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Yuga Labs' Bold Move: Selling NFTs to Revive the Metaverse
• Stories

Yuga Labs' Bold Move: Selling NFTs to Revive the Metaverse

With the debut of Bitcoin, Yuga Labs is making waves again! This powerhouse is the breeding ground for the Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), and the Otherside metaverse. This time, the story is not about a new NFT drop. Rather, the company is quietly but...

Yuga Labs' $9M Fine Reversal: A Win for Satire or Trademark Chaos?
• Reviews

Yuga Labs' $9M Fine Reversal: A Win for Satire or Trademark Chaos?

The Ninth Circuit ultimately reversed the $9 million in damages awarded against Ryder Ripps and Jeremy Cahen for their RRBAYC collection. This decision has sent shockwaves across the NFT space, pun intended. Lawmakers, musicians, and artistic pioneers of all stripes are celebrating this David-versus-Goliath win for artistic expression. It raises...

Yuga Labs' $9M NFT Win Reversed: What It Means for BAYC
• Stories

Yuga Labs' $9M NFT Win Reversed: What It Means for BAYC

A recent ruling by a U.S. appeals court has shifted the tides on trademark law as it related to NFTs. It overturned a prior $9 million verdict that had ruled in favor of Yuga Labs, the developer of the Bored Ape Yacht Club (BAYC). The lawsuit, which pits conceptual artist...

Yuga Labs' NFT Fine Reversal: A Blow to Creators or a Chance for Africa?
• Reviews

Yuga Labs' NFT Fine Reversal: A Blow to Creators or a Chance for Africa?

The news is buzzing: Yuga Labs, the behemoth behind Bored Ape Yacht Club, didn't get their $9 million payday from Ryder Ripps and Jeremy Cahen, at least not yet. In a big victory for wildlife advocates, the Ninth Circuit reversed that summary judgment, sending the case back to district court....

Infinite Node Foundation Acquires CryptoPunks IP from Yuga Labs
• NFT Market

Infinite Node Foundation Acquires CryptoPunks IP from Yuga Labs

In an unexpected turn of events, recent reports indicate that The Infinite Node Foundation has purchased the CryptoPunks IP from Yuga Labs. The strategic move keeps the intellectual property of this project within the crypto-native ecosystem. CryptoPunks is a prominent Ethereum-based NFT collection.CryptoPunks is one of the biggest NFT collections...