KryptoCurrency

December 28, 2024
Crypto

Nifty News: Yuga Labs scores court battle win, Mandala Metaverse to drop on Polkadot and more…

By akohad Apr22,2023

[ad_1]

Bored Ape Yacht Club (BAYC) creators Yuga Labs has scored a key win in its long-running court battle with Ryder Ripps, the co-creator of copycat NFT project RR/BAYC.

Yuga Labs initially filed a complaint against Ryder Ripps and co-founder Jeremy Cahen back in July 2022, alleging that the duo had engaged in trademark infringement, false advertising, and unfair competition, among other things.

In a pre-trial summary judgment ruling on April 21, a U.S. district court in central California found that Ripps and Cahen had infringed Yuga Lab’s trademarks with their RR/BAYC NFT collection.

The Court further ruled that Yuga Labs is entitled to an injunction and damages, the latter of which will be determined at trial.

In a message shared with Cointelegraph, a Yuga Labs spokesperson said:

“In a landmark legal victory for web3, a federal judge found that Ryder Ripps and Jermey Cahen infringed Yuga Lab’s intellectual property. This isn’t just a win for us, it’s a win for the entire web3 industry to hold scammers and counterfeiters accountable.”

Ryder Ripps and Jeremy Cahen created the BAYC derivative NFT collection RR/BAYC back in May 2022 as a satire and protest against Yuga Labs. The project essentially uses all of the same imagery from the BAYC NFTs.

Copycat NFTs. Source: rrbayc.com

Ripps in particular, is behind a conspiracy theory in which he alleges that Yuga Labs purposely designed the BAYC NFT artwork to convey racist caricatures. Additionally, Ripps also asserts that the project’s logo and branding have several nods to certain Nazi symbology and language.

Mandala Metaverse to drop on Polkadot

Upcoming cross-chain augmented reality (AR) game Mandala Metaverse has chosen Polkadot parachain Astar Network to host its first major NFT drop on April 28.

Mandala Metaverse is a story-based project that has content spanning across TV, graphic novels, gaming and AR. Its gaming elements have been developed in Epic Game’s Triple-A quality Unreal Engine.

The drop is called the “Cryptonauts” and the NFTs depict different avatars that will serve as playable characters in the game. The artwork was illustrated by comic artist Bruce Zick, who has worked on projects for giants such as Disney and Marvel.

Polkadot is not necessarily a blockchain that is known for hosting gaming and NFT projects, with the network not even having any recorded sales data on aggregators such as Crypto Slam.

Regarding the decision to take the Cryptonauts NFTs to Polkadot, Mandala Metaverse CEO Jon Shanker, noted:

“Polkadot has real future-proof NFT applications, such as nesting, staking and the ability to send NFTs over bridges – plus many other innovative ways to use NFT assets. We can now do things we didn’t think were possible.”

Square Enix partners with Elixir Games

Final Fantasy developers Square Enix has partnered with Web3 infrastructure firm Elixir Games to bring blockchain gaming to the mainstream.

The move was announced on April 19, however specific details on the partnership are sparse at this stage.

Elixir hosts both traditional and Web3 games on its platform, and also offers Web3 distribution features for its partnered games, such as NFTs sales and marketplaces.

As such, Square Enix will likely take advantage of those features when launching games via Elixir, something the firm has become increasingly interested in doing over the past year or so.

Related: NFT.NYC: Games and tokenization are driving NFT industry maturation

“This partnership brings us closer to Web3 gaming mass adoption. Our team is incredibly excited to bring our technology to work, and we foresee Elixir users playing Web2 and Web3 games alike without distinction,” Carlos Roldan, Elixir Games CEO, said as part of the announcement, adding that:

“2023 has already seen more industry leaders enter the space with impactful projects, and we anticipate to see more as the year progresses. We’ve put all efforts to ensure we are ready for scalability.”

NFT cricket game on Tezos

A free-to-play multiplayer NFT cricket strategy game called “Cricket Stars” has been launched on the Tezos blockchain.

The game is being led by Tezos India — an organization that focuses on developing projects on Tezos — in partnership with esports game publisher GoLive Games. Despite the name however, no licensing deals with actual cricket stars appear to be in place.

Cricket Stars follows a similar model to other sports NFT games like Sorare, by offering player cards that can be used have an affect on the game, or traded on the market place. The game also offers player vs player modes, knockout tournaments and esports tournaments.

“We understand the power of blockchain technology and its role in the gaming ecosystem. Our partnership with Tezos India is an astounding statement of blockchain technology becoming an integral part of the gaming industry,” noted GoLive Games founder Ravi Kiran as part of the announcement.