BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea

Cointelegraph

Published Mar 05, 2023 03:05AM ET

Updated Mar 05, 2023 04:40AM ET

Crypto exchange Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation tool. Binance allegedly ripped off a tool created by Chatcasso just two months after awarding them first prize in a BNB Chain hackathon held in Seoul from Dec. 17–19, 2022.

On March 1, Binance CEO Changpeng “CZ” Zhao announced the launch of Bicasso, an artificial intelligence (AI) product that can be used to “turn your creative visions into NFTs with AI.” However, community member “ggoma” believes Binance copied and promoted the Chatcasso project as its own.

Chatcasso won first prize at the December 2022 BNB Chain hackathon in Seoul. Source: Twitter
Screenshots showing similarities between Chatcasso and Bicasso platforms. Source: Twitter

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