NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
    NFT Evening NFT Evening
    Crypto Art

    Home » News » Crypto Art » Did Coolman’s Universe NFTs Break Their Contract? DigiART Claims So.

    Did Coolman’s Universe NFTs Break Their Contract? DigiART Claims So.

    By Janelle BorgMarch 15, 2022Updated:March 17, 20222 Mins Read

    DigiART is suing artist Danny Casale, the creator of Coolman’s Universe, for repeatedly violating a collaboration contract. According to DigiART, he gave DigiART the exclusive right to promote and sell NFTs. Casale, on the other hand, claims that he never signed an agreement with the company.

    coolman's universe
    The creator of Coolman’s Universe is facing a lawsuit that could see him lose millions of dollars.
    Credit: Gotham Mag

    According to the alleged contract, in addition to giving DigiART these rights, Casale agreed to split the profits evenly. If this is indeed the truth, Casale owes DigiART millions of dollars.

    The agreement, allegedly signed by the two parties in May 2021, expires in May 2022. According to the complaint, Casale enlisted the help of DigiART and digital art dealer Marcel Katz to drive his art sales. The public relations efforts included Casale debuting at Miami Art Week. In fact, at Miami Art Week, Katz organized a pop-up show called Ur Special Coffee in a bagel shop in Miami, selling paper cups of coffee with hand-drawn pieces from Casale for $1,000.

    Meanwhile, Casale began marketing and offering Coolman’s Universe NFTs, without DigiART’s permission and knowledge. According to the complaint, the Coolman Universe collection generated $3.6m via primary sales and a secondary trading volume of over $50 million on OpenSea. The collection now has a floor price of 1.299 ETH and a trading value of approximately 20,800 ETH.

    Danny Casale claims these statements are untrue and that an agreement was never reached. Moreover, Casale’s spokesperson claims the lawsuit is “completely meritless.” Time will tell whether this lawsuit will have any impact on the future of the highly-successful Coolman’s Universe.

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    Previous ArticleShopify Are Doing A Doodles NFT Giveaway. Are We Still Early?
    Next Article McDonald’s Italy Launches A Triple Cheeseburger NFT
    Janelle Borg
    • Website

    Janelle is a freelance content writer with a passion for all things related to music, marketing and tech. She looks forward to bringing you more news relating to the fast-paced world of Crypto and NFTs from her home office in Brighton.

    More great NFT Evening content:

    Pablo Stanley Builds the Characters Behind Humankind NFT With AI

    January 19, 2023

    Smart TV owners Can Now Trade NFTs With LaCollection x Samsung

    January 13, 2023

    Aavegotchi’s New Initiative To Help Create Verified Physical Prints Of NFT Art

    December 18, 2022

    Pplpleasr’s Shibuya Web3 Platform Raises $6.9M

    December 11, 2022

    Gmoney Iteration-02 NFT Collection Is Now Sold Out!

    December 10, 2022

    DJ Agoria Drops NFTs For Ledger Pass Holders

    November 29, 2022

    Leo Villareal To Drop Cosmos-inspired Generative Art NFT

    November 22, 2022

    ARKPIA & Florentijn Hofman to Debut World’s 1st Public Artwork AR

    October 28, 2022
    Latest NFT News

    Twitch Co-Founder Invests On Oh Baby Games $6M Seed Round

    February 1, 2023

    Doodles Dooplicators Go Live Tomorrow: Here’s What to Know

    January 31, 2023

    BAYC Artist Migwashere Launches New NFT Collection, Wen Sandwich

    January 31, 2023

    National Geographic NFTs Turn Into a National Failure

    January 31, 2023

    Warner Music Group Launches a DJ Contest in The Sandbox

    January 31, 2023

    Sorare Partner With The English Premier League To Release NFTs

    January 31, 2023

    Avalanche Park x Ed Balloon Concert Series to Highlight NFT Musicians

    January 30, 2023

    OneFootball To Drop “Tifosi Selection” NFT Collection Honouring Italian Football Fans

    January 30, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Collaboration and Press Releases
    • Job Opportunities
    • About Us
    • Contact Us
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.