Yugalabs

Adam Weitsman has never been a conventional person. He is an entrepreneur, art collector, and philanthropist whose career spans multiple fields, including scrap metal recycling, contemporary art, and more recently, NFT collecting.
Weitsman invests not only in creativity but also in talent, earning a reputation for pursuing his passions and sticking to what excites him, even if these things sometimes go against tradition.
As a long-time supporter of the Yuga ecosystem and one of the most prominent collectors in the field, Weitsman has not only built strong connections within the community but also brought mainstream attention to NFTs.

Welcome to OpenSea’s digest, our look back at the biggest NFT and Web3 news of the week.
Niceaunties brings surreal art to L’Oréal Paris for longevity and beauty event
Singaporean artist and Auntieverse creator Niceaunties made her debut at the L'Oréal Paris headquarters as part of a private event themed around longevity and beauty.
The iconic Auntie character appears in a new installation that features a mix of recent and earlier works, all centered around themes of transformation, beauty, and everyday humor.
One piece created specifically for the event is a lifelike sculpture created in collaboration with prosthetic artist Valter Adam Casotto and his partner Martine. The duo is known for their lifelike makeup techniques, and the sculpture includes playful details such as green spinach on the teeth, adding a lifelike approachability to the exhibition.

A high-profile lawsuit between Yuga Labs – the creator of the Bored Ape Yacht Club (BAYC) NFT collection – and influencer Jeremy Cahen (Pauly0x) is entering a new phase, as the company requests the court to seize nearly $400,000 from Cahen's crypto wallet to enforce the legal ruling.

The lawsuit stems from the 'derivative parody' of BAYC

Everything began in July 2022, when #YugaLabs filed a lawsuit against Jeremy Cahen and artist Ryder Ripps for releasing an NFT collection called 'Ryder Ripps Bored Ape Yacht Club' – accused of infringing the BAYC trademark. Ryder Ripps claims this collection is a form of parody and protest, alleging that BAYC NFTs contain racist imagery and are linked to Nazism.

Welcome to the OpenSea Digest, where we review the biggest NFT and web3 news of the week.
Refik Anadol creates the world’s first open source nature-based generative AI model
This week, Turkish-American artist Refik Anadol unveiled “Living Archive: Nature,” a generative art installation created from a dataset Anadol describes as “the world’s first nature-centered "Open Source Artificial Intelligence Model", which was unveiled for the first time at the 54th World Economic Forum in Davos, Switzerland.​

While Bitcoin NFTs are enjoying a boom, the darkest moment of Yuga Labs has caused many NFT holders to break their guard. In addition to being helpless at the continued decline and liquidation of leading NFTs, it also shows that the entire Ethereum NFT is difficult to Change the long-term decline in the short term.
Its NFT is about to break, facing large-scale auction liquidation
As emerging NFTs such as Bitcoin and Solana attract user attention and funds, the floor price of blue-chip NFTs in the Ethereum ecosystem has recently fallen.
Blur data shows that in the past seven days, NFTs such as MAYC, Pudgy Penguins, Azuki, DeGods, CloneX and Moonbirds have experienced varying degrees of decline, up to nearly 30%. Among them, as the leaders of the Ethereum NFT market, BAYC and MAYC are continuing to decline. embarrassing situation.

One of the goals of our new book The Everything Token is to unlock the business potential of NFTs. Currently, national and international brands are already using NFTs in some consumer-facing activities, but we think many more brands can benefit from this technology. We don’t want local businesses to be left behind, and NFTs provide them with the opportunity to engage fans and communities.
To that end, we’ve created a blueprint for builders—everyone from startup team members to small business managers to big brand executives—by describing a five-step framework for success: the NFT ladder.

It all started with a few lines of code, without any sensational release or roadmap. In early 2018, Robi, the founder of the now-defunct early experimental NFT infrastructure platform Ark.Gallery, built a tool aimed at solving a growing problem in the NFT world.
CryptoPunks is a generative art series created by web3 studio Larva Labs in 2017, consisting of 10,000 pieces. However, it was not compatible with markets like OpenSea; they were launched before the ERC-721 token standard and relied on custom smart contracts, making them operate independently from the ever-expanding NFT ecosystem on Ethereum. This made it harder to buy, sell, or integrate into new platforms.

Welcome to the OpenSea Digest, our recap of the biggest NFT and web3 news from the week.
Azuki previews next anime series for NFT fans
Popular anime-inspired NFT series Azuki has announced the release of episode 2 of its Enter the Garden anime anthology series, titled “Fractured Reflections,” a collaboration between producer Goro Taniguchi, director Yukio Takatsu, and Kazuto Nakazawa, the renowned character designer behind the animated sequences in anime series (Chaos Samurai) and (Kill Bill: Volume 1).
According to the Azuki team, the project lays the foundation for future animation projects and is part of the brand's larger strategy to enter the industry. The episode will last approximately 15 minutes and feature returning characters Shao and Raizan from Episode 1.