The Premier League and Uefa have made it obvious that they are at the topmost hot NFT tweets that showcase their assets. Both organizations are presently searching legal advice to plan their upcoming move on possible trademark illegality.
Athletes and sports franchises have been on the rise of NFTs the previous year. Apart from basketball, football was led the charge due to fantasy football game Sorare. Not surprisingly, the previous captain of Chelsea and assistant coach at Aston Villa has joined the squad. Terry actively promotes “Ape Kids Club” NFTs on Twitter.
Uefa, that arranges the Europa League and Champions League, stated : “Uefa takes the safety of its intellectual property rights critically and we are analyzing this issue more.” The Premier League Football Association reflected the viewpoints of Uefa. They are on raised signal over the illegal use of the FA Cup award, the Community Shield and the England kit on the NFTs.
The NFTs in question are from the Ape Kids Club NFT series, a product of another famous NFT, the “Bored Ape Yacht Club.” The series shows 10,000 digital pictures of cartoon apes. The “Ape Kids Club” shows 9,999 several ape NFTs ready to buy.