Fake artwork and goods have existed long before NFTs, yet it is still astonishing how much clones of popular projects go for these days. What, if any, value can they provide to the buyer? (via CointelegraphZN)
, which leaps from the original CryptoPunks to a familiar McDonalds-themed band of misfits. One collection also raised $574,000 for the Ronald McDonald House in the U.S., a charity for sick kids.There’s a genius to his creations, along with some luck. Bitcoin crashed in May 2021, “so memes of holders of Bitcoin having to go back to McDonald’s to work went viral… which made it a popular series,” he says fortuitously. “I was making them by hand.
He was a fan of CryptoPunks but “couldn’t afford them, so I thought I could make some for myself.” His creations “turned out pretty ugly looking, and this gave me the idea of being a ‘bastard,’ a new generation born from cool looking, ‘elite’ parents. I started being goofy and created a persona concept around them with silly descriptions.”
Communities built on Discord groups are important for NFT projects. Carefully curated plot lines are crafted so the NFTs don’t just emerge out of nowhere. Discord groups operate for the crypto native fans of an artist. Drop in one. There are certainly some very obsessive or perhaps devoted people waiting for news of new art or a possible airdrop.
“Chunke Monke” is now a vocal critic of Big Tech. He stumbled his way into crypto and NFTs after his last startup failed, and he found Web 3.0 particularly alluring. According to Chunke Monke, a clone NFT trademarking their clone NFT is an affront to open source innovation and “derivative creative possibilities,” but the doxing of his true identity scared him. Such is the extreme passion in this space.“I’ve seen many Clone NFTs Discords. They are not fun.
Like “TradArt,” or traditional art, it’s not winner takes all. There are many competitors and much space for many winners and losers. “NFTS will be here as long as the blockchains last,” says PooBah. The copyright arguments are there, but “going against clones is against open source a little.”
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