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Per Woofun AI, Volcano Engine deployed the Seedance 2.0 mini video generation model on June 16 via its Volcano Ark Experience Center, with API services slated for imminent release. This cost-effective iteration targets high-concurrency scenarios such as e-commerce content creation and batch marketing material production.
Developed by ByteDance's Seed team, the model doubles generation speed relative to the Fast version while cutting costs by approximately 50% compared to the standard Seedance 2.0. Based on 720P specifications, the cost is roughly 0.5 yuan per second, with image-to-video pricing at 0.023 yuan per thousand tokens and video-to-video at 0.014 yuan, aiming to lower barriers for high-frequency usage.