Bored Apes: A New Paradigm for IP
In a recent interview, CEO of Yuga Labs Daniel Alegre discussed the future of Web3 and product licensing, highlighting a new model of “community-based IP.” Here are the key points:
- Web3 brings creators, consumers, and communities together to build brands.
- Ownership of IP in the Bored Ape Yacht Club grants unlimited licensing rights.
- Individuals can use the IP for various purposes, such as starting a restaurant chain or creating merchandise.
- Regulators should consider enabling more people to leverage the benefits of Web3.
Animoca Rep and Other Speakers on New Models of Business and Finance
Other speakers at the Webx conference also expressed similar views on decentralized models. Here are the key points:
- Evan Auyang of Animoca Brands emphasized the importance of growing the pie rather than dominating it in the marketplace.
- Ken Deeter of Electric Capital showed interest in decentralized finance (defi) as an extension of the Bitcoin ethos.
- There is a growing interest in setting up new models and perspectives in various industries.
Hot Take
The discussions at the Webx conference highlight the potential of Web3 and decentralized models to revolutionize industries like intellectual property and finance. By empowering creators, consumers, and communities, these models open up new possibilities and challenge traditional approaches. The concept of unlimited licensing rights for IP ownership in the Bored Ape Yacht Club demonstrates the shift towards a more inclusive and collaborative ecosystem. As the Web3 movement continues to gain momentum, it will be essential for regulators to find ways to enable and support its growth for the benefit of all.
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