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Bicasso – How digital artists benefit from Binance's new AI product

Joachim Rodriguez y Romero
Joachim Rodriguez y Romero

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The use of artificial intelligence (AI) has increased significantly in recent months. This is primarily due to the popularity of AI-based chatbots like ChatGPT , which have attracted considerable attention because of their advanced capabilities.

ChatGPT has put the AI ​​industry in the spotlight and paved the way for other AI-powered products that became hits immediately upon release.

The spread of AI is now ubiquitous and has also spawned other products such as Dawn AI , which enables the generation of art .

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The launch of a new AI product from Binance

Binance , a leading crypto exchange, has joined the trend and its first AI-based product, Bicasso . Bicasso's user-friendly interface allows users to create images and videos. The success of Bicasso demonstrates the enormous potential of AI across various industries, and its widespread adoption is expected to continue.

Binance announces the launch of its new AI-based platform, Bicasso
Binance announces the launch of its new AI-based platform Bicasso.
Read the full tweet on Twitter.

Several prominent members of the cryptocurrency community quickly jumped on the Bicasso bandwagon, proudly showcasing their NFTs on Twitter to express their appreciation for the inventor. This included the owner of Bored Ape #3553, who created a Bicasso NFT avatar with shimmering golden fur and eyes.

Last Wednesday, Binance CEO Changpeng Zhao , also known as “CZ” , announced the launch of Bicasso on Twitter. This is an innovative, artificial intelligence -based platform that allows users to transform their creative ideas into NFTs (non-fungible tokens).

Official tweet from the Binance CEO regarding the launch of Bicasso
Official tweet from the Binance CEO regarding the launch of Bicasso.
Read the full tweet on Twitter.

Bicasso managed 10,000 NFTs . CZ was impressed by the platform's rapid performance but noted that the AI ​​was slightly overwhelmed during the process. The generated images are not currently available for sale, as they were only part of the platform's limited beta phase.

There are already 9,909 Bicasso NFT owners who have minted at least one NFT. Those interested who missed the beta offer can join the waiting list for the full version. Click here to go directly to the Bicasso registration page .

Registration page for Bicasso on Binance
Registration page for Bicasso on Binance

A word on the current state of the NFT market

The NFT market has experienced strong growth in many respects, particularly due to the emergence of AI-powered NFTs . According to Coinmarketcap ( Block Time reported), the market capitalization of NFTs now exceeds $615 million , and transactions worth $96.7 million were conducted in the last 24 hours.

Although this represents a significant increase compared to the previous year, it still falls far short of the record-breaking peak of US$48.6 billion. The figures speak for themselves and underscore the enormous potential of the NFT market .

How can (digital) artists benefit from Bicasso?

Artists – especially digital artists – can gain many advantages by using the Bicasso platform. Bicasso offers artists the opportunity to create and showcase their artwork as an NFT (New Film Format) and to connect with like-minded artists.

AI tool creative ideas into NFTs (non-fungible tokens) and then market them (e.g., on Twitter and other platforms) in a way that is unprecedented in its simplicity.

The platform helps artists expand their audience and increase their income.

to what extent this will actually lead to sustainable income streams for creative professionals . Even though the initial hype surrounding NFTs has subsided, the industry is now showing signs of stabilizing at a relatively attractive level and constitutes a substantial market.

Certainly, not every type of art will be successfully marketable with this, but a closer look at Bicasso is definitely worthwhile.

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Living from art

A fundamental need for every artistically creative person is likely to be the ability to live off their art.

To secure one's own existence, it is essential to earn money with art. In fact, nowadays—contrary to the majority perception—many artists can live well from their creative work. Nevertheless, a significant majority of all freelance artists still rely on additional sources of income (e.g., teaching courses, commissioned work, side jobs, etc.).

Recognition as an artist often does not bring immediate financial security. Therefore, artists are often also life artists.

The opportunities to make a living from one's own art have, however, grown significantly due to the internet and social media. As an artist, however, you must be versatile and flexible to succeed. A certain degree of perseverance is also essential.

Customer relations and self-marketing are also important pillars for success as an artist .

In this section, we compile numerous articles, information, tips, and advice to help you make a living from your art.

AI Art – Art and Artificial Intelligence

In this magazine section, you will find numerous reports and articles about the use of artificial intelligence (AI) in art, design and architecture.

It's not just about the question of how AI can be used in these areas, but also about the impact this has on creative creation.

For while some experts believe that the use of AI will lead to a revolution in art and design, there are also voices from within the industry itself that are skeptical of AI art and AI-powered image generators.

An early example from 2016 of the use of AI in art is the project “The Next Rembrandt” . Here, software was developed that created a new painting in the style of the Dutch painter based on data analysis – without human intervention.

The result was surprisingly realistic and clearly demonstrated the potential of this technology even back then.

What does this development mean for traditional crafts? Will they become obsolete or can new opportunities be created?

These questions occupy many people both within and outside the industry alike.

In any case, the connection between art and artificial intelligence offers us exciting insights into possible future scenarios.

We warmly invite you to embark on an adventure of discovery with us!

Design and Decor Highlights