@KnockoffNFT is an #NFT project that allows you to copy any ERC721 token. So if you're favorite Ape is too expensive, you missed out on the latest drop, or a scammer stole your PFP, just create a knockoff for free!
"Knockoff" NFT profile pictures are going to be a hilarious lesson for NFT bros: almost no one, in the history of crypto{graphy|currency}, checks keys.
No one will notice the difference between your $17,000 per KB Ape NFT and a $200 knock off. And there's no easy fix.
Hey @knockoffNFT, did @moxie create a knockoff of your knockoff page here https://t.co/u3x5OCMrOx ?
"Derivative" might be a superior term to "knockoff" marketing wise, but I am not a marketing guy
So while my NFT obviously lacks the provenance, it's still a valid copy. What matters with NFT is not copyright, what matters is what @mmasnick calls "quantifying hipsterism". But everyone knows that knock-off can be cool too, right?
I'd argue that it isn't, because it is minted with the same metadata, and it is linking to the "original" IPFS location. So it's not a copy of the NFT, it just uses the fact that the NFT is mostly metadata and a link. It's not even a communication to the public 🤖