Dogecoin Foundation registers name and logos as trademarked within in the EU

Share This Post

The foundation took action to prevent, “attempts by people completely unaffiliated with Dogecoin to register” the names for reasons of fraud and extortion, according to board member Jens Wiechers.

The Dogecoin Foundation announced on Twitter on Wednesday that it had registered “Doge,” “Dogecoin” and its associated logos as trademarks in the European Union. The certificate displayed in the tweet was dated Jan. 13, 2022.

Foundation executive board member Jens Wiechers said in the tweet thread, “The issue isn’t (and has never been) use in memes, etc, but attempts by people completely unaffiliated with Dogecoin to register them, which only really makes sense if they want to then extort either the community or the Dogecoin project, devs, foundation, etc. directly.”

Since its revival in August, the Dogecoin Foundation has faced numerous issues with the use of its name and imagery due to the fact that the foundation did not seek trademark protection at the time of its creation in 2014. In the United States, as of September, the foundation’s application at the U.S. Patent and Trademark Office was competing with “half a dozen” others, and “at least 100” cryptocurrencies not related to the Dogecoin Foundation were using the Dogecoin name.

Another apparent consequence of the scramble over the cryptocurrency’s name has been the resignation of foundation director Ross Nicoll. Announcing his decision in his blog on Feb. 16, Nicoll wrote that the foundation “is operating in an extremely challenging environment” where “the stress involved is overwhelming.”

According to Nicoll, “a number of parties were registering trademarks for Dogecoin,” and “in the summer of 2021, there was a potential lawsuit against the developers from someone who claimed we were responsible for their funds.”

Nicoll also mentioned a possible conflict of interest with his day job as a software developer at Alphabet. He remains at the foundation as an adviser. The Dogecoin Foundation, in its announcement of Nicoll’s move, said Nicoll told core members of his plans almost a year ago, and “has been instrumental in the re-establishment of the Dogecoin Foundation” with his departure in mind.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Bitget Partners With Solayer to Launch CEX-based Solana (SOL) Liquid Staking Services

Victoria, Seychelles, 22nd October 2024 – Bitget, the leading cryptocurrency exchange and Web3 company, has announced the launch of its Solana (SOL) liquid staking service, in partnership with

Crypto News Today (Oct 22nd, 2024): BTC Below $67k, ETH Aim For $3k, Memecoin Showing Gains!

The post Crypto News Today (Oct 22nd, 2024): BTC Below $67k, ETH Aim For $3k, Memecoin Showing Gains! appeared first on Coinpedia Fintech News Today, on October 22nd, 2024, the crypto market saw a

Avalanche Unleashes a New Way to Spend Crypto: Meet the Avalanche Visa Card

Avalanche has launched the Avalanche Card, a loadable debit card that allows users to make purchases using their crypto assets where Visa is accepted The card will initially be available to Latin

Ethereum Bullish Breakout Confirmed – Top Analyst Predicts $3,400 Target

Ethereum (ETH) trades above $2,600 after a 5% retrace from local highs around $2,750 Over the past two weeks, ETH has maintained a bullish trajectory, sparking optimism across the market as investors

India favors CBDCs over Bitcoin, Ethereum despite top rank in global adoption

Indian regulators are considering banning private cryptocurrencies like Bitcoin and prefer the potential of central bank digital currencies (CBDCs) to offer safer and more inclusive financial

Solana Price Prediction: Analyst Projects Colossal 400% Uptrend This Cycle, Reveals Ultimate Target

After a brief retracement, the Solana price has found support at the $163 mark and is currently trading at approximately $168 The cryptocurrency is again approaching a significant resistance level at