In the world of NFTs, there is ongoing turmoil among primates.
The boring Ape Yacht Club fights against a group of defendants led by LA-based artist Ryder Ripps. The June 24 complaint filed by the super-popular BAYC token maker Yuga Labs in federal court in California was made by Ripps (with the help of Jeremy Cahen, founder of the NFT Marketplace Not Larva Labs, and 10 additional defendants. It claims to “dominate Yuga Labs”. Abuse the Yuga Labs trademark to trick consumers into buying RR / BAYC NFT. Filing claims that Lips is “trying to devalu the boring Ape NFT by flooding the NFT market with his own copycat NFT collection.” For Ripps, this is a personal, artistic, and educational mission.
Born as a Jew in January, Ripps began posting to tens of thousands of social media followers about claiming a link between BAYC visuals and the Nazi and white supremacist messages. For example, Lips pointed out that the BAYC logo looks very similar to the Nazi Totenkopf emblem. He then summarized his work on gordongoner.com. This site is named after the pen name (and possible anagram) of one of BAYC’s co-founders.
The question of whether the founder of Yuga Labs or BAYC was a racist quickly became a viral debate and became a serious issue for BAYC. Yuga Labs has completely denied any connection with radical images. In addition, co-CEO Nicole Muniz told Input that the idea was the exact opposite of what BAYC wanted to grow in the community. She characterizes Ripps’ barrage of tweets targeting BAYC as very aggressive.
“It’s very painful. I’m worried,” she said.
People to Kali Yuga In the context of online crypto / chan around 2019, Totenkopf was often incorporated pic.twitter.com/3kpW1YHAWp
& Mdash; RYDER-RIPPS.ETH ? (@ryder_ripps) July 11, 2022
Then, this May, Ripps sold the 550 Bored Ape avatars exactly, first “manually” and then on the NFT platform.
“If you’re using 4chan, this is just classic trolling,” Ripps told CoinDesk in May. “It’s amazing how far they went.”
Yuga Labs did not consider these actions a joke, but instead described Ripps as a “harassment campaign based on false accusations of racism.” In addition to using the exact same mark to promote the RR / BAYC NFT collection, Yuga Labs has the same NFT market that Ripps uses to sell boring Ape NFTs such as OpenSea. We provided an NFT that was allegedly infringing on the place. ” , “Is equivalent to” beginner level trademark infringement “.
Some of these marketplaces have removed the problematic RR / BAYC NFT, but Bored Ape NFTs could probably be using this news cycle to support the signs of an epidemic. Despite a 22% surge in ApeCoin cryptocurrencies linked to club NFTs at the end of June, coins returned to $ 4.56 per coin, plummeting from nearly $ 27 in April. With Ripps not retreating, there is now a court battle.
Faced with the proceedings, Mr. Lips said, “The proceedings are a major misunderstanding of the characteristics of the RR / BAYC project. Those who booked the RR / BAYC NFT found that their NFTs were created as a protest and parody against BAYC. I understood. ” Ripps cites a disclaimer “they explicitly acknowledged” when purchasing RR / BAYCNFT.
& Mdash; RYDER-RIPPS.ETH ? (@ryder_ripps) June 28, 2022
The artist claims that the RR / BAYC project “uses satire and diversion to protest and educate people” about BAYC and NFTs. Ripps’ legal debate is summarized in fair use. It “identifies certain types of use, such as criticism, comments, news coverage, education, scholarships, and research,” according to the US Copyright Office.
The outcome of this ongoing proceeding will weigh heavily on the future fair use of NFTs and digital rights.