Strangely I think that might actually be less of a concern with BAYC? From the article:
> A growing number of NFT projects are granting owners the right to commercially adapt their works, which has been a useful strategy for increasing brand visibility but has consequently introduced a host of legal disputes. Bored Ape Yacht Club was among the first to adopt these terms, which led to an explosion of Bored Ape merchandise and derivative NFT collections but also set the stage for bitter copyright lawsuits.
IANAL though, and also "bitter copyright lawsuits" doesn't sound exactly like where you'd want something like this to end up :)
Unless the BAYC contract permits some party to deem a transfer of the NFT illegitimate and reassign the IP rights back up the chain, it's just as much of a concern. As illustrated by this very story.
> A growing number of NFT projects are granting owners the right to commercially adapt their works, which has been a useful strategy for increasing brand visibility but has consequently introduced a host of legal disputes. Bored Ape Yacht Club was among the first to adopt these terms, which led to an explosion of Bored Ape merchandise and derivative NFT collections but also set the stage for bitter copyright lawsuits.
IANAL though, and also "bitter copyright lawsuits" doesn't sound exactly like where you'd want something like this to end up :)