MonkeDAO Plans to Buy Rights to Popular Solana Monkey Business NFT Collection for $2M

In February, decentralized Solana trading protocol Hadeswap acquired SMB and transferred its ownership to HadesDAO, promising to respect the project’s legacy. On Thursday, HadesDAO passed a proposal that would allow MonkeDAO to purchase the SMB intellectual property (IP) including “all rights, assets, accounts and keys from HadesDAO” for $2 million USDC. According to the proposal, this includes any legal registrations for the brand, SMB website code, ownership over the SMB Twitter and Discord channels and more.

Source: https://www.coindesk.com/web3/2023/04/14/monkedao-plans-to-buy-rights-to-popular-solana-monkey-business-nft-collection-for-2m/?utm_medium=referral&utm_source=rss&utm_campaign=headlines