The RR/Bored Ape Yacht Club (BAYC) co-founder is said to be just trying to cause trouble, according to Yuga Labs officials who downplayed the importance of the counter-notice.
Yugalabo trademark registration subject to opposition
Ten trademark registrations from Yuga Labs are the subject of counter notices issued by one of the creators of Bored Ape Yacht Club’s counterfeit NFT collection RR/BAYC.
The decision marks another bizarre shift in the ongoing intellectual property legal dispute between RR/BAYC founders Ryder Ripps and Jeremy Cahen and BAYC inventor Yuga Labs. I’m here.
On February 9, Cahen filed an appeal news Submit to the Trademark Trial Board of the United States Patent and Trademark Office (USPTO). At the time of writing, the opposition status of all trademark applications was ‘pending’.
A trademark application by Yuga Labs, filed primarily in late 2021, contains various BAYC logos, images, and branding for future use on digital items such as NFT-based artwork, trading cards, and Metaverse wearables. covers the
In addition to leisure services such as games, television and music, the document also mentions the possibility of specific BAYC products such as apparel, jewelry, watches and key chains.
Cahen’s challenge is unlikely to succeed
According to a Yuga Labs spokesperson who spoke with Bloomberg method As of February 11th, Cahen’s challenge has a slim chance of succeeding, and this move is just another attempt to make trouble for the company.
“The Trademark Office has given preliminary approval to Yuga Labs’ trademark application. We look forward to full approval in due course.”
Yuga Labs Spokesperson
In the notice, Cahen outlines a number of “grounds for discrepancies” against Yuga Labs’ filings.
Further, Yuga Labs allegedly transferred ownership to ApeCoin’s Decentralized Autonomous Organization (DAO) in March 2022, so Yuga Labs claims it has no legal rights to the specific skull design. increase.
Midway through last year, digital artists Ryder Ripps and Cahen sued Yuga Labs for using BAYC artwork in their RR/BAYC collection. The business also claimed that the two were intentionally “trolling Yuga Labs and tricking consumers” into buying counterfeit NFTs.
Moreover, Cahen’s case comes just three days after Yuga Labs settled another lawsuit against Thomas Lehman, creator of the RR/BAYC website and smart contracts.
As part of the settlement, Lehman agreed to a permanent injunction barring it from engaging in “disruptive” initiatives related to BAYC. Lehman also waived Ryder Lipp and Caren in a statement.