Since its launch in April 2021, Bored Apes Yacht Club (BAYC) has been on an upward trajectory, becoming one of the most popular NFT collections. The popularity of BAYC led to the launch of a spinoff collection, Caked Apes.
Caked Apes is a collection of 8,888 unique and randomly generated NFTs created by artists Cake Nygard and Taylor Whitley. The collection, which was only launched in January, faces its first legal battle.
Trouble in Ape Land, Legal Battle Between Artists Ensues
The creators of Caked Apes have sued themselves over the designs of the caricatures and revenue shares.
According to reports, Taylor Whitley has filed a lawsuit in Los Angeles federal courts against four members of the Caked Ape team, claiming that they infringed on the copyrights of the digital designs and kicked him out of the project.
In response to Whitley’s suit, Cake Nygard and three members of the Caked Ape team filed a suit against Whitley. They allege that Whitley is trying to claim possession of their collaborative venture.
They also claim Whitley “contributed no original drawings to the Caked Apes creations.” In addition, the Caked Apes team is accusing Whitely of using the federal copyright law to have the collection removed from internet marketplaces improperly.
On the Flipside
Despite the legal battle, the Bored Apes Yacht Club DJ duo just got signed by WME for all future engagements.Why You Should Care
According to the filings, 9,000 Caked Apes NFTs have been sold since it launched. It also reports $1.9 million in direct sales and $225,000 in secondary sales royalties.
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Gaming & NFTs, NFTs, BAYC, Bored Apes Yacht Club, Caked ApesRead More
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