Steemhunt, a Korean steam blockchain-based community platform, has alleged that Binance, the world's largest cryptocurrency exchange, plagiarized their product concept for Chatcasso to introduce Bicasso, the exchange's AI offering.

  On March 2, Changpeng Zhao, CEO of Binance, unveiled the release of Bicasso - a novel non-fungible token (NFT) platform that integrates artificial intelligence (AI).   

  According to Steemhunt member ggoma @0xggoma, during the BNB Chain hackathon held in Seoul in December 2022, the team proposed the idea for Chatcasso. Chatcasso claimed the first prize in the hackathon and was awarded the winning amount of $5,000.

"Our product was http://Chatcasso.com. It's a tool that 'You can turn your creative visions into NFTs with AI.' BNB Chain interviewed us after the hackathon.  We were ecstatic, to say the least. We thought our hard work paid off, and that we had a great product foundation we could keep building on. But it seems like Binance had other plans," ggoma said, "Two months later, Binance launches a new AI product called Bicasso. It's a tool that 'You can turn your creative visions into NFTs with AI.'"

ggoma voiced discontentment with Binance's action and complained that the similarity in the product names and features will confuse users and hamper the growth of their innovation. "Who would feel safe entering a hackathon? " ggoma questioned.

As of press time, Binance and CEO Changpeng Zhao have not yet responded to the accusations.