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Who would have thought that a company that specializes in publishing unique digital works could operate under an unauthorized logo? Yuga Lab Recently noticed after using unauthorized emblem for Bored Ape Kennel Club (BAKC)
The revelation was announced on February 17 by an avid Twitter user, colombo, found a similarity between the logo and the original drawing. This similarity was acknowledged by both the original creator of the image, Easy Drawing Tutorial, and Yuga Labs co-founder Greg Solano.
Bro @BoredApeYC @yugalabs What a joke! On April 5, 2021, your kennel launched on his June 21st, and you trademarked this skull. Are you okay or did you hit your head? https://t.co/HiLFdbnFL5 pic.twitter.com/FJigzJgBr8
Colombo (@Jdotcolombo) February 17, 2023
Images of wolf skulls easy drawing guide It was about three months before Yuga Labs announced the BAKC collection. This resource teaches non-artists how to create amazing cartoon-like drawings of various animals and objects. is expressly prohibited.
That said, while the wolf skull imagery was produced in early April 2021, Yuga Labs’ BAKC collection was launched in the third week of June 2021.
According to Solano, the company hired a freelancer to design the logo, but never did any background checks. Since the issue came to public attention, the co-founder says he has already reached out to the freelancer in question and her Easy Drawing Tutorials as part of an investigation. He went on to add that BAKC’s logo will be removed and replaced on his website, and that the parent company will ask Marketplace to do the same.
The BAKC collection has been airdropped into a wallet holding Bored Ape Yacht Club (BAYC) NFTs. Solano says the intention was to raise money for charity, not to profit from the project, so they decided to raise more than his $1 million for animal charities. is ready. However, according to the project’s website, only royalties from his secondary sales collected during his first six weeks after creation will be donated. So, Yuga Labs has been profiting from the collection since August 2021. Currently, the market cap of his collection is over $115 million.
How to draw a wolf skull >> here
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Image credit: Easy Drawing Guides
*All investment/financial opinions expressed by NFT Plaza are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.
Basil is an avid fan of blockchain technology and all its innovations, and is passionate about sharing this story with his audience. He has spent over five years in the crypto space, specializing in research and creating his Web3 content for various media outlets around the world.
