A Big Week for Yuga

Yuga Labs appoints new gaming lead, unveils 'Punk in Residence', secures major legal win.

Author

Leah Alger
February 08, 2024

There’s no stopping Yuga Labs…

This Week's Low-Down:

  • 👾 Yuga Labs Appoints Former Google and Polygon Gaming Lead

  • 🎨 Yuga Labs Unveils ‘Punk in Residence’ with Acclaimed Artist

  • ⚖️ Yuga Labs Secures Major Legal Win - $9M in Damages and Fees

  • Chainlink Dynamic NFTs Bridge Digital and Real-World Data (Bitcolumnist)

  • Mastercard Kicks Off UEFA Champions League NFT Trivia (NFT Plazas)

  • Stephen Chow NFTs Eclipse 10K ETH in Trading Volume as Community Expands (Cointelegraph)

  • Robinhood and MetaMask Join Hands to Revolutionize Web3 Accessibility (Bitcolumnist)

  • Top Scoring Teams for Football Fan Tokens Throughout 2023 (NFT Plazas)

  • Judge Rejects Ryder Ripps’ Counterclaims Against Yuga Labs, Orders $9M Payout (Cointelegraph)

  • Magic Eden Rolls Out Diamonds Airdrop for Loyal NFT Traders (Bitcolumnist)

  • NFTs Are Worthless? Why Gmoney Took Out a $1 Million Loan on His CryptoPunk (Decrypt)

  • Flipping Frenzy Propels Quantum Cats’ Sales to $13M (NFT Plazas)

  • 'The Everything Token' Book Explains the A-to-Z of NFTs—And Why They're Here to Stay (Decrypt)

  • Telefónica NFT Marketplace Features Fresh Batch of Collectibles (NFT Plazas)

  • Doodles Collaborates with G-Shock for NFT Watch Collection (Bitcolumnist)

  • Polkadot Sets New Record For NFT Minting Speed (NFT Plazas)

Trending Collections on OpenSea:

Yuga Labs Appoints Former Google and Polygon Gaming Lead

Yuga Labs hires former Google and Polygon gaming lead as Head of Gaming Business Development, signaling ambitious gaming plans.

  • George Yousling announces new role at Yuga Labs on Twitter, highlighting upcoming gaming projects like Otherside, Dookey Dash Unclogged, and Legends of the Mara.

  • Prior to joining Yuga Labs, Yousling had significant experience at Google, where he managed partnerships and business development for AAA games such as Minecraft, Roblox, and Riot.

  • Yousling's involvement with BAYC since January 12, 2024, adds to the intrigue surrounding his appointment and Yuga Labs' gaming initiatives.

Yuga Labs Unveils ‘Punk in Residence’ with Acclaimed Artist

Yuga Labs announces its CryptoPunk artist residency program, first partnering with artist Nina Chanel Abney to create new on-chain artworks.

  • Abney, known for her museum-level work, explores identity, race, and politics in the CryptoPunk space, with her Web3 collection trading over 8,000 ETH.

  • She will create a special collection of NFT art with CryptoPunks, to be sold on Magic Eden and featured in her 2024 solo exhibition.

  • ‘Punk in Residence’ plans to involve the community through events like Twitter Spaces, encouraging interaction and feedback.

  • Merging traditional art acclaim with the Web3 ethos, the program will annually features two artists, offering mentorship and support.

Ripps and Cahen's counterclaims against BAYC creator Yuga Labs were dismissed, leading to a court-ordered $9 million payment for damages and legal fees.

  • The ruling orders a $1.57 million payment to Yuga Labs for copyright infringement, plus legal and expert witness fees.

  • Ripps and Cahen must destroy or surrender their RR/BAYC NFTs to Yuga Labs, as ordered by the court, highlighting the gravity of copyright breaches.

  • The verdict also mandates transferring all RR/BAYC-related social media accounts and smart contracts to Yuga Labs.

  • Despite the large fine, Ripps and Cahen intend to appeal the decision in California's Ninth Circuit Court, suggesting the legal fight may persist.

Today's edition was written by Leah Alger