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In the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collection, two NFT projects have emerged that provide almost the same or mirrored versions of the original BAYC NFT. NFT Market Opensea has removed NFT projects from the market because they violated copyright infringement rules.
2 Imitating the Boring Ape Yacht Club project caused a sensation
NFT fans have recently been discussing two controversial imitating NFT projects called PHAYC and PAYC (Phunky Ape Yacht Club).Two items introduce This Copycat version Part of Bored Ape Yacht Club (BAYC) NFT, these NFTs have been slightly modified or mirrored.
Essentially, the fake BAYC faces to the left instead of the right, and they have exactly the same profile picture as the original BAYC. When the PAYC project revealed its concept, it paid tribute to Cryptophunks, which is also a similarly styled imitation of the popular Cryptopunks NFT series.
“Once upon a time, Cryptophunks launched a war against the tyranny of the DMCA,” the creator of PAYC wrote on December 6. “We are joining this battle. It’s time to become clumsy. We are launching 10,000 hand-coded and phlipped NFTs.”
Another project, PHAYC, used to be cover Published on December 30th by Tracy Wang, the author of Coindesk. Wang elaborated that the PHAYC project “launched as a free mint to the first batch of 8,500 claimants on Tuesday night and generated approximately 60 Ethereum From the remaining 1,496 sales. “
The fight about which fake BAYC project was the first
In addition, PAYC and PHAYC have been arguing on Twitter which project is the true imitator of the popular BAYC NFT. “I was just told that a copycat PHAYC was launched after us. Has anyone heard of this blasphemy?” The PAYC project tweeted on December 29. Say:
I guess the first of you to have your own independent market will win. Winners can write history books and wish you luck.
Following Huge demand For the Cryptopunks (CP) and Bored Ape Yacht Club (BAYC) NFT in 2021, many non-original copycat ideas have been introduced, but none of them are almost identical, mirrored copies of the original.
Yuga Labs, the creator of BAYC owns the copyright of BAYC’s original works, and the artist can take legal action and submit a copy Digital Millennium Copyright Act claim. So far, in terms of quantity, both CP and BAYC are the most popular NFT collections.When CP is captured $2.98 billion In the historical trading volume, the original BAYC NFT series received 1.04 billion U.S. dollars in trading volume.
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What do you think of the 2 imitated BAYC NFT projects? Please tell us your thoughts on this topic in the comments section below.
Jamie Redman
Jamie Redman is the head of news at Bitcoin.com News and a fintech reporter living in Florida. Since 2011, Redman has been an active member of the cryptocurrency community. He is passionate about Bitcoin, open source code and decentralized applications. Since September 2015, Redman has written more than 5,000 articles about destructive protocols emerging today for Bitcoin.com News.
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