Yuga Labs has finally broken its silence over the conspiracy theory, which claims that the team incorporated alt-right and Nazi memes / footage into the artwork and trademark behind the Bored Ape Yacht Club (BAYC).
As the Cointelegraph previously reported, the BAYC conspiracy theory was once again brought to the forefront on June 20 after YouTuber Philion posted a video alleging evidence compiled by artist Ryder Ripps earlier this year.
In a mediocre blog post shares via Twitter on June 25, Gordon Goner, one of the founders of Yuga Labs, said the team finally decided to clear the air after the theory received so much attention that one of their favorite podcasts was talking about it.
“We have not responded to these allegations further because, to be honest, they are insanely far-fetched.
“That being said, we woke up this morning to a podcast /// ster that we seem to be talking about this conspiracy theory and it was pretty surreal. It made us feel like it was time to come out and put an end to it all, “he added.
In particular, Ryder Ripps said that the BAYC NFT artwork contained racist caricatures of black and Asian people, and the project’s logo and trademark have some nods to certain Nazi symbols and language. The artist also created a BAYC derivative NFT collection called RR / BAYC as a satire and protest against Yuga Labs.
Although the team did not cover all the issues raised against BAYC, it completely denied allegations that its logo was derived from the Nazi Totenkopf symbol (skull and crossbones). It also reiterated that the use of monkeys in BAYC is a neck for cryptographic cells and not a racist troll. However, not everyone was happy with their response as some points were unresolved.
a guy is like ‘we are a minority’ and gets some hype from the ADL. Well, I’m a Jew and a descendant of those who survived the Holocaust, and this imagery offends me, but keep on turning on the gas. image.twitter.com/kbJlJaEYE4
– jpəġ jəđ (@ h0listicrypto) June 24, 2022
In an update later in the day, the Yuga Labs team also said that it had taken legal action and filed a lawsuit to “stop constant violations and other illegal attempts to cause harm” to the company and the community. Although it did not mention Ryder Ripps by name directly by name.
(1/2) The support from our society today has been overwhelming. We will continue to be transparent to our community as we fight these slanderous acts. To stop constant violations and other illegal attempts to harm …
– Yuga Labs (@yugalabs) June 25, 2022
The volume of NFT marketplace X2Y2 increases past OpenSea
In recent weeks, sales volume on Ethereum-based NFT marketplace X2Y2 has increased past the top level of the OpenSea sector.
According to data from DappRadar, the X2Y2 generated $ 144.16 million in NFT sales from just 11,534 merchants in the past week, compared to $ 117.64 million generated from 155,734 merchants on OpenSea.
The X2YX platform was launched in February earlier this year and although it does not appear to host any top-class NFT project, it offers OpenSea Sniper features that allow users to combine NFT purchases on both X2YX and OpenSea into one business.
X2YX has seen daily volumes rise to a new high in June, the highest volume recorded on June 6 with $ 32.92 million. One of the reasons for the forum’s increased growth this month seems to be a zero transaction fee offer from June 1st to June 30th.
Crawley Town will release NFT football kits
The English professional club Crawley Town FC is putting out a football kit (play kit) that only fans who buy the corresponding NFT can get.
Crawley Town operates in the fourth division of the English Professional League and was acquired by the sports-oriented crypto company WAGMI late last year.
The professional team usually wears three different uniforms each season, one for home games, one for away and a third substitute. In this case, the third set will be offered to fans through the sale of NFT.
In an interview with the British newspaper Mirror on June 25, Crowley Town co-owner Preston Johnson emphasized that the club was not trying to launch NFT in sudden profits and was instead looking for ways to integrate the technology with ways such as shirts and ticket sales:
“Our NFTs are more like season tickets. These are not things we’re trying to sell to local fans.”
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BCware launches NFT app in Shopify App Store
California-based Web3 technology company BCware has launched a new multi-chain NFT app in the Shopify App Store that enables merchants to provide NFT buying and selling services from multiple blockchains in their stores.
The program is currently integrated with Ethereum, Polygon, Flow and Solana and also allows customers to pay with fiat or cryptocurrency. The company also announced that the app will support “entry into wallets for buyers who are new to cryptocurrencies.
The move comes in the same week as Shopify launched a retail gateway with an NFT gateway that allows brands / retailers to make their online stores more exclusive.
Sell where you tweet
You know that Twitter is where your people are and now they can discover your products directly on your profile.
– Shopify (@Shopify) June 22, 2022
Other great news:
On June 24, Eminem tweeted that a new song called “From The D 2 The LBC” would be released. In the post was the art of the song, which is in comic book style with two cartoon monkeys representing both Snoop Dogg and Slim Shady and their connection to the Bored Ape Yacht Club.
Football star Cristiano Ronaldo has signed an exclusive multi-year NFT partnership with crypto exchange Binance. The partnership aims to introduce football fans to the Web3 ecosystem through international NFT campaigns.
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