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Amid the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible tokenized (NFT) collectibles, two NFT projects have emerged offering nearly identical or mirrored versions of the original BAYC NFTs. NFT Marketplace Opensea has taken NFT projects off the market for breaking the rules against copyright infringement.
2 Copycat Bored Ape Yacht Club projects are causing a stir
Lately, NFT fans have been discussing two controversial NFT copy projects called PHAYC and PAYC (Phunky Ape Yacht Club). Both projects introduced the copied versions of the NFT Bored Ape Yacht Club (BAYC) which have been slightly modified or mirrored.
Essentially, the fake BAYCs face left instead of right, and they share the exact same avatars as the originals BAYC. When Project PAYC revealed their concept, it paid homage to the Cryptophunks, which were also similar and copied versions of the popular Cryptopunks NFT collection.
“Once upon a time, the Cryptophunks waged war on the tyranny of the DMCA,” the creators of PAYC wrote on December 6. “We are joining the battle. It’s time to get dapper. We are launching 10,000 hand-coded and phlipped NFTs. “
The other project, PHAYC, was covered by Coindesk author Tracy Wang on December 30. Wang detailed that the PHAYC project “kicked off Tuesday night as a free mint for the first 8,500 applicants and generated around ETH 60 out of the remaining 1,496 sales.”
The battle for which the Phony BAYC project was the first
Additionally, PAYC and PHAYC have been battling on Twitter over which project is the true imitator of the popular NFT BAYCs. “I have just been informed that there is a PHAYC copier that was launched after us. Anyone else heard of this profanity? The PAYC project tweeted on December 29. declared:
Guess the first of you with your own independent market wins. The winners have the chance to write the history books.
Following strong demand from NFT Cryptopunks (CP) and Bored Ape Yacht Club (BAYC) in 2021, a number of non-original copy ideas were launched, but none of them were mirror copies. almost identical to the originals.
Yuga Labs, the creators of BAYC protected the copyright on the original BAYC work, and the artists could take legal action and file a DMCA claim. To date, CP and BAYC have been the most popular NFT collections in terms of volume. While CP captured $ 2.98 billion in absolute volume, BAYC NFT’s original collection got $ 1.04 billion in volume.
Tags in this story BAYC, BAYC Fakes, BAYC Phonies, BAYC Phony, Bored Ape Yacht Club, Copiers, Copyright Infringement, Cryptopunks (CP), DMCA, nft, Industrie NFT, NFT, Opensea, PAYC, PHAYC, Yugo Labs
What do you think of the 2 BAYC NFT copycat projects? Let us know what you think of this topic in the comments section below.
Jamie redman
Image credits: Shutterstock, Pixabay, Wiki Commons
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