Yuga Labs Clear the Waters of its NFT Copyright


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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.

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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Conor the Tech Veteran
He previously spent 6 years publishing research on tech stocks, and believes in using a combination of fundamental, technical, and quantitative analysis. Prior to a career in tech stocks journalism he was a technology and semiconductor analyst with a research team.

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