Volcano Engine launches Seedance2.0 mini video generation model, with a single second generation cost of approximately 0.5 yuan According to Beating monitoring, on June 16th, Volcano Engine's Volcano Ark Experience Center launched the Seedance 2.0 mini video generation model and plans to launch API services in the near future. As a cost-effective version, this model is mainly designed for large-scale video production scenarios that require high concurrency and throughput, such as e-commerce material generation, short dramas, and mass production of marketing content. Seedance is a series of video generation models developed by the ByteDance Seed team. Official data shows that Seedance 2.0 mini not only ensures output quality, but also generates twice as fast as Fast versions in the same series, while reducing generation costs by about 50% compared to Seedance 2.0 Standard Edition. According to the 720P specification, the generation cost per second is approximately 0.5 yuan. In terms of billing standards, Seedance 2.0 mini is priced at 0.023 yuan/thousand tokens for image generated videos and 0.014 yuan/thousand tokens for video generated videos. This version aims to reduce the trial and error and production threshold in high-frequency video generation scenarios. [Original link]