the latest news in NFTs + crypto art + web3
As Yuga Labs prepares to mint new NFTs related to “The Trial of Jimmy” in January, its co-founders Wylie Aronow and Greg Solano may be having trials of their own in the form of depositions conducted by Ryder Ripps, the person who has waged a campaign against them alleging that they “are intentionally embedding Nazi dog whistles throughout their project.”
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Top 10 Web3 NFT Moments in 2022 10. The crypto winter decimates NFT sales + crypto 9. Yuga Labs secures $450M seed funding led by a16z 8. Reddit launches 5m NFTs for avatars for users 7. Terra LUNA implodes, causing Cryptocurrency Contagion 6. Yuga Labs sues Ryder Ripps; Ryder Ripps sues Yuga Labs 5. Upstart…
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*COI disclosure: I own two NFTs from Yuga Labs, but not from BAYC.
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Court holds Ripps’ use of Bored Apes TMs has no artistic relevance, is explicitly misleading, and is not protected under the Rogers test Court holds that Ripps’ anti-SLAPP motion fails because Yuga’s trademark lawsuit does not “arise out of Defendants’ attempts to publicize and criticize Plaintiff’s purported use of racist, neo-Nazi, or alt-right dog whistles”…
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We took a closer look at the Complaint against Bored Ape creator Yuga Labs, Moonpay, et al. focusing on the celebrities. Even though the Complaint is 95 pages long, it’s not that detailed about many of the celebrities. Here are the main allegations against the celebrities: (1) All celebs are alleged to have received Bored…
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DISCLAIMER: this analysis is NOT legal advice. It’s for academic research on the development of De-Collab licenses in Web3. For more about De-Collab, read my essay by clicking here. The new CryptoPunks 2022 commercial license reopens the Pandora’s box that had erupted earlier this year, but quieted down after Yuga Labs acquired the IP rights…
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As reported yesterday, Yuga Labs published the new 2022 license for owners of CryptoPunks, the now legendary NFT collection whose intellectual property Yuga Labs acquired from Larva Labs earlier this year. We reviewed the terms of the CryptoPunks 2022 license in a prior post, click here. Given the CryptoPunks position as perhaps the most prestigious…
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The big news this week is that owners of the CryptoPunks finally received a new license granting them full commercial IP rights with no limit (the last limit was $100,000 annually of commercialization of CryptoPunks). As you may recall, the CryptoPunks NFTs were first issued in 2017 without any content license. TIMELINE of CryptoPunks licenses…
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