A Bored Ape Lawsuit Won’t Set the NFT Precedent Seth Green Wants

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The first thing you should do if you find yourself in Seth Green’s position is not tweet about how much you’re “looking forward to precedent-setting debates on IP ownership & exploitation.”

about how much you’re “looking forward to precedent setting debates on IP ownership & exploitation.”

What makes Green unique is that he had a lot more riding on his Ape than most members of the Yacht Club. Unlike many NFTs, Bored Apes come with ato make personal or commercial use of your new primate pal. When you purchase an Ape, you are granted the right to reproduce its image and create derivative works. Green had planned to do just that.

Incorrect. This latest Ape affair illustrates the limits of the free, frictionless world promised by crypto—and its many misunderstandings around ownership.

 

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