Yuga Labs Expands its Web3 Vision with New Trademark Application
Yuga Labs, the digital asset firm behind the Bored Ape Yacht Club project, has filed a new trademark application for its trending Made By Ape vibe. The company seeks to trademark the term “Made By Ape” logo and plans to use it to launch digital assets, including sunglasses, virtual artwork, clothing, and more. This move is part of Yuga Labs’ ongoing efforts to expand its web3 vision and provide unique opportunities for NFT holders.
Key Points:
- Yuga Labs, the creator of Bored Ape Yacht Club, has filed two trademark applications for NFT-related terms with the US Patents and Trademark Office.
- The company plans to use the “Made By Ape” logo to launch a range of products, including sunglasses and virtual artwork.
- Yuga Labs also intends to authenticate its products with non-fungible tokens (NFTs) and expand into trading cards, bags, toys, and more.
- Made By Apes is an exclusive platform for Bored Ape Yacht Club and Mutant Ape Yacht Club NFT holders, allowing them to request a license to use the “Made By Apes” logo for their projects.
- The platform ensures each license is recorded on the blockchain, providing proof of ownership.
Hot Take:
Yuga Labs’ trademark applications and plans to expand its product offerings demonstrate the company’s commitment to innovation in the NFT space. By providing unique opportunities for NFT holders and leveraging blockchain technology, Yuga Labs is cementing its position as a leader in the digital asset industry.
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