Bored Ape Yacht Club and the Limitations of NFT Ownership 

Yuga Labs, the studio behind Bored Apes (and CryptoPunks) got a lot of nice press when it announced it will grant full IP rights to Ape holders. It means you can use your Ape on anything you want, with no fear of being sued. But there’s a problem: so can someone else. There’s no clear legal grounds, as of yet, to stop someone else from profiting off the use of an Ape they don’t own.

Source: Bored Ape Yacht Club and the Limitations of NFT Ownership – Decrypt

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