You can now clone NFTs as ‘Mimics’: Here’s what that means By Cointelegraph

You can now clone NFTs as ‘Mimics’: Here’s what that means

Published May 31, 2022 09:43AM ET Updated Jun 11, 2022 01:40AM ET

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You can now clone NFTs as ‘Mimics’: Here’s what that means

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In the precariousness of Web3 open-source code, iterative development and move fast ethos, things break. And through breaking, things are also made. A new project allows anyone to create a copy of someone elses NFT, aptly named Mimics.

But how does Mimics work, and what does it mean for the NFT art market to have a new variety of fakes? And will it result in token standards being upgraded and improved?

Artists impression of how Mimics works with CryptoPunks and Bored Apes.

Stealing your NFTs

The tokenUri NFT metadata. Source: Coinmonks

Joni Pirovich on LinkedIn.

Into the code

Mimicologists Guide docs.

OpenSea Contract Address

What does this mean?

Bored Ape Yacht Club auction on the OpenSea NFT marketplace. Source: OpenSea

Setting a standard:

Mooncat #24916: MrFahrenheit.eth Source: OpenSea

Tool to search registered ENS names by @BokkyPoobah.

Continue Reading on Coin Telegraph

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