{"id":22454,"date":"2023-03-05T01:13:22","date_gmt":"2023-03-05T09:13:22","guid":{"rendered":"https:\/\/coinnetworknews.com\/bnb-chain-hackathon-winner-accuses-binance-of-stealing-ai-powered-nfts-idea\/"},"modified":"2023-03-05T01:13:22","modified_gmt":"2023-03-05T09:13:22","slug":"bnb-chain-hackathon-winner-accuses-binance-of-stealing-ai-powered-nfts-idea","status":"publish","type":"post","link":"https:\/\/coinnetworknews.com\/bnb-chain-hackathon-winner-accuses-binance-of-stealing-ai-powered-nfts-idea\/","title":{"rendered":"BNB Chain hackathon winner accuses Binance of stealing AI-powered NFTs idea"},"content":{"rendered":"
Crypto exchange Binance has been accused of \u201cblatantly\u201d copying the winner of the BNB Chain hackathon after launching Bicasso \u2014 an AI-based nonfungible token (NFT)<\/a> 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\u201319, 2022.<\/p>\n On March 1, Binance CEO Changpeng \u201cCZ\u201d Zhao announced<\/a> the launch of Bicasso, an artificial intelligence (AI) product that can be used to \u201cturn your creative visions into NFTs with AI.\u201d However, community member \u201cggoma\u201d believes Binance copied and promoted the Chatcasso project as its own.<\/p>\n “Keep building ” – @cz_binance<\/a> said.<\/p>\n What he DIDN’T say – “If you guys build it well, we’ll blatantly copy it and ship it as our product! “<\/p>\n Story of Binance stealing our project we won 1st place at the BNB Chain hackathon https:\/\/t.co\/ejc5Z7w9o1<\/a><\/p>\n \u2014 ggoma (@0xggoma) March 2, 2023<\/a><\/p><\/blockquote>\n Binance, on the other hand, dismissed the accusations of plagiarism. Speaking to Cointelegraph, a Binance spokesperson said Bicasso is an experimental project built by a small team at Binance as a test, and that NFTs and AI are common concepts worked on by many industry players.<\/p>\n Chatcasso won the first prize in the BNB Chain hackathon for creating an AI-powered tool for creating NFTs, receiving $5,000 in Binance USD (BUSD<\/a>). <\/p>\n\n