Chain News Today TheBitTimes.com

The luxury auction house has developed a fully on-chain sales system where users can purchase curated NFTs on the Ethereum and Polygon networks. Luxury auction house Sotheby’s has announced the addition of a new on-chain marketplace that allows digital art collectors to purchase secondary NFTs. While many pre-existing NFT marketplaces already host peer-to-peer sales of digital artworks — the auction house is attempting to separate itself by offering a “rotating, curated selection of leading artists hand-picked by Sotheby’s specialists.” The next evolution of #SothebysMetaverse is here! The most trusted and dynamic destination to collect, buy and sell remarkable digital works. Explore: https://t.co/hZvYIkO3xx pic.twitter.com/dCkaCKlXVm — Sotheby's Metaverse (@Sothebysverse) May 1, 2023 All NFT sales on the Sotheby's Metaverse platform occur by way of sm Art contracts that allow digital Art collectors to pay for their Art and collectibles in a choice of Ether (ETH) or Polygon...

In the limited beta, Bicasso was taking user-submitted profile pictures and turning them into a work of digital art in seconds. Binance’s newly launched artificial intelligence-powered nonfungible token (NFT) generator has been churning out digital art at full capacity, reaching a cap of 10,000 NFT mints in just 2.5 hours after launch. On Mar. 1, the world’s largest crypto exchange Binance launched an AI-powered NFT generator called “Bicasso” in beta. Binance CEO Changpeng Zhao told users “you can turn your creative visions into NFTs with AI,” following it up a couple of hours later with “Bicasso first pilot just completed with 10K NFT minted in 2.5 hours. The AI was a little stressed out, but caught its [breath] now.” BICASSO first pilot just completed with 10K NFT minted in 2.5 hours. The AI was a little stressed out, but caught its breathe now. https://t.co/BBRevAdIUc — CZ Binance (@cz_binance) March 1, 2023 The system is an AI-powered image-generation tool similar to AI-...