Chinese NFT project Bored Wukong attracted its fair share of bad publicity last week, following plagiarism accusations that started circulating on popular messaging app WeChat, reported South China Morning Post.
Accused of plagiarizing Bored Ape Yacht Club (BAYC), Bored Wukong creator Wang Wendong insists that the art is original and that his monkeys have no connection to Yuga Labs’ apes.
The article, which received more than 243,000 views on the popular messaging app WeChat, was cited by several Chinese news outlets. In it, the authors called out Bored Wukong for appropriating design elements, such as the facial features of Bored Apes.
According to the project’s website, Wang Wendong is a lecturer at the Central Academy of Fine Arts in Beijing. Wendong’s NFT collection in question features different impersonations of Sun Wukong, or Monkey King–a legendary character from the classical Chinese novel “Journey to the West.”
The artist defended his NFT avatars on WeChat, arguing that the face shape of his monkeys is different from that of Bored Apes, as he claimed to have manually drawn each of them–making sure that every monkey comes with unique swag.
In line with most NFT avatar projects out there, Bored Wukongs come in different, personalized styles.
Bored Wukong NFTs listed on NFTCN (China Morning Post)
The first Bored Wukong avatar was purchased last November for 99 yuan ($15). According to the item’s transaction history on the Chinese NFT marketplace NFTCN, the NFT was resold in December for 1,888 yuan ($297) and is currently listed for sale at 8,888,888 yuan ($13,985,25).
Thus far, Wendong has released 390 Bored Wukongs and climbed the ladder on the Chinese NFT marketplace–currently ranking as the second most popular creator on NFTCN by transaction volume, South China Morning Post pointed out.
China is apparently not lagging behind when it comes to following the NFT market trends.
Avatar NFTs currently represent the largest sub-sector within the NFT market. They account for roughly $8 billion of the 18 billion dollar market capitalization, according to market intelligence firm Messari.
NFT market capitalization by category (Messari)
Meanwhile, the identity of pseudonymous creators behind the mega-popular BAYC collection of 10,000 unique NFT avatars that surpassed $1.3 billion in trading volume became known.
Some of the BAYC NFTs currently listed on OpenSea (OpenSea)
Featuring a summary of the most important daily stories in the world of crypto, DeFi, NFTs and more.
Get an edge on the cryptoasset market
Access more crypto insights and context in every article as a paid member of CryptoSlate Edge.
Join now for $19/month Explore all benefits