Bored Ape Yacht Club (BAYC) has denied allegations that this NFT project is built on fascist and racist ideas.
Earlier this week, the NFT community shared a YouTube video over an hour-long post on June 20, claiming to “unveil” the truth about the ideals behind the most popular NFT project today, now Bored Ape Yacht Club (BAYC). Throughout the video want to emphasize that the NFT project is fascist and racist.
Some notable points shown in the video include:
Philion then urged NFT users to join the BurnBAYC movement and boycott the project.
In response, on the morning of June 25, the founders of Bored Ape Yacht Club, represented by Gordon Goner, published a blog post refuting the allegations. In the article, Gordon Goner stated that the four founders of BAYC had no reason to support fascism with Jewish, Turkish, Pakistani, and Cuban backgrounds. Goner also alleges it’s just a conspiracy to smear the project to sell NFT.
The BAYC founders also stated that they chose the word Ape as the focal point of the NFT collection due to the “ape-in” joke popular in the crypto investment community.
The logo’s inspiration comes from sailing clubs. Maritime elements (which make up the Yacht Club) – the skull design of the logo has been recognized by the Anti-Damage Alliance (ADL) as unrelated to fascists and segregation of Jews; the name Yuga is the name of a boss in the popular Zelda series; The founders’ names come from many memories in their own lives.
Yuga Labs stated that to prevent infringement of intellectual property rights and smear the project, they have filed a lawsuit against the parties involved, but the specific content is unknown.
Controversy continues to this day in the NFT community.
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