Yuga Labs
Yuga Labs business and news from across the web.
Yuga Labs Releases 300 Exclusive Daniel Arsham Voyagers for Asset HoldersYuga Labs has partnered with artist Daniel Arsham to release a limited collection of 300 dynamic Voyager NFTs. Access to these NFTs, available through the Otherside app, is exclusive to existing asset holders within the Yuga ecosystem, such as Bored Ape Yacht Club and Otherdeeds owners who have progressed within the Otherside platform. The collection emphasizes evolving digital art and aims to reward long-term community members.
Bored Ape NFT Lawsuit Settles, Affects Crypto CommunityYuga Labs has settled its copyright lawsuit against artists Ryder Ripps and Jeremy Cahen concerning the RR/BAYC NFT collection. The dispute centered on whether the collection constituted parody or infringed upon Yuga Labs' trademarks. The settlement prohibits Ripps and Cahen from using Yuga Labs' trademarks and imagery, setting a precedent for intellectual property rights in the NFT sector.
Can Otherquest Mertaverse Emerge After Meta shuts down its $80 Billion Metaverse project?Meta Platforms is significantly revising its metaverse strategy, transitioning Horizon Worlds from a VR-focused platform to a mobile application and removing it from the Quest store due to low user interest and monetization issues. Meanwhile, Yuga Labs' Otherside is gaining traction with its user-owned, decentralized metaverse model, presenting an opportunity for growth as Meta steps back from its $80 billion metaverse investment.