NFT Artist Beeple Risks Copyright Lawsuit For Tweeting About The Chill Guy Memecoin

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Michael
Winkelmann,
a
non-fungible
token
digital
artist
known
professionally
as
“Beeple,”
has
jumped
into
a
hot
frying
pan
after
accidentally
tweeting
about
the
Chill
Guy,
a
controversial
meme
coin
anonymously
created
on
the
Solana
blockchain
network.
The
new
Chill
Guy
meme
coin
was
created
last
week
and
gained
over
$500
million
in
market
capitalization.

Beeple
Tweets
About
Chill
Guy
MemeCoin

In
a
November
22

blog
post
,
Beeple,
through
his
daily
artwork,
published
an
image
featuring
graphics
similar
to
those
of
“Chill
Guy,”
a
global
viral
meme
sensation
from
the
digital
artist
Philip
Banks.
Beeple
has
found
himself
risking
a
copyright
lawsuit
since
Banks
had
previously
banned
the
public
from
using
his
digital
art
and
threatened
legal
action
against
meme
coins
using
his
art.

 

Beeple
is
an
American
digital
artist,
graphic
designer,
and
animator
renowned
for
selling
non-fungible
token
collections.
He
uses
various
media
in
his
comical
artworks
to
make
political
and
social
commentary
while
using
pop
culture
figures
as
references.
Beeple
has
been
creating
art
every
day
since
2007.
He
has
attracted
a
huge
following
on
X,
formerly
Twitter,
that
now
nears
800,000.

In
the
realm
of
digital
art
and
the
NFT,
Beeple
has
created
his
brand
to
become
a
prominent
figure.
One
of
the
most
significant
milestones
in
his
career
was
the
sale
of
his
artwork,
“Everydays:
The
First
5000
Days,”
as
an
NFT.
This
digital
collage
comprised
five
thousand
unique
artworks
created
daily
over
a
span
of
13.5
years.
It
was
auctioned
by
Christie’s
and
sold
immediately
at
a
staggering
$69
million
in
2021.

What
Is
Chill
Guy
MemeCoin?

The
Chill
Guy
is
a
crypto
token
based
on
a
viral
TikTok
meme
created
on
the
Solana
blockchain
network
less
than
one
week
ago.
The
new
meme
coin
has
gone
parabolic,
touching
a
$500
million
market
capitalization
just
days
after
launching.
The
meme
coin
has
left
some
traders
raking
in
millions
from
the
launch,
including
one
who
turned
a
$1,000
investment
into
over
$1
million
in
less
than
a
week.

Despite
its
good
performance,
this
new
Chill
Guy
meme
coin
was
created
without
the
consent
of
Phillip
Banks,
the
artist
behind
the
viral
“Chill
Guy”
meme.
As
the
new
CHILLGUY
meme
coin
roared
throughout
the
week,
Banks
wrote
on

Twitter

(X)
that
he
would
take
legal
action
against
meme
coins
using
his
art.
Fortunately,
Beeple
has
distanced
himself
from
the
meme
coin
and
declared
that
he
had
no
involvement
with
the
project
whatsoever.

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