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Binance launches AI-powered NFT generator for KYC-verified users

Binance has launched an AI-powered NFT generator for KYC-verified users.

The generator is called Bixel and uses machine learning to create a unique representation of a user’s profile picture,

which can be kept or sold on Binance’s NFT marketplace.

According to Binance, users will be provided with 10 free chances to generate artwork using Bixel.

The generator is now permanently available for Binance users.

Bixel is an innovative AI NFT generator that allows users to create custom NFTs by completing the identity verification process (KYC) and paying a nominal 0.008 BNB fee.

Binance NFT allows its Bixel

On July 26, Binance NFT said its AI NFT generator, dubbed “Bixel” is now permanently available for its users.

According to the trading platform, the tool allows users to generate unique digital art and join the world of NFTs.

However, those who wish to use the tool are required to complete the platform’s Know Your Customer (KYC) identity verification process.

Binance explained :

“This critical measure is in place to maintain a trustworthy and secure platform for all users, aligning with best practices and regulatory requirements.”

how can users sell their generated NFTs on Binance?

To sell their generated NFTs on Binance, users can follow these steps:

  • Complete Identity Verification: Only verified users can create and sell NFTs on Binance.
  • Users need to complete the identity verification process before they can start selling their NFTs.
  • Access the NFT Marketplace: Users can navigate to the Binance NFT Marketplace on the Binance platform.
  • Choose the NFT to Sell: Users can select the NFT they want to sell from their collection.
  • They can go to their profile and click on “Collected” to find the NFT they want to list for sale.
  • Select the Selling Method: Binance NFT offers three ways to sell NFTs: Auction, Fixed Price, and Accept Offer.
  • Users can choose the selling method that suits their preferences.
  • Set the Listing Details: Users need to enter the listing details, including the price for fixed price listings or the starting bid for auction listings.
  • Submit the Listing: After setting the listing details, users can submit the listing for review by the Binance team.
  • The team will review the submission before listing it on the Binance NFT Marketplace.
  • Wait for Approval: Once the listing is submitted, users need to wait for the Binance team to review and approve the listing.
  • If the listing is approved, the NFT will be listed for sale on the marketplace.
  • Manage and Monitor Listings: Users can manage and monitor their listings on the Binance NFT Marketplace.
  • They can edit, delist, or update their listings as needed.

It’s important to note that Binance charges a low platform fee of 1% on the price of each NFT sold.

Additionally, creators receive a 1-10% royalty payment for any subsequent trading of their NFT on the platform.

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