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In the precariousness of Web3 open-source code, iterative development and move fast ethos, things break

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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.

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