Binance Launches AI Based NFT Generator
Binance launches 'Bixel', an AI tool for creating unique artwork and NFTs, amidst controversy.
Binance, a crypto exchange, has launched a tool called "Bixel". This tool uses artificial intelligence (AI) to help users create unique artwork.
Binance announced on Wednesday that users can now use Bixel whenever they want. However, there are rules. Each day, users can create 10 artworks for free, but they must first complete the platform's identity verification process. Binance further assured that this is to keep the platform safe for everyone.
If users want to create non-fungible tokens (NFTs) with Bixel, they must pay a fee of 0.008 BNB ($1.9).This fee will help the NFT creation process on the BNB Smart Chain. The beta version of the AI NFT generator, called "Bicasso", was launched on March 1.
But not everyone is happy with Binance. After the launch of Bicasso, Binance was criticized for stealing the idea from a project that won a BNB Chain hackathon. However, Binance denied these claims, saying Bicasso was developed before the hackathon.
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