--- title: "Knockoff eBay NFTs Are Kind of Based, Actually" description: "Non-fungible tokens (NFTs) are now for sale on eBay — and, unsurprisingly, a lot of them are ripoffs." date: "2022-03-02" modified: "2022-03-02" authors: - name: "Noor Al-Sibai" job_title: "Senior Staff Writer" link: "https://futurism.com/authors/nooralsibai" url: "https://futurism.com/knockoff-ebay-nfts" categories: - "Blockchain" - "Future Society" - "NFTs" tags: - "bored apes" - "eBay" - "nfts" - "the blockchain" --- # Knockoff eBay NFTs Are Kind of Based, Actually ![Non-fungible tokens (NFTs) are now for sale on eBay — and, unsurprisingly, a lot of them are ripoffs.]() *\Image: Futurism\* Auction website eBay is [quietly ]()[becoming]() a major NFT marketplace. And, unsurprisingly, a lot of the NFTs being sold on the platform are complete scams, blockchain blog [*CryptoSlate* reports]() — well, kind of. NFTs on eBay's marketplace range from a [basic pop art portrait of Elon Musk](), one of which sold for $7,500, to "Bored Ape Yacht Club" (BAYC) knockoffs being sold at a huge markup. Some of these "Bored Ape" NFTs are being sold for [as much as $47]() on eBay, a hefty premium considering that similar NFTs are being [sold for the equivalent of just $2]() on mainstream NFT marketplace OpenSea. There's one big catch, though: many of eBay's "Bored Apes" are actually "Sweet Apes," an entirely different collection of NFTs, as *CryptoSlate* points out, that shamelessly knock off the real thing hook, line, and sinker. Sweet Apes are also being [sold through OpenSea](), where they're described as "sharpened 4K versions" of the real thing that have "no affiliation with the original institutions and people." In other words, they're the NFT equivalent of a knockoff Gucci handbag and aren't part of the official BAYC [collection on OpenSea]() — some of which are now [valued upwards of a million dollars]() thanks to enormous amounts of hype and [celebrity endorsements](). But if you're in it for Bored Ape*-style* art, regardless of its actual legitimacy, some of them being offered on eBay are a steal — almost literally, in this case. In other words, *CryptoSlate* appears to have stumbled upon some of the most salient questions in the burgeoning NFT market with its investigation. Do our real-world definitions of counterfeiting or knocking off actually apply to art generated by algorithms? Is a digital file marked up from $2 to $47 really "marked up" when the original is incredibly overvalued in the first place? Besides, does any of this actually count as art in either a traditional or postmodern sense? In eBay's defense, the "Apes" being sold on its platform aren't too different from the [myriad of other fake products]() its users buy and sell. And as long as they know the product isn't real, it's a pretty interesting exploration of issues around authenticity, counterfeiting, and digital media. While we don't have the answers to these questions for now, we get to point and [laugh at those who are mad]() that their uber-expensive jpgs now have cheapo ripoffs. **READ MORE:** [“Bored Ape Yacht Club” NFTs selling on eBay for less than $50, what’s the catch?]() \[*CryptoSlate*\] **More on NFT scams:** *[NFT Buyers Furious After Art They Spent $70 Million Turned Out To Be Completely Hideous]()* ## Author At Futurism, I've often been drawn to unpacking the narratives that underlie technological, scientific and medical progress, with a special interest in areas of conflict and ambiguity that end up setting agendas and steering the fates of both elites and the hoi polloi. I'm a committed generalist, but I often find myself returning to work involving NASA and the private space sector, the effects of AI on media and society, and the mechanics of the pharmaceutical industry, with a specific focus on the spread of GLP-1 drugs like Ozempic and Wegovy. Prior to Futurism, I worked for publications ranging from Media Matters and Truthdig to Raw Story and Bustle. I'm also the author of "Myspace Scene Queens," a 2024 title in Instar Books' acclaimed "Remember the Internet" series. My work at Futurism has been cited by outlets including the New Yorker, Slate, Nieman Lab, the Verge, the MIT Technology Review, the Sunday Times, and the Daily Beast. I grew up in North Carolina, attended the University of North Carolina at Asheville, and now live in Brooklyn, New York. In my free time, I'm an avid reader and music fan; you can probably find me at a local poetry reading, concert, underground rave, or DJ set. I'm the proud parent of an ineffable orange cat named Mee-Mow. ### Author social links [Bluesky]()