Yuga Labs Has Been Accused Of IP Theft

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Everyone who has dealt with Yuga Labs knows about the iconic wolf skull logo that the Bored Ape Yacht Club boasts. Interestingly, this was illegally trademarked without any legitimate licenses. The image- as far as it has been considered- was previously released by a company that dealt in drawing tutorials for beginners and children. For those who are unaware, NFTs were introduced in the first place to solve the illegal application of intellectual property- as well as a method of protecting artists.

But as it turns out, this is the same problem that Yuga Labs is currently being accused of. One NFT artist and Crypto Twitter member recently came across a post from the 5th of April, 2021, in which Easy Drawing Guides had advertised an easy step-by-step drawing tutorial for a wolf skull. 

Yuga Labs Has Been Accused Of Plagiarizing Logo

The art that was displayed closely resembled the official logo of BAYC– created by Yuga Labs. Needless to say, this resemblance raised multiple suspicions of wrongdoing- as one could easily see that the Kennel Club collectibles of BAYC were launched on the 17th of June, 2021. The sketch tutorial group then responded to this commotion to state that Yuga Labs had absolutely no business or license to use the wolf skull as the logo. In fact, BAYC’s parent company took it to a whole other level by trademarking the unlicensed logo as its own. 

Cointelegraph went on to confirm that the T&Cs of Easy Drawing Guides would grant a non-exclusive, non-transferable, limited, revocable license to utilize and access for personal use. On the other hand, Yuga Labs’ supporters believe that there was no breach of intellectual property while using the logo.