“The creator of the image from the Just a chill guy meme, under the nickname PhillipBankss, has threatened legal action against the creators of the tokens that use the image. Source: X. On November 15, the Just a chill guy (CHILLGUY) coin was launched on the Solana network. The token became popular, reaching a capitalization of $580 million at its peak. At the time of writing, the show is down to $398 million at a price of $0.3988. Source: GeckoTerminal. The artist has registered copyright for the image and will allow non-commercial use in the coming days. PhillipBankss […]”, — write: businessua.com.ua
The creator of the image from the Just a chill guy meme, under the nickname PhillipBankss, has threatened legal action against the creators of the tokens that use the image.
Source: X.
15 In November, the Solana network launched the Just a chill guy (CHILLGUY) coin. The token became popular, reaching a capitalization of $580 million at its peak. At the time of writing, the show is down to $398 million at a price of $0.3988.
Source: GeckoTerminal.
The artist has registered copyright for the image and will allow non-commercial use in the coming days.
PhillipBankss will pursue the creators of “unauthorized merch and shitcoins”. He explained that he did not consent to the use of his creativity in “cryptocurrency”.
The community was skeptical of the artist’s statement.
One participant noted that filing a lawsuit is “virtually impossible” for anonymous and decentralized tokens.
These people don’t get that coins can be launched anonymously, in a decentralized way, with no team or jurisdiction—making legal action nearly impossible. https://t.co/RPAJItGZwL
— Ultima (@UltimaHoarder) November 21, 2024
Another explained that the asset is already “immortalized” on the blockchain and will exist with or without the artist.
This guy thinks he can take down a shit coin with DMCA strikes, it is immortalized on chain now
It’s gonna exist with or without you lil bro
Make some money during your 5 minutes of fame😂 https://t.co/UwPPat4SPO
— SimpleCDF (@SimpleCDF) November 21, 2024
Some have suggested using this opportunity to make money by holding an NFT auction.
Look man if I was an artist and my picture went viral & transformed into a 300 million market cap memecoin i’d do an NFT auction & make bank & call it a day https://t.co/QAasgfoGib
— Jones (@JewishKrabz) November 21, 2024
We will remind you that on November 15, the meme-coin index reached ATH thanks to new listings.
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