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Ed Zitron @edzitron This is very funny on almost every level. Yuga Labs' ownership rules are very clear that *whoever has the ape* has full copyright. And they've sacrificed any rights to fight for you. Just amazing. OWNERSHIP i. You Own the NFT. Each Bored Ape is an NFT on the Ethereum blockchain. When you purchase an NFT, you own the underlying Bored Ape, the Art, completely. Ownership of the NFT is mediated entirely by the Smart Contract and the Ethereum Network: at no point may we seize, freeze, or otherwise modify the ownership of any Bored Ape. ii. Personal Use. Subject to your continued compliance with these Terms, Yuga Labs LLC grants you a worldwide, royalty- free license to use, copy, and display the purchased Art, along with any extensions that you choose to create or use, solely forthe following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale of your Bored Ape / NFT, provided that the marketplace cryptographically verifies each Bored Ape owner's rights to display the Art for their Bored Ape to ensure that only the actual owner can display the Art; or (iii) as part of a third party website or application that permits the inclusion, involvement, or participation of your Bored Ape, provided that the website/application cryptographically verifies each Bored Ape owner's rights to display the Art for their Bored Ape to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner ofthe Bored Ape leaves the website/application. iii. Commercial Use. Subject to your continued compliance with these Terms, Yuga Labs LLC grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art ("Commercial Use"). Examples of such Commercial Use would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art. For the sake of clarity, nothing in this Section will be deemed to restrict you from (i) owning or operating a marketplace that permits the use and sale of Bored Apes generally, provided that the marketplace cryptographically verifies each Bored Ape owner's rights to display the Art for their Bored Ape to ensure that only the actual owner can display the Art; (ii) owning or operating a third party website or application that permits the inclusion, involvement, or participation of Bored Apes generally, provided that the third party website or application cryptographically verifies each Bored Ape owner's rights to display the Art for theirBored Ape to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the Purchased Bored Ape leaves the website/application; or (iii) earning revenue from any of the foregoing. :

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Uploaded by Adam May 24, 2022 at 04:53PM EDT

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Origin Entry: Seth Green's Stolen Bored Ape

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web3 is going just great @web3isgreat We can prove the promise of ape community Seth Green @SethGreen Looking forward to precedent setting debates on IP ownership & exploitation, having spent 18 years studying copyright & the industry laws. I'd ather meet @DarkWing84 to make a deal, vs in court. We can prove the promise of ape community DISNEY M
Patrick Klepek @patrickklepek You could not make up a funnier story if you tried. More Butter @morebuttertv . 21h Seth Green's Bored Ape NFT, which was set to star in its own animated show, was stolen through a phishing scam. Green no longer owns the commercial rights to the NFT and thus the show cannot move forward. : buzzfeednews.com/article/sarahe... Show this thread Disney MAND ... M
Seth Green @SethGreen Looking forward to precedent setting debates on IP ownership & exploitation, having spent 18 years studying copyright & the industry laws. I'd ather meet @DarkWing84 to make a deal, vs in court. We can prove the promise of ape community DISNEY M STAP MAND buzzfeednews.com Someone Stole Seth Green's Bored Ape, Which Was Supposed To Star In His N... The actor has been pleading on Twitter with "DarkWing84," who bought his ape from a scammer, to return it. 4:03 PM . May 24, 2022. Twitter for iPhone
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Uploaded May 24, 2022 at 04:53PM EDT

Origin Entry

Seth Green's Stolen Bored Ape

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Twitter

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ed zitron, twitter, yuga labs, bored ape

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