3 ms·
Its not a copyright issue. Derivative works are legal. Bored Apes even understands that and isn't embarrassing themselves over a copyright battle because the pr
by vmception 5y ago
Its not a copyright issue. Derivative works are legal. Bored Apes even understands that and isn't embarrassing themselves over a copyright battle because the precedent is clear, they never even contacted them.
Its these two copycats fighting with each other and being silly.
For the consumer/investor, none of this matters because the technology solves the problem here. It is extremely easy to prove which one is the real Bored Ape (none of these two), and it is easy to prove that the one in the consumer's possession is a real one too (appraisers and insurance and distrust in the marketplace is disintermediated). Its all about the transaction hash which cannot be modified, it isn't about the image. Its just being in the collection.
It really is just irrelevant drama that has nothing to do with NFTs or copyright. One of the copycats made 7 figures from sales, for who knows what reason, hundreds of people paying a few hundred dollars and taking a bet. Good for them, yes this is something you can do, or you can just assume its "all wash trading" (something other non-player characters say). Doesn't really matter.