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

May 26, 2022

Types : Bylined Articles

THE FIRST THING you should probably 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.”

Green, an actor best known for his pouty portrayal of archvillain Dr. Evil’s disappointing son in the Austin Powers franchise, has become the butt of crypto’s latest bad joke. Earlier this month, Green lost his prized Bored Ape when he fell for a scam and made himself vulnerable to thieves by interacting with a clone of another NFT project’s website. Clone sites can be virtually indistinguishable from the originals, often with only a letter or two missing from their domain names. Green is not the first to lose an NFT this way, and he won’t be the last. Hacking and good old-fashioned con artistry are endemic in the magical world of Gutter Cats and Happy Hippos.

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 a license to 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. For months, he has been developing a series called White Horse Tavern, which combines live action and animation and stars an Ape with a halo and endearing intimacy issues as the titular watering hole’s bartender.


To read the full article, please click here.