Amid the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have emerged offering nearly identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market due to copyright infringement. 2 Copycat Bored Ape Yacht Club Projects Are Causing a Buzz NFT fans have recently been discussing two controversial copycat NFT projects called PHAYC and PAYC (Phunky Ape Yacht Club). The two projects introduced copycat versions of Bored Ape Yacht Club (BAYC) NFTs that were slightly altered or mirrored. Essentially, the fake BAYCs point left instead of right, and they...
Amid the hype surrounding the Bored Ape Yacht Club (BAYC) non-fungible token (NFT) collectibles, two NFT projects have emerged offering nearly identical or mirrored versions of the original BAYC NFTs. The NFT marketplace Opensea has removed the NFT projects from the market due to copyright infringement.
NFT fans have recently been discussing two controversial copycat NFT projects called PHAYC and PAYC (Phunky Ape Yacht Club). The two projects introduced the Copycat versions of Bored Ape Yacht Club (BAYC) NFTs that have been slightly altered or mirrored.
Essentially, the fake BAYCs face left instead of right, and they share exactly the same avatars as BAYC originals. When the PAYC project revealed its concept, it paid homage to Cryptophunks, which were also similarly styled copycat versions of the popular Cryptopunks NFT collection.
“Once upon a time, the Cryptophunks waged war against the tyranny of DMCA,” the PAYC creators wrote on December 6th. "We're joining the fight. It's time to get phunky. We're launching 10,000 hand-coded and philipped NFTs."
The other project, PHAYC, was covered by Coindesk writer Tracy Wang on December 30th. Wang elaborated that the PHAYC project “launched on Tuesday evening as a free mint for the first 8,500 applicants and generated about 60 ETH of the remaining 1,496 sales.”
Additionally, both PAYC and PHAYC have argued on Twitter about which project is the true copycat of the popular BAYC NFTs. "I was just informed that there is a copycat of PHAYC that started after us. Has anyone else heard of this blasphemy?" The PAYC Project tweeted on December 29th. One person replied and said:
I think the first one of you with your own independent market wins. Winners get to write the history books, good luck.
After significant demand For Cryptopunks (CP) and Bored Ape Yacht Club (BAYC) NFTs in 2021, a number of unoriginal copycat ideas were launched, but none of them were nearly identical, mirrored copies of the originals.
Yuga Labs, the makers of BAYC, have the copyright to BAYC's original artwork and the artists may pursue and file legal action DMCA claim. To date, both CP and BAYC have been the most popular NFT collections by volume. While CP was captured $2.98 billion In total volume, the original BAYC NFT collection achieved a volume of $1.04 billion.
What do you think of the 2 copycat BAYC NFT projects? Let us know your thoughts on this topic in the comments below.
Photo credits: Shutterstock, Pixabay, Wiki Commons
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