{"id":20239,"date":"2023-07-25T18:00:40","date_gmt":"2023-07-25T18:00:40","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/made-by-apes-lets-bayc-holders-request-a-license-for-projects\/"},"modified":"2023-07-25T18:00:43","modified_gmt":"2023-07-25T18:00:43","slug":"made-by-apes-lets-bayc-holders-request-a-license-for-projects","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/made-by-apes-lets-bayc-holders-request-a-license-for-projects\/","title":{"rendered":"Made by Apes Lets BAYC Holders Request a License for Projects"},"content":{"rendered":"
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Bored Ape Yacht Club (BAYC) holders can now register their Ape-centric products and\/or businesses with a special license on their recently launched \u201cMade by Apes\u201d platform, according to a tweet<\/a> recently posted on BAYC\u2019s X (formerly Twitter) account.<\/p>\n

The platform is described as a \u201cfirst-of-its-kind on-chain licensing for a club full of builders,\u201d in partnership with blockchain protocol SaaSyLabs. It\u2019s exclusively tailored for BAYC and Mutant Ape Yacht Club (MAYC) holders, granting them a unique on-chain license to use the Yuga-made Made by Apes logo in connection with their products or services that feature their particular Ape.\u00a0<\/p>\n

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Made by Apes: How it works<\/strong><\/h2>\n

By owning a Bored Ape or Mutant Ape NFT, Yuga Labs grants a broad license to holders to be able to use their Ape for both personal and commercial use. Its website states that the Made by Apes license is \u201ca certification that the product\/service provider owns or has licensed a legitimate BAYC or MAYC NFT.\u201d<\/p>\n

Since the initial launch of the BAYC collection in April 2021, we have already seen some interesting projects come out of Bored Ape\/Mutant Ape IP explorations, including Ape Water, Bored Sauce, Bored & Hungry, and many others.\u00a0Spanning across retail clothing and entertainment to food, consumer packaged goods, and cannabis, Apes have started to pop up more frequently in pop culture.\u00a0<\/p>\n

To request a license, holders must first connect their digital wallet containing their Ape(s) and continue with the license registration process.\u00a0According to the website, Yuga distinguishes two different types of licenses \u2013 the \u201cPrimary License\u201d and \u201cProduct License.\u201d\u00a0<\/p>\n

The Primary License serves as the holder\u2019s main license associated with their specific Ape, which is indicated by the first five numbers of the license number. Under this license, holders can add Product Licenses, or sublicenses, to associate different Apes and products that attach to the primary. That is indicated by the three digits following the Primary License numbers. To be able to sublicense, holders must first have a Primary License.\u00a0<\/p>\n

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Thank you to our launch partners for helping us set the bar for commercial rights usage: @ApeBeverages<\/a> @AppliedPrimate<\/a> @artinmotionlab<\/a> @BoredBrewingCo<\/a> @boredchili<\/a> @BoredMediaGroup<\/a> @heromachine_eth<\/a> @LadiesofBAYC<\/a> @MutantGrape<\/a> @SpiritPunks_<\/a> @storyverse_xyz<\/a> @warpsound_ai<\/a><\/p>\n

\u2014 Bored Ape Yacht Club (@BoredApeYC) July 24, 2023<\/a><\/p><\/blockquote>\n

Once the license has been issued, holders can then display their Made by Apes logo in their projects alongside the image of their BAYC or MAYC NFT. However, doing so comes with two caveats. The first is that the logo must be used \u201cas-is\u201d and cannot be altered or manipulated in any way, including the removal or watermarking of the license number, and the logo cannot be featured more prominently than the holder\u2019s individual BAYC or MAYC NFT image.\u00a0<\/p>\n

One Ape, Multiple Projects<\/strong><\/h3>\n

For holders that want to use their individual Ape in multiple projects or services, Yuga says that you\u2019ll need to register for multiple Product Licenses, of which there is no limit or restriction on how many a holder can request. For example, if your Ape was used on a t-shirt, and now you want to display it on a beer or beverage product, you would need to register for a new Product License.\u00a0<\/p>\n

One Project, Multiple Apes<\/strong><\/h3>\n

On the flip side, for holders that may own multiple Apes and want to use them in conjunction with a particular product or service, all you would need to do is request one license per Ape. Yuga says that in the \u201cnear future,\u201d holders will then subsequently be able to register the project under a single master license to then add each additional Ape as sublicenses.\u00a0<\/p>\n

The Bodega<\/strong><\/h2>\n
Credit: Yuga Labs<\/figcaption><\/figure>\n

BAYC members who join the Made by Apes program will also have their respective goods and services featured in Yuga Labs\u2019s online directory, known as The Bodega, which is expected to launch later this summer.\u00a0<\/p>\n

\u201cThe Bodega will display all Made by Ape licensees,\u201d the official licensing website reads. \u201cYou will be able to browse through other BAYC and MAYC community built products that use their BAYC and MAYC NFTs to build their brand. It is also a great way to check if a product with a Made by Apes logo has a valid license.\u201d<\/p>\n

Importantly, the website includes a disclaimer emphasizing that The Bodega and the Made by Apes logo \u201care not an endorsement of the project\/products displayed.\u201d Those interested in joining the Made by Apes licensing program can begin here.<\/p>\n<\/p><\/div>\n