and dissatisfaction with artificial intelligence are expected to intensify in the coming years. This sentiment affects not only young people and those in the creative industry but also workers in other fields. In an interview on the Colin and Samir podcast, Mosseri discussed the controversies surrounding AI. He pointed out that concerns about AI encompass various aspects, including the use of original content to train AI models, personal safety, and the potential for job displacement by AI. He believes that these worries are rooted in a broader fear of being left behind in the wave of AI advancements.

  • AI Storage Demand Squeezes Apple's Upgrade Profits: 1TB Flash Memory Cost Rises to $192, Gross Margin Drops to 68%

    The competition for flash memory supply in AI data centers is undermining Apple's long-standing ability to generate high profits from storage upgrades in iPhones. In the iPhone 17 Pro era, consumers need to pay an additional $200 to upgrade from the base capacity to 512GB, while Apple's estimated additional storage cost is only $15, resulting in a difference of $185. By the time of the iPhone 18 Pro, the additional cost rises to $66, and the difference decreases to $134. The changes for the 1TB version are even more pronounced: the additional storage cost has increased from $42 to $192, and Apple has raised the upgrade price from $400 to $600, resulting in a difference after deducting the additional storage cost that has increased from $358 to $408, but the gross margin has dropped from approximately 89.5% to 68%. The estimated storage cost for the new 2TB version is as high as $450. As AI companies purchase flash memory in large quantities and suppliers gain more bargaining power, Apple is passing on some of the costs by raising prices, but the high profit margins from storage upgrades have been eroded.

  • Walsh: Federal Reserve Meeting Schedule to Change Next Fall, No Rate Vote in 2027

    On October 29, Federal Reserve Chair Walsh stated that the schedule for the Federal Open Market Committee will begin to change next fall. In 2027, there will be one meeting that will neither conduct a rate vote nor issue a policy statement. It is expected that there will be two FOMC meetings in 2028 that will not conduct a rate vote.

  • BTC Surpasses $81,000

    Market data shows that BTC has surpassed $81,000, currently priced at $81,001.26, with a 24-hour increase of 0.54%. The market is highly volatile, so please ensure proper risk management.

  • Bank of Canada Raises Interest Rate by 25 Basis Points as Expected

    On October 28, the Bank of Canada raised its benchmark interest rate from 2.25% to 2.50%, marking the first rate hike in over three years and aligning with market expectations.

  • Tether Launches FASE Foundation with 11 Partners

    On October 28, Tether announced the establishment of the FASE (Financial Access and Systemic Empowerment Foundation) in Switzerland, a nonprofit multi-stakeholder foundation focused on four key pillars: financial security, financial freedom and inclusion, connectivity and clean energy, and access to end medical resources, as well as responsible AI and robotics. Founding stakeholders include Anchorage Digital, Bitfury, Bybit, Chainalysis, Fasanara Capital, Kraken, Opera, Pave Bank, Prosper Global (formerly Mercy Corps), Solana Foundation, and Tether, with technical consulting provided by the United Nations Office on Drugs and Crime (UNODC). The first three projects include: forming a global youth alliance with the social enterprise Goodwall to provide digital education and fraud prevention tools to up to 10 million young people in high-risk areas in Africa, Latin America, and Southeast Asia; piloting stablecoin humanitarian aid with Prosper Global, initially covering up to 1 million people as a template for future crisis response; and expanding cybercrime prevention networks in Africa, Asia, and Central America based on existing collaboration with UNODC, along with partnering with the United Nations Trust Fund for Victims of Trafficking to fund NGOs that assist survivors of human trafficking. Tether CEO Paolo Ardoino stated that the most vulnerable populations have long been overlooked by traditional financial systems. Prior to the official launch, the founding members held a meeting in Lugano, Switzerland, to establish strategic priorities.

  • Morgan Stanley Warns S&P 500 May Drop Another 8%

    On October 28, Mike Wilson, Chief U.S. Equity Strategist at Morgan Stanley, stated in a client report that a combination of AI financing pressures, the U.S. midterm elections on November 3, and tightening financial conditions could push the S&P 500 index down to around 7100 points in the coming weeks, representing a decline of about 8% from recent levels. This would mark the largest adjustment since the market turmoil triggered by the Iran war earlier this year. The firm noted that approximately 60% of the Russell 3000 index components have fallen over 20% from their peaks since early June, and about 96% of semiconductor stocks have also declined by more than 20%. They anticipate that the semiconductor sector may drop an additional 10% to 15% before mid-November. Credit spreads on bonds related to data centers have widened, with CoreWeave's debt entering distressed territory this month. The Federal Reserve raised interest rates to 3.75% to 4.00% in September, leading to rising bond yields. The firm maintains a year-end target of 8000 points for the S&P 500 and a fundamental target of 8300 points over the next 12 months, noting that markets typically perform better after midterm elections, with data from 1950 to 2022 showing an average increase of about 8% in the three months following elections.

  • Israeli Parliamentary Election Vote Counting Completed, Netanyahu's Camp Currently Leads

    On the 28th local time, according to Israeli sources, the vote counting for this round of Israeli parliamentary elections has been completed. The Likud party, led by current Prime Minister Netanyahu, remains in the lead with the highest percentage of valid votes counted so far. The Likud party continues to be the largest party in the parliament. However, there is a deadlock in the allocation of seats between Netanyahu's right-wing camp and the opposition camp led by Esenkot, with no single camp able to directly reach the majority of seats required to form a government.

  • Anthropic IPO Filing Warns of Risks from Trump Administration Retaliation

    On October 28, Bloomberg reported that in its IPO filing, Anthropic warned that its public advocacy for AI safety regulation and statements from executives could expose the company to risks such as government pressure and selective scrutiny. The document stated that even if other similarly situated companies are not treated equally, Anthropic could still become a target for specific government agencies, a risk associated with the company's multiple conflicts with the Trump administration: one stemming from disputes over the requirement for the U.S. Department of Defense to set safety limits when using its AI technology, and another related to disagreements over the safety and export controls of the Mythos model. The filing also indicated that future government interventions, export restrictions, and cybersecurity or biosafety incidents triggered by AI models could affect its product deployment, international expansion, and business growth. Furthermore, if the regulatory measures advocated by the company are implemented, compliance costs would rise, product development and release would be restricted, and its growth could slow down. Anthropic publicly submitted its S-1 filing on October 26, intending to list on Nasdaq under the ticker ANT.

  • AI Simulation System Sim Fed Previews October Rate Meeting: Seven Votes, Five for Pause

    On October 28, ahead of the Federal Reserve's upcoming interest rate decision, an AI simulation decision-making system called Sim Fed completed seven simulated votes: five opted to maintain the current interest rate, while two supported a rate hike, aligning closely with the market's mainstream expectation of a pause this week. The system was developed by Tara Sinclair, chair of the economics department at George Washington University, and Sophia Kazinnik, a research scientist at Stanford University's Digital Economy Lab. The two invested approximately a year and a half into the project, with a preliminary research paper set to be published by the end of 2025. Researchers clarified that the aforementioned votes are results of a simulation experiment and do not reflect the Federal Reserve's actual decisions; the real monetary policy decision is expected to be announced at 2 AM Beijing time on October 29.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30
Dubai

Popular Tags

Cointime
News
Contents
RSS
Company