Nifty News: Yug Labs breaks silence, X2Y2 beats OpenC
Yug Labs
Modified Date:- Published Date:-Categories: Cryptocurrency
Era Labs has finally broken its silence on the conspiracy theory that accuses the team behind Bored Ape Yacht Club (BAYC) of embedding alt-right and Nazi memes/imagery in the artwork and branding. As previously reported by Cointelegraph, the BAYC conspiracy theory was once again made headlines on June 20 when YouTuber Philion published a video exploring the alleged evidence. Artist Ryder Rips initially compiled it earlier this year. Although the team did not address all of the points mentioned against BAYC, it denied allegations that its logo was derived from the Nazi Totenkopf (skull and crossbones) symbol. It also reiterated that using the app at BAYC is a sign for crypto and not a racist troll. However, not everyone was happy with his response, as many points were ignored. In an update later that day, the Era Labs team also said it had taken legal action and sued the firm and community to "prevent continued infringement, and other illegal attempts to cause harm." Although it did not directly mention Rider Rips by name. Football superstar Cristiano Ronaldo on an exclusive multi-year NFT partnership with crypto exchange Binance.The collaboration aims to introduce soccer fans to the Web3 ecosystem through global NFT campaigns.
In an update that day, the Yuga Labs platoon also stated it had taken legal action and filed a action to “ stop the nonstop violation, and other illegal attempts to bring detriment ” to the establishment and community. Although it did not mention Ryder Ripps directly by name.