Yuga Lab's NFT Token BARC To Be Rebranded After Allegations Of Intellectual Property Theft

The emblem for the Bored Ape Kennel Club (BAKC) from nonfungible token (NFT) conglomerate Yuga Labs is getting a refresh after lately surfaced allegations of highbrow assets theft.

In an e-mail to CoinDesk, Yuga Labs stated it's been operating on an replace to our branding and that the brand new layout may be rolled out over the following couple of weeks.

The new emblem has a comparable appearance to BAKC`s contemporary emblem, however with a few key differences. For one thing, the letters 'B' and 'A' are large than they had been before, whilst different letters have additionally been changed — seemingly to lead them to greater awesome from one another.

Yuga Labs did not specify why it determined to alternate its branding, however it did say that it changed into operating with attorneys on the problem and could offer in addition updates in due course.