IBC Group, NFT Tech, Faith Tribe to launch fashion-focused launchpad
Venhuizen, Netherlands, June 6, 2022 — Web3 and cryptocurrency incubators NFT Tech and International Blockchain Consulting (IBC) Group have partnered with the open-source fashion design platform Faith Tribe to launch Fashion DAO — a fashion-focused launchpad for fashion brands and creators looking to make a breakthrough in the Web3 arena. The launchpad lets fashion-focused companies tokenize and enter the nonfungible token (NFT) space to participate in a growing Web3 ecosystem and connect wit...
Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed, and FTX inks deal with Blo…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeksRipple Labs co-founder and former chief technology officer Jed McCaleb is nearing the end of his eight-year-long XRP dumpathon. The forme...
Crypto's One Unassailable Use Case: Helping Human Rights Activists
Attendees at this week’s Oslo Freedom Forum, a 13-year-old annual gathering for human rights and pro-democracy activists, might have wondered at times if they’d mistakenly wandered into a cryptocurrency conference. Bitcoin developer Jimmy Song’s signature cowboy hat could be spotted here and there at the Oslo Concert Hall, where the forum, organized by the Human Rights Foundation, took place. The erudite investor and entrepreneur Nic Carter strolled around with an umbrella cane. On stage, aut...
BitcoinBSV
IBC Group, NFT Tech, Faith Tribe to launch fashion-focused launchpad
Venhuizen, Netherlands, June 6, 2022 — Web3 and cryptocurrency incubators NFT Tech and International Blockchain Consulting (IBC) Group have partnered with the open-source fashion design platform Faith Tribe to launch Fashion DAO — a fashion-focused launchpad for fashion brands and creators looking to make a breakthrough in the Web3 arena. The launchpad lets fashion-focused companies tokenize and enter the nonfungible token (NFT) space to participate in a growing Web3 ecosystem and connect wit...
Jed McCaleb’s XRP bag is almost gone, Ethereum’s difficulty bomb delayed, and FTX inks deal with Blo…
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This Week After 8 years dumping billions of XRP, Jed McCaleb’s stack runs out in weeksRipple Labs co-founder and former chief technology officer Jed McCaleb is nearing the end of his eight-year-long XRP dumpathon. The forme...
Crypto's One Unassailable Use Case: Helping Human Rights Activists
Attendees at this week’s Oslo Freedom Forum, a 13-year-old annual gathering for human rights and pro-democracy activists, might have wondered at times if they’d mistakenly wandered into a cryptocurrency conference. Bitcoin developer Jimmy Song’s signature cowboy hat could be spotted here and there at the Oslo Concert Hall, where the forum, organized by the Human Rights Foundation, took place. The erudite investor and entrepreneur Nic Carter strolled around with an umbrella cane. On stage, aut...
BitcoinBSV

Subscribe to BitcoinBSV

Subscribe to BitcoinBSV
Share Dialog
Share Dialog
<100 subscribers
<100 subscribers
Yuga Labs, creators of Bored Ape Yacht Club Non-Fungible Tokens (NFTs), has sued artist Ryder Ripps and several associates, accusing them of producing and selling “copycat NFTs” that devalue the originals, according to its Twitter feed and that of the Bored Ape Gazette, which tweeted a lawsuit filing with inserted illustrations.
The lawsuit claims that the artist sought to “devalue the Bored Ape NFTs by flooding the NFT market with his own copycat NFT collection using the original Bored Ape Yacht Club images and calling them “RR/BAYC” NFTs.”
The suit points out that Bored Ape NFTs “often resell for hundreds of thousands, if not millions, of dollars, and prominent celebrities are proud holders of Bored Ape NFTs,” adding that only 10,000 Bored Ape NFTs exist and that each is unique.
Yuga Labs seeks a judgement restraining Ripps and associates from “engaging in further interference with its prospective economic relations,” as well as damages and attorneys’ fees.
An email seeking comment on the lawsuit from Ripps was sent to an address on his website, but no response had been received by time of publication.
Ripps said earlier this year on Twitter that he had been “researching and posting about BAYC Nazi ties.” The Bored Ape founders pushed back against these allegations in a blog post on Friday.
SIGN UP FOR OUR DAILY NEWSLETTERS
Also receive our FREE weekly Data & Insights NewsletterBy signing-up you agree to our Terms of Service and Privacy Policy
A representative from Yuga Labs' public relations firm, Strange Brew Strategies, said later on Saturday via email that RR/BAYC NFTs had been removed from the OpenSea NFT marketplace. A look at the page showed that several images had been labeled "possibly fake."
The Yuga Labs lawsuit was filed on Friday in US District Court of Central California by law firm Fenwick & West, and a 43-page document was tweeted early today by the Bored Ape Gazette.
This story has been updated with the addition of the penultimate paragraph, reflecting fresh information emailed from Yuga Labs' public relations agency.
Yuga Labs, creators of Bored Ape Yacht Club Non-Fungible Tokens (NFTs), has sued artist Ryder Ripps and several associates, accusing them of producing and selling “copycat NFTs” that devalue the originals, according to its Twitter feed and that of the Bored Ape Gazette, which tweeted a lawsuit filing with inserted illustrations.
The lawsuit claims that the artist sought to “devalue the Bored Ape NFTs by flooding the NFT market with his own copycat NFT collection using the original Bored Ape Yacht Club images and calling them “RR/BAYC” NFTs.”
The suit points out that Bored Ape NFTs “often resell for hundreds of thousands, if not millions, of dollars, and prominent celebrities are proud holders of Bored Ape NFTs,” adding that only 10,000 Bored Ape NFTs exist and that each is unique.
Yuga Labs seeks a judgement restraining Ripps and associates from “engaging in further interference with its prospective economic relations,” as well as damages and attorneys’ fees.
An email seeking comment on the lawsuit from Ripps was sent to an address on his website, but no response had been received by time of publication.
Ripps said earlier this year on Twitter that he had been “researching and posting about BAYC Nazi ties.” The Bored Ape founders pushed back against these allegations in a blog post on Friday.
SIGN UP FOR OUR DAILY NEWSLETTERS
Also receive our FREE weekly Data & Insights NewsletterBy signing-up you agree to our Terms of Service and Privacy Policy
A representative from Yuga Labs' public relations firm, Strange Brew Strategies, said later on Saturday via email that RR/BAYC NFTs had been removed from the OpenSea NFT marketplace. A look at the page showed that several images had been labeled "possibly fake."
The Yuga Labs lawsuit was filed on Friday in US District Court of Central California by law firm Fenwick & West, and a 43-page document was tweeted early today by the Bored Ape Gazette.
This story has been updated with the addition of the penultimate paragraph, reflecting fresh information emailed from Yuga Labs' public relations agency.
No activity yet