Bored Ape Yacht Club Founders Respond To 'Disinformation Campaign'

Bored Ape Yacht Club Founders Respond To 'Disinformation Campaign'

Update: Yuga Labs announced they have filed a lawsuit against the responsible parties

The founders of the Bored Ape Yacht Club released a letter officially responding to allegations the project and its founders have ties to Nazism. 

The letter comes just four days after the release of an hour-long video by Philion entitled "Bored Ape Nazi Club," which has garnered more than 800,000 views on YouTube since its launch. 

In the letter, initially tweeted via co-founder GordonGoner.eth, the project's founders outline step-by-step their evidence to dispute the claims which they call a "crazy disinformation campaign."

Yuga Labs contends that these connections have been confirmed as inaccurate by the Anti-Defamation League (ADL) which exists to protect Jewish people from slander and hatred. 

The team has previously attempted to dispute claims of malicious and intentional connection to Nazism, via a Twitter thread from the official Yuga Labs Twitter account, and a Q&A with NFT personality and Rug Radio founder Farokh. 

However, after hearing a respected but unnamed podcaster discussing the theory, the team built the letter to more directly dispute the allegations.

Inside, the team directly tackles four major allegations with justifications of the use of apes for the NFTs, the selection of Yuga Labs as the company name, the meaning of the founder's pseudonyms, and the Bored Ape Yacht Club logo. 

In defense of the Bored Ape Yacht Club logo, which has perhaps been the most notable point of controversy from NFT community members, Goner shared a screenshot of an email from March of 2021 in which he shared similar designs and a mockup for what the Bored Ape Yacht Club logo could be. 

Lucky Trader is not able to verify the legitimacy of the email screenshot shared within. 

A handful of other allegations from the YouTube video, like the themes and clues from puzzles and ciphers that played a major role in the Bored Ape Yacht Club's early community building, were also addressed. 

To see the evidence, and read more from the Yuga Labs response, refer to the Medium article released by the team. 

More about Bored Ape Yacht Club

Arguably the most successful NFT project, the Bored Ape Yacht Club (BAYC), is a collection of 10,000 uniquely generated bored apes that are stored on the Ethereum blockchain. Launched on April 23, Bored Ape Yacht Club had a mint price of 0.08 ETH and the collection sold out on April 30, 2021. Since its launch, the project has dropped multiple companion collections including Bored Ape Kennel Club, Mutant Ape Yacht Club, and Otherdeed for Otherside, and has helped onboard a number of high profile and celebrity collectors to the NFT ecosystem.

At the time of publish, the Bored Ape Yacht Club floor price sits at 65.99 ETH, and has stayed relatively flat over the past 24 hours on 2055 ETH volume of transactions. Over that same timeframe, 2 sharp wallets have sold 2 NFTs and 1 sharp wallets have bought 1 NFTs in the Bored Ape Yacht Club collection. Catch up on other recent Bored Ape Yacht Club news here.

Recent Bored Ape Yacht Club Sales

#3758sold at 11/28 12:11pm for
69.0
#3508sold at 11/28 10:11am for
76.7
#3657sold at 11/28 8:11am for
93.9
#7864sold at 11/28 7:11am for
70.0
#9059sold at 11/28 6:11am for
71.5

Recent Bored Ape Yacht Club Listings

#1769listed at 11/28 12:11pm for
73.5
#6890listed at 11/28 12:11pm for
92.5
#5151listed at 11/28 12:11pm for
163
#5567listed at 11/28 12:11pm for
120
#3758listed at 11/28 12:11pm for
74.7
Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice.
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