Artificial Intelligence (AI) has been making waves in various industries, including the world of Web3. Binance, the world’s largest cryptocurrency exchange, has recently released Bicasso, a free AI-assisted avatar-making tool. The tool, which was initially available only to limited users, quickly gained attention, with heavy user loads causing the website to struggle. Now, after a successful trial run, Binance is unlocking the NFT AI service for an additional 100,000 users.
The Bicasso NFT AI service will be available for 12 hours from March 29 to March 30, and it will be offered on a first-come, first-served basis for both new and existing users. The service has been in beta since March 1, and its popularity has skyrocketed, with users minting 10,000 NFTs just three hours after launch. Binance is now opening the tool to the world to celebrate its global launch.
To mark the occasion, Binance is launching an exclusive Bicasso NFT collection featuring 500 unique AI-generated cats and dogs. Users who are part of Binance’s referral program will receive these NFTs as awards. The Bicasso NFT collection offers users various perks, such as guaranteed access to one free minting opportunity during the global launch and Binance Beta Tester Membership.
While Binance is celebrating the launch of its NFT AI service, it is also facing a potentially fatal lawsuit from a major US regulator, which alleges that Binance has been operating illegally in the US. However, this doesn’t seem to have dampened Binance’s spirits, as the exchange continues to innovate and adapt to the latest trends, such as the use of AI in NFT creation.
The Bicasso NFT AI service is a prime example of how AI is being leveraged to revolutionize the world of Web3. Projects like ChatGPT and Midjourney have already shown the potential of AI, and Binance’s latest release further demonstrates the exchange’s readiness to adapt to new trends and drive the adoption of Web3. As the world continues to embrace the potential of AI, we can expect to see more exciting developments in the world of NFTs and beyond.
