Binance's New AI NFT Tool Bicasso Accused of Copying Chatcasso

Binance is facing accusations of plagiarism after the launch of Bicasso, an AI-based nonfungible token (NFT) creation tool. The controversy ignited after Binance revealed Bicasso in March, sparking debate within the crypto and NFT community.

Did Binance Copy Chatcasso's AI NFT Idea?

The co-founder of Chatcasso has accused Binance of ripping off the idea behind its AI-NFT platform. Tldr; Bitcoin exchange Binance has been accused of copying the idea of an AI-powered NFT creation tool created by Chatcasso, the winner of the BNB Chain hackathon. Binance's Bicasso allows users to generate NFTs using AI technology, but the similarities to Chatcasso have raised concerns.

Prominent Designer Alleges Copying

A prominent Korean designer, Cho Young-hwi, took to Twitter and accused the CZ-led platform of “copying” his product. The designer claimed that Bicasso was a direct imitation of his own work, further fueling the controversy surrounding Binance's new tool.

BNB Chain Hackathon Connection

The accusations are particularly significant because Chatcasso presented their AI-powered NFT platform at a recent BNB Chain hackathon. The co-founder of Chatcasso has accused Binance of ripping off the idea behind the artificial intelligence NFT platform after it was presented in a recent BNB Chain event. This connection raises questions about potential access to Chatcasso's intellectual property.

This is a developing story, and we will continue to update this page with more information as it becomes available.