The non-fungible token (NFT) marketplace on Coinbase, a popular cryptocurrency exchange, has recently unveiled a new AI-generated NFT feature. This new feature, known as “Instamint,” allows users to create NFTs using artificial intelligence (AI).

For a limited time, Coinbase is offering a free NFT transaction experience, with users only needing to pay Ethereum gas fees to cover the cost of recording transactions on the blockchain. The Instamint tool is currently in beta version, providing users with the opportunity to generate their own AI-generated NFTs.

Create Your Own AI-Generated NFT with Coinbase NFT Instamint

To create an AI-generated NFT on Coinbase, users simply need to upload an image from which the token will be created. They can then provide a name, description, and price (starting from $0.01) for the NFT.

It is worth noting that Coinbase is not the only exchange embracing AI technologies. Binance, another major cryptocurrency exchange, introduced Binance Bicasso in the previous year. This AI NFT generator allows users to create personalized digital artwork using text or images, showcasing the industry’s commitment to leveraging AI’s potential.

In May 2022, Coinbase announced the launch of its NFT platform, offering users the ability to issue, purchase, and display collectible digital assets. With the introduction of the AI-generated NFT feature, Coinbase continues to innovate and provide new opportunities for users to engage with the world of NFTs.

For more information on the latest developments in the cryptocurrency industry, stay tuned to Global Crypto News.

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