Nifty News: Yuga in doghouse over Kennel Club logo, NFT marketplace wars rage on and more

cointelegraph.com:

The logo for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after recently surfaced allegations of intellectual property theft.

Yuga co-founder, Greg Solano, more widely known as “Garga” tweeted on Feb. 18 that the BAKC logo would be changing and the project would “debut the new logo soon.”

Saw the claims today about the BAKC logo. This was news to us and we're still investigating the situation. Have reached out to the freelancer we hired for that design and Easy Drawing Guides. We’ll be changing the logo and updating it on our site / ask marketplaces to change as… https://t.co/OwtflDXehz

Yuga has been in the doghouse over its trademarked logo as it looks remarkably similar to the finished product of a follow-along drawing guide made for children by a company called Easy Drawing Guides.

Easy Drawing Guides released a wolf skull drawing guide on April 5, 2021, a little over two months prior to BAKC’s June 17, 2021 launch. The firm has asserted its intellectual property rights over the drawing.

Thanks for bringing this up @Jdotcolombo. @yugalabs doesn't have a license to the wolf skull drawing. The intellectual property rights for the drawing belong to Easy Drawing Guides as it's our original drawing and protected by our Terms and Conditions.

Solano said the whole debacle “was news to us,” adding Yuga was “still investigating the situation” and had contacted Easy Drawing Guides and the freelance artist contracted for the design.

NFT sales over the past seven days have skyrocketed amid a battle for domination between OpenSea and its rival Blur — with the two sparring over fees and creator royalties.

According to data from NFT aggregator CryptoSlam, NFT sales volume has