December 21, 2024

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

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

Crypto change Binance has been accused of “blatantly” copying the winner of the BNB Chain hackathon after launching Bicasso — an AI-based nonfungible token (NFT) creation software. Binance allegedly ripped off a software created by Chatcasso simply 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, a synthetic intelligence (AI) product that can be utilized to “turn your creative visions into NFTs with AI.” Nonetheless, neighborhood member “ggoma” believes Binance copied and promoted the Chatcasso challenge as its personal.

Binance, then again, dismissed the accusations of plagiarism. Talking to Cointelegraph, a Binance spokesperson stated Bicasso is an experimental challenge constructed by a small crew at Binance as a take a look at, and that NFTs and AI are widespread ideas labored on by many trade gamers.

Chatcasso received the primary prize within the BNB Chain hackathon for creating an AI-powered software for creating NFTs, receiving $5,000 in Binance USD (BUSD).

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