Reading and processing NFT IP/copyright licenses. Standardized licenses + license-builder tool for creatives in progress. A project by @Momoland5u & @dfi.
A lot of chatter on ct about @yugalabs lawsuit against @ryder_ripps. We wrote a quick post on @BoredApeYC IP ownership: BAYC – Finally answering the question, “Do Yuga token holders own their Bored Apes?” https://t.co/PUY7bw1W8g
@alfredsteiner@BoredApeYC Not sure you can even get past the word "owner." That term doesn't comport with basic federal copyright law. We've detailed here... https://t.co/PUY7bvKkJG
@hWonderofWorld@FashionNova@Aeropostale@OldNavy@guyoseary Yoooo... we've been saying this for a while. If you want analysis from a couple of legal brains, check out our post.
(most influencer takes on ct aren't based in reality)
https://t.co/PUY7bvKkJG
@racs_o@BoredApeYC Before you invest too heavily... have you read the @BoredApeYC Terms of Service? Do you know what IP you have the rights to? And... did you know @yugalabs can, under their terms, revoke your rights at any time? https://t.co/PUY7bw1W8g
@rayway_eth @realrippoff @yugalabs Billion dollar brand that has been exclusively using brand name + logos for over a year on million dollar NFTs, brand partnerships, & physical merchandise has no enforceable trademarks? Ok. Wish it were that simple. We’d certainly have a lot more flavors of Coca-Cola lol.
@realrippoff @rayway_eth@yugalabs Oh btw—while artistic fair use is a broad exception… defamation is a HUGE exception to that exception. Ryder may be precluded from asserting fair use because of this. Anyway, these questions are all what lawsuits are meant to answer. Hence, the filing of it.
@realrippoff @rayway_eth@yugalabs Ok. How does that chance the “intent” of Yuga in filing the lawsuit? They have a trademark, they want to assert it. So they can. Trademark fair use is an EXCEPTION to trademark law (Lanham Act). An affirmative defense. That’s what the 1A protects.
@FMFlexNFT @CabClix @ryder_ripps We already wrote a post breaking down the BAYC license and detailing exactly what BAYC token holders are & are not entitled to re IP here: https://t.co/PUY7bw1W8g
@BuffetAthlete @FMFlexNFT @ryder_ripps Actually… if the license only gives you limited, revocable rights to begin with… then all that matters is the limitations of the license. We Detail that here. https://t.co/PUY7bw1W8g
@ijhammer@yugalabs@ryder_ripps It’s not that rights are unresolved, it’s that they don’t want to highlight their poorly drafted license that, at face value, tells token holders they “own” their ape & full copyright—when in reality, they have legal right to very little.
@ijhammer@yugalabs@ryder_ripps 100% NOT unresolved. We detail exactly how BAYC license gives very little rights (definitely no permanent rights) to token holders here. https://t.co/PUY7bw2tXO
A lot of chatter on ct about @yugalabs lawsuit against @ryder_ripps. We wrote a quick post on @BoredApeYC IP ownership: BAYC – Finally answering the question, “Do Yuga token holders own their Bored Apes?” https://t.co/PUY7bw1W8g
A lot of chatter on ct about @yugalabs lawsuit against @ryder_ripps. We wrote a quick post on @BoredApeYC IP ownership: BAYC – Finally answering the question, “Do Yuga token holders own their Bored Apes?” https://t.co/PUY7bw1W8g