Korea-based Steemhunt accuses Binance of copying Chatcasso to launch Bicasso

Korea-based Steemhunt has accused Binance of stealing their merchandise thought for Chatcasso to motorboat the exchange’s AI product- Bicasso.

Leading crypto speech Binance launched the beta mentation of Bicasso connected March 1. The AI merchandise was designed to let users to easy crook their images and texts into NFTs utilizing AI technology.

Binance accused of copying Chatcasso

According to Steemhunt member- ggoma, the squad pitched the thought for Chatcasso during the BNB Chain hackathon held successful Seoul backmost successful December 2022.

Chatcasso won archetypal spot successful the BNB hackathon and received the winning terms of $5,000.

“We were ecstatic, to accidental the least. We thought our hard enactment paid off, and that we had a large merchandise instauration we could support gathering on.
But it seems similar Binance had different plans,” ggoma said.

Barely 2 months after, Binance allegedly copied Steemhunt’s merchandise thought and motorboat their AI product- Bicasso.

Chatcasso vs Bicasso

Ggoma expressed dissatisfaction with Binance’s determination and complained that the similarity successful the merchandise names and features volition confuse users and hamper the maturation of their innovation.

The Steemhunt squad has called connected Binance and its CEO Chengpeng Zhao to instrumentality the indispensable steps to close their wrongs.

Credit should beryllium fixed to Steemhunt

Members of the crypto assemblage person expressed dissatisfaction implicit Binance’s attack to launching Bicasso.

Some Twitter users said that Binance should person astatine slightest fixed owed designation and recognition to the squad earlier copying their idea.

A Twitter user- Zilliboka- said that tiny businesses merit to beryllium protected to debar cases of stealing their ideas without compensation.

“Small businesses merit extortion and people’s ideas should beryllium respected. If not innovation volition suffer,” helium added.

Some users person besides stated they would not enactment Binance and its Bicasso task owed to Chatcasso’s claim.

As of property time, neither Binance nor its CEO Changpeng Zhao has responded to the nationalist allegations trailing Bicasso’s launch.

The station Korea-based Steemhunt accuses Binance of copying Chatcasso to motorboat Bicasso appeared archetypal connected CryptoSlate.