Here’s what that means By Cointelegraph

By Admin On Jun 11, 2022 12

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

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.

Table of Contents

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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.

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Here’s what that means By Cointelegraph

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