Yuga Lab Home to some of the market’s most beloved NFT projects, it’s no surprise that there is interest in their intellectual property. There is also a lawsuit within, which has been repeatedly discussed.
To clear the air, Yuga Labs asked IP attorney Jeremy Goldman to shed some light on the inner workings of copyright licensing and commercial rights and quell all rumors.
Seeing confusion about IP licenses and commercial rights granted to NFT owners, we asked copyright and IP attorneys @jeremyg2k To help clean things up. https://t.co/V2nF9svWmW
— Yuga Lab (@yugalabs) February 1, 2023
Yuga Labs Customer Rights
In a blog post on Yuga Labs’ website, Goldman said the company retains the copyright on all NFTs, and this does not depend on whether brands take specific steps, such as filing copyright claims. I explained. This is because copyright relies on creative input into the work Yuga Labs has done for his NFT.
“The bottom line is, like all creators, Yuga owns the copyright to the artwork, whether or not he took the hassle of managing the registration,” says Goldman.
What about boring monkey owners who are starting businesses with their assets? When Goldman purchases most of the assets owned by Yuga Labs, he receives legal ownership of the assets and the right to use their commercial license. However, the copyright remains with the company, so they will not receive it.
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*All investment/financial opinions expressed by NFT PLAZA are based on the personal research and experience of the site moderators and are intended for educational material only. , the product should be thoroughly investigated.

Tokoni Uti has written extensively on blockchain and cryptocurrencies over the years. Her work has been featured on sites such as BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.
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