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Yuga Labs faces user backlash for under wraps KYC-restricted project -Breaking

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Yuga Labs is the founder of Bored Ape Yacht Club (or BAYC). On Thursday, Yuga Labs teased a new partnership with blockchain game publisher Animoca Brands through Twitter (NYSE :). However, no information about the project has been released. Users who registered for it through a Know Your Customer (or KYC) verification process expressed concerns via social media.

BAYC just tweeted a link that leads to a website for interested people to apply to be approved to take part in “is brewing”. Users must first connect to a wallet and provide proof of identity, such as a passport, license or ID, as well as proof that they live in the United States.